SARASOTA, FL 34236 701 COHEN WAY

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Presented By: PREMIER SOTHEBY'S INTERNATIONAL REALTY with 941-364-4000. - 941-364-4000
  • MLS# A4666601
  • 09/30/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.

Home Details

Permit-ready opportunity in Sarasota’s red-hot Rosemary 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 walkability—all the essentials for today’s millennial and empty nester markets. Project highlights include: a permit-ready space, construction can begin in just 60 days. Potential for six three-story townhomes, each with four bedrooms, three full baths, 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 from $2,693,000 with light, bright contemporary architecture and impact glass up to the latest hurricane standards. The projected sales volume is over $16,000,000, with a projected profit potential of $4,426,000 (Pro Forma available). An advantageous location, the project is just steps from The Bay Sarasota, a 53-acre waterfront park, two blocks from Sarasota School of Arts and Sciences (SSAS), is surrounded by 65 restaurants within six blocks, and sits just minutes to 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 southwest corner of 7th/Cohen Way. Why this project wins? 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 possible within 18 months of groundbreaking. Optional advantage - buyer may retain the current builder/owner to streamline construction.
Presented By: PREMIER SOTHEBY'S INTERNATIONAL REALTY with 941-364-4000. - 941-364-4000

Interior Features for 701 COHEN WAY

Bathrooms

Total Baths

General for 701 COHEN WAY

Additional Parcels Y/NNo
Building Area Unitssquare feet
Citysarasota
Countysarasota
Current Useunimproved
Directionsfrom 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.
Elementary Schoolalta vista elementary
Facing Directioneast
Flood Zone Codex
Flood Zone Code XY
HOANo
High Schoolbooker high
Legal Descriptionlots 5 & 6, sub lot 12, blk y, plat of sarasota, being same lands as desc in ori 2014040833 & 2015024551
Listing Termscash, conventional, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet13350
Lot Size Unitssquare feet
MLS Area34236 - sarasota
Middle/Junior High Schoolbooker middle
ModificationTimestamp2025-10-01t16:37:05.253z
Ownershipfee simple
Possessionnegotiable
Property Typeland
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namerosemary district
Tax Annual Amount14176
Tax Lot5
Tax Year2025
Utilitieselectricity available, sewer available, sewer nearby, water available
Viewcity
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Zoningdte

Exterior for 701 COHEN WAY

Lot Dimensions133.5 x 100
Lot Featuresbuildable, city lot, level, urban
Lot Size Acres0.31
Lot Size Area13350
Number of Lots1
Road Frontage Typebusiness district, city street
Road Responsibilitypublic maintained road
Road Surface Typepaved
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Booker Middle
High School Booker High
Elementary School Alta Vista Elementary

Steven Pugh

Broker Associate | Team Leader
Price $2,899,000
MLS#A4666601
List Date 09/30/2025
Property Type Land
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