701 COHEN WAY, Sarasota, Sarasota, FL, 34236, Land, , 0, 01b34d24b8a0b949888f2af7f04301b8, A4706492,701,COHEN

  • $2,495,000

Overview

Property ID: A4706492

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.

  • Address: COHEN
  • City: SARASOTA
  • State/county: Sarasota
  • Zip/Postal Code: 34236
  • Area: ROSEMARY DISTRICT

Details

Updated on September 21, 2026 at 7:59 pm
  • Property ID A4706492
  • Price $2,495,000
  • Land Area 0.31 Square Feet
  • Property Status Land

Additional details

  • CoListAgentFullName Anita Lambert
  • CoListAgentMlsId 266504706
  • CoListOfficeMlsId 281519790
  • CoListOfficeName PREMIER SOTHEBY'S INTERNATIONAL REALTY
  • ContractStatusChangeDate 2026-09-18
  • CumulativeDaysOnMarket 125
  • CurrentUse Unimproved
  • DaysOnMarket 3
  • DirectionFaces East
  • Directions FROM I 75, TAKE FRUITVILLE RD EXIT INTO DOWNTOWN SARASOTA; TURN NORTH ON CENTRAL AVE; TURN RIGHT ON 7TH STREET; PROPERTY IS ON LEFT AT COHEN WAY/7TH STREET.
  • ElementarySchool Alta Vista Elementary
  • HighSchool Booker High
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR Sarasota - Manatee
  • ListAgentAOR Sarasota - Manatee
  • ListAgentEmail frank.lambert@premiersir.com
  • ListAgentFullName Frank Lambert
  • ListAgentKey f1a777e3bffeb1dd60827d3a8f04940f
  • ListAgentMlsId 281500474
  • ListAgentPreferredPhone 941-920-1500
  • ListOfficeKey bb84df2db420f3a858adfceeb5036268
  • ListOfficeMlsId 281519790
  • ListOfficeName PREMIER SOTHEBY'S INTERNATIONAL REALTY
  • ListOfficePhone 941-364-4000
  • ListingContractDate 2026-09-17
  • ListingTerms Cash, Conventional
  • LotFeatures Buildable, City Lot, Level, Urban
  • LotSizeArea 13350
  • LotSizeDimensions 133.5 x 100
  • LotSizeSquareFeet 13350
  • MLSAreaMajor 34236 - Sarasota
  • MiddleOrJuniorSchool Booker Middle
  • MlsStatus Active
  • ModificationTimestamp 2026-09-21T18:16:45.800Z
  • OnMarketDate 2026-09-18
  • OriginalEntryTimestamp 2026-09-18T15:59:49.343Z
  • OriginalListPrice 2495000
  • OriginatingSystemKey stellar
  • OriginatingSystemName Stellar MLS
  • Ownership Fee Simple
  • ParcelNumber 2026060036
  • PhotosChangeTimestamp 2026-09-18T16:02:35.729Z
  • PhotosCount 57
  • RoadFrontageType Business District, City Street
  • RoadSurfaceType Paved
  • Sewer Public Sewer
  • SourceSystemKey 811644940
  • SpecialListingConditions None
  • StateOrProvince FL
  • StatusChangeTimestamp 2026-09-18T15:59:49.343Z
  • StreetName COHEN
  • StreetNumber 701
  • StreetNumberNumeric 701
  • StreetSuffix WAY
  • TaxAnnualAmount 14176
  • TaxBlock Y
  • TaxBookNumber A-65
  • TaxLegalDescription LOTS 5 & 6, SUB LOT 12, BLK Y, PLAT OF SARASOTA, BEING SAME LANDS AS DESC IN ORI 2014040833 & 2015024551
  • TaxLot 5
  • TaxYear 2025
  • Utilities Electricity Available, Sewer Available, Sewer Nearby, Water Available
  • View City
  • WaterSource Public
  • Zoning DTE

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