918 Orange Avenue, SARASOTA, FL

$6,000,000

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0.85

Acres

About 918 Orange Avenue

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

Features of 918 Orange Avenue

MLS® # A4701380
Price $6,000,000
Acres 0.85
Type Land
Sub-Type Land
Status Active

Community Information

Address 918 Orange Avenue
Area Sarasota
Subdivision PETROUTSA BROTHERS SUB
City SARASOTA
County Sarasota
State FL
Zip Code 34236

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Buildable

Additional Information

Date Listed August 12th, 2026
Days on Market 21
Zoning DTE
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOMPASS FLORIDA LLC

Listing Map

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