Active

$6,000,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRA4701380
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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
Financial Considerations
Price:
$6,000,000
HOA Fee:
N/A
Tax Amount:
$3387
Price per SqFt:
$162.05
Tax Legal Description:
LOT 2 BLK B PETROUTSA BROTHERS SUB
Exterior Features
Lot Size:
37026
Lot Features:
Buildable
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    918 ORANGE AVE
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

img
  • Featured
  • Active

3901 181ST RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 220,000
avt
Daniel Dourado
$ 650,000
avt
Daniel Dourado
$ 240,000
avt
Daniel Dourado
$ 735,000
img
  • Featured
  • Active

418 S HYER AVE

  • 0
  • 0 m²
avt
Daniel Dourado
$ 200,000
img
  • Featured
  • Active

5230 PLACIDA RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 1,585,000
img
  • Featured
  • Active

1320 S GOODMAN RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 249,900
avt
Daniel Dourado
$ 395,000
avt
Daniel Dourado
$ 320,000
img
  • Featured
  • Active

3643 N ORANGE BLOSSOM TRL

  • 0
  • 0 m²
avt
Daniel Dourado
$ 300,000
img
  • Featured
  • Active

6496 N BERNZOTT PT

  • 0
  • 0 m²
avt
Daniel Dourado
$ 499,995
img
  • Featured
  • Active

2584 N OCEAN SHORE BLVD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 399,900