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918 Orange Avenue

SARASOTA, FL 34236
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SqFt37,026

Sqft(Lot)

Acres0.85

Acre(Lot)

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, hel ping 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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Detail Ic Property Details

Property Type : Land

Price : $6,000,000

AD Id : 89475165

MLS Id : MFRA4701380

Lot Size : 0.85 Acre(Lot)

Living Area Size : 37,026

County : Sarasota

Subdivision: Petroutsa Brothers Sub

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 183X201 Lot Description: Buildable Lot Square Feet: 37026 Lot Acres: 0.85 Lot Size (SqMt): 3440

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$6000000

  • Tax Information

    Tax Block: B Tax Book Number: 1-18 Tax Lot: 2 Tax Legal Description: LOT 2 BLK B PETROUTSA BROTHERS SUB Annual Tax: $3387 Tax Year: 2025 Parcel Number: 2026020035

  • Utility Information

    Electricity Available, Natural Gas Available, Sewer Available, Water Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: PETROUTSA BROTHERS SUB City: SARASOTA Direction: 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
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1923 5th Street, Sarasota, FL, 34236 $965,000 -- -- 10,500 0.24 Acre(Lot)
1930 Adams Lane, Sarasota, FL, 34236 $595,000 -- -- 5,000 0.11 Acre(Lot)
1703 Alta Vista Street, Sarasota, FL, 34236 $1,300,000 -- -- 8,800 0.20 Acre(Lot)
449 N Osprey Avenue, Sarasota, FL, 34236 $390,000 -- -- 5,042 0.12 Acre(Lot)
1744 10th Street, Sarasota, FL, 34236 $625,000 -- -- -- 0.16 Acre(Lot)
1744 10th Street, Sarasota, FL, 34236 $625,000 -- -- 6,800 0.16 Acre(Lot)
1744 10th Street, Sarasota, FL, 34236 $625,000 -- -- -- 0.16 Acre(Lot)
1721 8th Street, Sarasota, FL, 34236 $650,000 -- -- 9,200 0.21 Acre(Lot)
1625 4th Street, Sarasota, FL, 34236 $7,999,000 -- -- 62,146 1.42 Acres(Lot)
701 Cohen Way, Sarasota, FL, 34236 $2,899,000 -- -- 13,350 0.31 Acre(Lot)
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ByOwner last updated this listing 08/15/2026 @ 18:20

MLS: MFRMLS #A4701380 LISTED BY: Sandra Osorio, PA, COMPASS FLORIDA LLC 941-279-3630 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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