by Global Lifestyle Properties

Check Availability
$2,495,000
● Land - For Sale

701 COHEN WAY

SARASOTA, FL 34236
bedrooms
Studio
bathrooms
0 Bath
$13,433
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
57 days
Land Size
0.31 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,181
HOA Dues
-
Year Built
1926

Listed By

Frank Lambert
Frank Lambert
PREMIER SOTHEBYS INTL REALTY
Anita Lambert
PREMIER SOTHEBYS INTL REALTY

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Last updated: 2 months ago (Stellar MLS #A4706492)

Price History

Date / Event Date Event Price
Sep 17, 2026 Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY $2,495,000
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY
Mar 3, 2015 Sold
Sold
Apr 6, 2010 Sold
Sold

Property Highlights

With View
Exterior Details
Building Area Units: Square Feet
Lot Features: City Lot, Level, Buildable, Urban
Lot Size Area: 13350
Lot Size Units: Square Feet
Lot Size Acres: 0.31
Lot Size Square Feet: 13350
Lot Size Dimensions: 133.5 x 100
Tax Lot: 5
Water Source: Public
Financial Details
Tax Annual Amount: $14,176
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 15
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 13,350
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 4
  • Property Class: V
  • Subdivision: POS SUB OF LOT 12 BLK Y
  • Land Acres: 0000000307
  • Standard Land Use Code: 8002
  • County Land Use Code: 1000
  • State Land Use Code: 011
  • Legal Description 1: LOTS 5 & 6, SUB LOT 12, BLK Y, PLAT OF SARASOTA, BEING SAME LANDS AS DESC IN ORI 2014040833 & 2015024551

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000104

Zoning

  • Zoning: DTE

Geography

  • Assessors Map Reference: 11
  • Account Number: 2026060036
  • Subdivision Tract Number: 121
  • Parcel: 2026-06-0036
  • Block: Y
  • Lot: 5
  • Meridian: SEC 19 TWN 36S RNG 18E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3424
  • Longitude: -82.5419

    Address

  • Full Address: 701 Cohen Way
  • Address - House Number: 701
  • Address - Street Name: Cohen
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Sarasota
  • Zip Code: 34236

Valuation

    Tax

  • Total Area: 1,472
  • Tax Year: 2023
  • Tax Amount: $708,813
  • Tax Rate Code Area: 0200

    Market Valuation

  • Market Total Value: $465,200
  • Market Land Value: $465,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,200
  • Assessed Land Value: $465,200

    Sales

  • Current Sale Contract Date: Feb 27, 2015
  • Current Sale Recording Date: Mar 03, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015024551
  • Previous Sale Recording Date: Apr 06, 2010
  • Previous Sale Contract Date: Apr 01, 2010
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rosemary District


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Frequently Asked Questions

When was property at 701 Cohen Way built and last sold?
The property at 701 Cohen Way was built in 1926 and last sold on Feb 27, 2015 for $210,000.
How much is this home worth?
The estimated value of the home located at 701 Cohen Way is $2,519,950.
What are some comparable homes to 701 Cohen Way?
There are currently no comparable homes to 701 Cohen Way.