918 ORANGE AVENUE Sarasota, FL $ 6,000,000
918 ORANGE AVENUE
$ 6,000,000
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918 ORANGE AVENUE

Sarasota, FL, 34236
$ 6,000,000
Baths0.0

Monthly Estimate*

$ 37,885

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Studio

Lots and Land for sale in Sarasota, FL

for $6,000,000. The lot size is 0.85.

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

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Lots and Land Active

Price

$ 6,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,387

Style

Lot Size

0.85

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4701380

Features
General
Sewer Public Sewer
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Zoning DTE
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Additional Parcels Description 2026 02 0048 2026 02 00502026 02 0033
County Sarasota
Property Type Land
Subdivision Name PETROUTSA BROTHERS SUB
Facing Direction West
Status Active
Directions From 1000 N Washington Blvd Sarasota FL 1.-Head toward 10th St.39 ft 2.-Turn right onto 10th St.0.5 mi 3.-Turn left onto N Orange Ave. Destination will be on the left
City SARASOTA
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 37026
Listing Terms Cash Conventional
Tax Annual Amount 3387
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4701380
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 2
Legal Description LOT 2 BLK B PETROUTSA BROTHERS SUB
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Total Baths 0
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Exterior
Lot Features Buildable
Water Source Public
Lot Size Area 37026
Lot Dimensions 183 x 201
Lot Size Acres 0.85
Road Surface Type Paved
Waterfront Y/N false
Number of Lots 5
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* Excluded Features
List By
Compass Florida Llc

Broker

sandra.osorio@compass.com

Email

Affordability Calculator

$38,167
Per Month
99%
1%
0%
Monthly Principal & Interest
$37,885
Monthly Property Taxes
$282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$6,000,000 Listed Price

Map


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918 ORANGE AVENUE, Sarasota, FL, 34236 is a Lots and Land for sale at $6,000,000 with a lot size of 0.85. 918 ORANGE AVENUE is a studio with 0.0 baths. The property's zip code is 34236 which is in Sarasota, FL