701 Cohen Way - Commercial LAND FOR SALE


Sarasota, FL 34236- Downtown Sarasota13,504 SF
$2,899,000 USD
941-920-1500
701 Cohen Way, Sarasota, FL for Sale
$2,899,000 USD
Commercial LAND - FOR SALE
1/15
13,504 SF

701 Cohen Way
Sarasota, FL 34236
Downtown Sarasota


HIGHLIGHTS

  • Permit-ready site with construction start possible in just 60 days
  • Six luxury three-story townhomes with private pools, guest houses, and expansive outdoor living spaces
  • Each residence offers 4 beds, 3 full baths, 2 half baths, and over 2,800 sq. ft. of contemporary design
  • Located in Flood Zone X, steps from The Bay Sarasota and minutes to downtown, beaches, and arts district
  • Optional builder retention and possible owner financing for streamlined construction and delivery within 18 months

OVERVIEW

Status: Permit-ready – construction can begin in 60 days Product: Six (6) luxury three-story townhomes Unit Specs: Each unit includes 4 bedrooms, 3 full baths, 2 half baths, private pool, guest house, expansive terrace, outdoor kitchen, and two-car garage Size & Pricing: Residences over 2,800 sq. ft., priced from $2,693,000 Architecture: Light, bright contemporary design with impact glass Financials: Projected Sales Volume: $16,000,000+ Projected Profit: $4,426,000 (Pro Forma available) Location Highlights Steps from The Bay Sarasota, a 53-acre waterfront park Surrounded by 65 restaurants within 6 blocks Two blocks from Sarasota School of Arts and Sciences (SSAS) Minutes to downtown shopping, arts district, St. Armands, and Lido Beach Located in Flood Zone X – elevated land with reduced flood risk Competitive Advantages Townhomes designed to live like single-family homes Exceptional outdoor living with private pools and terraces High demand for Rosemary District properties; land supply is limited Completion possible within 18 months of groundbreaking Optional: Retain current builder/owner for streamlined construction ?? Contact us today for Pro Forma details and to seize this rare development opportunity in one of Sarasota’s most desirable urban neighborhoods.

FOR SALE DETAILS

PRICE

$2,899,000 USD

PRICE/ACRE

$9,351,336/AC

PRICE/SF

$215 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Single Family Residence

LAND ACRES

0.31 AC

LAND SF

13,504 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk, Telephone

ZONING

DTE

APN/PARCEL ID

2026-06-0036

ASK ABOUT THIS PROPERTY

Frank LambertPremier Sothebys International RealtyMore Info
941-920-1500

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Frank LambertPremier Sothebys International RealtyMore Info
941-920-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.