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

$2,495,000
701 COHEN WAY, Sarasota, ROSEMARY DISTRICT

Overview

  • Updated On:
  • September 23, 2026

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: 701 COHEN WAY
City:
State/County:
Zip: 34236
Country: United States

Property Id: 100020096
Price: $2,495,000
Property Lot Size: 0 ft2
CoListAgentFullName: Anita Lambert
CoListAgentMlsId: 266504706
Co List Office Mls Id: 281519790
Co List Office Name: PREMIER SOTHEBY'S INTERNATIONAL REALTY
Contract Status Change Date: 2026-09-18
Cumulative Days On Market: 125
Current Use: Unimproved
Days On Market: 3
Direction Faces: 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
IDXParticipationYN: 1
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
ListingId: A4706492
ListingKeyNumeric: 811644940
ListingTerms: Cash, Conventional
LivingAreaUnits: Square Feet
LotFeatures: Buildable, City Lot, Level, Urban
LotSizeArea: 13350
LotSizeDimensions: 133.5 x 100
LotSizeSquareFeet: 13350
LotSizeUnits: Square Feet
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
STELLAR_AlternateKeyFolioNum: 2026060036
STELLAR_CalculatedListPriceByCalculatedSqFt: 186.89
STELLAR_CallCenterPhoneNumber: 800-746-9464
STELLAR_CensusTract: 1.03
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentAdjacentUse: Commercial
STELLAR_CurrentPrice: 2495000
STELLAR_FloodZoneCode: X
STELLAR_FloodZoneDate: 2024-03-27
STELLAR_FloodZonePanel: 12115C0133G
STELLAR_ListOfficeContactPreferred: 941-364-4000
STELLAR_ListOfficeHeadOfficeKeyNumeric: 537903989
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: New Listing
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: International MLS, Realtor.com, Zillow Rental, SkySlope Offers
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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$12,792.36
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 9,673.61

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