$2,495,000
 $13,394 est/mo Sourced by Back At You

701 Cohen Way,SARASOTA, FL 34236

SARASOTA, FL 34236

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Description

Soon to be a 'permit-ready' opportunity in Sarasota's red-hot Rosemary Arts & Design District. A rare chance to build lifestyle-driven homes in one of Sarasota's fastest-growing urban neighborhoods. This shovel-ready project is designed for buyers who want modern design, abundant outdoor living and navigability, all the essentials for today's millennial and empty nester markets. Project highlights include a permit-ready space, construction can begin in just four to six months. Potential for six three-story townhomes, each with four bedrooms, three full baths and two half baths, as well as private pools and guest houses, luxury features that set this community apart. Multiple terraces, patios and outdoor kitchens will provide expansive outdoor living space. Private two-car garages for every residence. Large residences at over 2,800 square feet. Priced at $2,495,000, the lot has potential for light, bright architecture, built to the latest hurricane standards. The property has potential to produce sales volume and profit. An advantageous location, the project is a short distance from The Bay Sarasota, a 53-acre waterfront park; two blocks from Sarasota School of Arts and Sciences (SSAS) and surrounded by 65 restaurants within six blocks and just minutes from downtown shopping, theaters, arts districts and St. Armands/Lido Beach. Located in Flood Zone X, a safer, elevated land designation. Adding to the sought-after location is the stunning urban design across 7th Street. The award-winning Sarasota and Rosemary District architect, Halflants & Pichette, has designed a condominium project with a rooftop pool, fitness center and clubhouse coming at the southwest corner of 7th/Cohen Way. This condominium development lives like single-family homes, offering privacy, scale and unparalleled outdoor space. With demand outpacing land supply in Rosemary, this is a timely opportunity to shape the district's next chapter. Completion is possible within 18 months of groundbreaking. Adjacent property is MLS A4706531. Together with this property, it offers a 62-unit development opportunity.

Details

MLS #A4706492
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Days On Site24
Listing Provided ByPREMIER SOTHEBY'S INTERNATIONAL REALTY | Frank Lambert

Features

ZoningDTE
Acreage0.31
Property ViewCity

Taxes

Property14176

Area Information

StateFL
CountySarasota
CitySARASOTA
Zip Code34236
Area34236 Sarasota
SubareaPlat Of Sarasota
Community NameROSEMARY DISTRICT
School DistrictBooker High
Elementary SchoolAlta Vista Elementary
High SchoolBooker High
Listing VS Median (in ROSEMARY DISTRICT)
Price:
$2,495,000
low | high
Med:
$1,695,000
82.064128256513% of Average
On site:
24
low | high
Med:
212
11.320754716981% of Average
Sourced by Back At You

Market Activity 34236

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 12, 2026 at 12:42:07 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountySarasota
CitySARASOTA
Zip Code34236
Area34236 Sarasota
SubareaPlat Of Sarasota
Community NameROSEMARY DISTRICT
School DistrictBooker High
Elementary SchoolAlta Vista Elementary
High SchoolBooker High
Listing VS Median (in ROSEMARY DISTRICT)
Price:
$2,495,000
low | high
Med:
$1,695,000
82.064128256513% of Average
On site:
24
low | high
Med:
212
11.320754716981% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.871M - $3.118M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1419 & 1427 7TH ST Property Photo 1
$2,495,000
1419 & 1427 7th St
Sarasota, FL 34236
Listing Updated: September 29, 2026 at 5:40:43 AM PDT