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$6,000,000

918 Orange Avenue Sarasota, FL 34236 Land - Residential Active

  • 918 Orange Avenue , Sarasota, FL 34236 Main Photo

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Description

Prime Multifamily Development Opportunity in Sarasota's Historic DistrictExceptional corner lot in the heart of Sarasota's sought-after Historic District, offering an outstanding opportunity for developers and investors. This premier location is just a short walk to vibrant Downtown Sarasota, where you'll find world-class dining, shopping, entertainment, art galleries, and the beautiful Sarasota Bay waterfront.Zoned for multifamily development with the potential for up to 24 residential units, this property is ideal for luxury townhomes, condominiums, or an upscale multifamily community in one of Sarasota's fastest-growing and most desirable neighborhoods.A major advantage is that all utilities are already on site, including water, sewer, electric, and other essential services, helping reduce development costs and streamline the building process.With its high-visibility corner location, walkable lifestyle, and strong demand for new residential housing, this property presents an exceptional investment opportunity with significant upside potential. Highlights:Prime corner lot in Sarasota's Historic DistrictWalking distance to Downtown SarasotaZoned Multifamily - Up to 24 UnitsExcellent opportunity for townhomes or condominiumsAll utilities on siteStrong growth area with high demand for new residential developmentOutstanding investment and redevelopment potentialOpportunities like this are increasingly rare. Contact us today for zoning details, site information, and development potential before this exceptional property is gone

Property Highlights

Property Type: Land - Residential
Lot Size: 0.85 Acres
Taxes: $3,387

General Information

County: Sarasota
Subdivision: PETROUTSA BROTHERS
Listed By:
Sandra Osorio, PA COMPASS FLORIDA LLC 941-279-3630

Property Features

Days on Site: 2
Directions: From 1000 N Washington Blvd, Sarasota, FL 1.-Head toward 10th St.39 ft2.-Turn right onto 10th St.0.5 mi3.-Turn left onto N Orange Ave. Destination will be on the left
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Buildable
Lot Dimensions: 0.85
Ownership: Fee Simple
Property Attached Y/N: No
Road Frontage: 250
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: DTE
$6,000,000
New to the Market Active
LOT SIZE 0.850 acres MLS#A4701380
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONPETROUTSA BROTHERS

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918 Orange Avenue , Sarasota, FL 34236.

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Estimated Payment

$ 22,269.24 per month $20,236.99 Principal & Interest $282.25 Property Tax $1,750.00 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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