918 ORANGE AVE, Sarasota, FL 34236
918 ORANGE AVE, Sarasota, FL 34236
918 ORANGE AVE, Sarasota, FL 34236
918 ORANGE AVE, Sarasota, FL 34236
918 ORANGE AVE, Sarasota, FL 34236
918 ORANGE AVE, Sarasota, FL 34236

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
$ 6,000,000
Est. payment | /mo

0.85 Acres Lot


$ 6,000,000
Est. payment | /mo

0.85 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Petroutsa Brothers Sub

MLS Listing ID A4701380

HOA Y/N No

Annual Tax Amount $3,387

Lot Size 0.850 Acres

Acres 0.85

Lot Dimensions 183X201

Property Sub-Type Residential

Source Stellar MLS

Property Description

Prime Multifamily Development Opportunity in Sarasota's Historic District

Exceptional 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 District
Walking distance to Downtown Sarasota
Zoned Multifamily – Up to 24 Units
Excellent opportunity for townhomes or condominiums
All utilities on site
Strong growth area with high demand for new residential development
Outstanding investment and redevelopment potential
Opportunities like this are increasingly rare. Contact us today for zoning details, site information, and development potential before this exceptional property is gone

Location

State FL

County Sarasota

Community Petroutsa Brothers Sub

Area 34236 - Sarasota

Zoning DTE

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

Water Access No

Exposure West

Building

Lot Description Buildable

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4701380

Stellar MLS
Listed by Sandra Osorio, PA COMPASS FLORIDA LLC

NEARBY SCHOOLS & PROPERTIES

Round Table Realty

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

 

+1(904) 469-7653

admin@roundtablerealty.com

1637 Racetrack Rd, Jacksonville, FL 32259

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918 ORANGE AVE