Shovel ready luxury development in the heart of Sarasota. Refined urban living | Rosemary District | $57M plus projected sales. Experience the best of downtown Sarasota. A game changer for luxury developers, builders and visionariesthis is one of the last buildable parcels in Sarasotas vibrant and walkable Rosemary District, moments from the new 53 acre Bay Sarasota Park and surrounded by over 65 restaurants within a six block radius. What makes this project unmissable? Two words: Time and density. Shovel ready with permits ready to issue. Approved plans feature a boutique, contemporary mixed use masterpiece combining10 designer condominium residences, 10 tri level town homes with private garages and elevators, and 10 luxury retail suites with soaring storefronts. Design and lifestyle highlights such as private gated enclave with individual entrances, expansive four bedroom, 3.5 bath layouts, separate guest casitas for multi gen or income opportunities, illuminated, open floor plans with floor to ceiling glass, alfresco terraces with grill ready summer kitchens, lushly landscaped Zen inspired pool oasis, private two car garages and in unit elevators, crafted with the latest hurricane construction standards. Premium designer finishes and curated architectural touches throughout. Investment snapshot, projected sales from $2.4M$3M per unit with total potential projected revenue of $57,220,000. Construction timeline as little as 24 months Ideal for capital rotation, high margin resale or portfolio legacy. the ultimate urban lifestyle. In Sarasotas booming cultural corridor, this project redefines boutique luxury in one of Floridas top ranked lifestyle cities. From University Town Center to Sarasota Opera, Selby Gardens and Lido Beacheverything is within reach. Pro forma available upon request Don't miss your chance to shape the skylineand the futureof downtown Sarasota, everything you desire is in reach. Find your ideal Florida lifestyle at Sunrise Preserve.
Shovel ready luxury development in the heart of Sarasota. Refined urban living | Rosemary District | $57M plus projected sales. Experience the best of downtown Sarasota. A game changer for luxury developers, builders and visionariesthis is one of the last buildable parcels in Sarasotas vibrant and walkable Rosemary District, moments from the new 53 acre Bay Sarasota Park and surrounded by over 65 restaurants within a six block radius. What makes this project unmissable? Two words: Time and density. Shovel ready with permits ready to issue. Approved plans feature a boutique, contemporary mixed use masterpiece combining10 designer condominium residences, 10 tri level town homes with private garages and elevators, and 10 luxury retail suites with soaring storefronts. Design and lifestyle highlights such as private gated enclave with individual entrances, expansive four bedroom, 3.5 bath layouts, separate guest casitas for multi gen or income opportunities, illuminated, open floor plans with floor to ceiling glass, alfresco terraces with grill ready summer kitchens, lushly landscaped Zen inspired pool oasis, private two car garages and in unit elevators, crafted with the latest hurricane construction standards. Premium designer finishes and curated architectural touches throughout. Investment snapshot, projected sales from $2.4M$3M per unit with total potential projected revenue of $57,220,000. Construction timeline as little as 24 months Ideal for capital rotation, high margin resale or portfolio legacy. the ultimate urban lifestyle. In Sarasotas booming cultural corridor, this project redefines boutique luxury in one of Floridas top ranked lifestyle cities. From University Town Center to Sarasota Opera, Selby Gardens and Lido Beacheverything is within reach. Pro forma available upon request Don't miss your chance to shape the skylineand the futureof downtown Sarasota, everything you desire is in reach. Find your ideal Florida lifestyle at Sunrise Preserve.
Features
Building and Construction
Covered Spaces: 0.00
Fencing: Boundary Fencing, Chain Link
Living Area: 0.00
Land Information
Lot Features: Buildable, Corner Lot, Curb and Gutters, City Limits, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Wooded
School Information
High School: Booker High
Middle School: Booker Middle
School Elementary: Alta Vista Elementary
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Pets Allowed: Size Limit, Yes
Road Frontage Type: City Street
Sewer: Public Sewer
Utilities: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Phone Available, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Amenities
Association Amenities: Cable TV, Fence Restrictions, Gated
Finance and Tax Information
Home Owners Association Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash, Water
Home Owners Association Fee: 995.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Association Name: TBD
Country: US
Current Use: Residential
Legal Description: LOTS 1, 2, 3 & 4, FRANK A WALPOLES SUB OF LOT 2, BLK K, PLAT OF SARASOTA, ALSO LOTS 3, 5 & S 4 FT OF LOT 1,
RESUB OF LOTS 13 & 14 OF LOT 3, BLK K, & LOTS 1 THRU 4, BLK 5, CENTRAL PARK NO 1, ALSO LOTS 1 & 2, HOWARD
COURT, ALSO SW 1/4 OF ORIGINAL LOT 1 LESS N 80 FT THEREOF & S 50 FT OF E1/2 OF ORIGINAL LOT 1, ALL IN BLK K,
PLAT OF SARASOTA, OR 1749/1633 OR 1746/210 OR 2537/312 OR 2534/1272 OR 2508/547 OR 3039/1149 OR 3004/1500 OR
3004/1501 BEING SAME LANDS AS DESC IN ORI 2022103598
Situated along the iconic shores of Lido Key Beach, 1003 Westway Drive presents an unparalleled opportunity to craft a custom home with breathtaking panoramic Gulf of Mexico views and immediate access
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