$6,000,000

918 ORANGE AVENUE, Sarasota, FL 34236

Land
Built in ——
0.85acre lot
—— car garage
$——/sqft
Listed 2 days ago

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

Listing Status:: Active
Date Added:: August 12, 2026
Data Last Updated:: August 14, 2026 at 7:21AM
Listing Office:: COMPASS FLORIDA LLC : 941-279-3630
Listing Agent:: Sandra Osorio, PA : 305-877-4453
Contact:: 941-279-3630
MLS ID:: A4701380

Road/Access: Paved
Originating MLS: Stellar MLS
County: Sarasota

Zoning: DTELOT 2 BLK B PETROUTSA BROTHERS SUB2026020035
Current Use: Residential

Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Sandra Osorio, PA , COMPASS FLORIDA LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.