$3,899,000

711 Orange Avenue

Sarasota, FL 34236

Active
0
Baths
0.36
Acres
1926
Built
New construction$47/sqft

About this home

Pre-Construction. To be built. INVESTOR - DEVELOPER OPPORTUNITY in Rosemary District on Orange Ave! Three Lots permitted for five story, 18 unit condos. Orange Ave is a thriving corridor from Downtown to Rosemary with recently finished projects with this one to be a highlight to the street. Flanked by the Sarasota Military Academy to the North and Citrus Square to the South, this opportunity is positioned in a spectacular and convenient location. Distance to Main St - Downtown 0.4 miles Distance to Sarasota Airport (SRQ) 3.8 miles Distance to Ringling College 1.7 miles The prime benefit to buyer is “time”, team has worked for over a year and have APPROVED Civil Plans from City of Sarasota and development team is working on construction drawings to be submitted for approval, this project is 3-4 months away from shovel ready. Currently there are three rental homes on the parcels with month-to-month leases.

Estimated monthly payment

$22,931/mo

Principal & interest$19,715
Property taxes$1,428
Home insurance (est.)$1,787

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history175 days on market

  1. Status: Active
    May 14, 2026
  2. Listed$3,899,000
    Nov 17, 2025
  3. Price increased$3,899,000

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
175
Subdivision
Halls Sub James S
County
Sarasota
Year built
1926
Price/sq ft
$47
Building area
83,000 sq ft (Builder)
Lot size
15,610 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12115C0133G)
Annual taxes
$17,139 (2024)
Parcel #
2026060005
Zoning
DTE
MLS #
A4671980

Interior Details

New construction
Yes

Heating & Cooling

Cooling
Other

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Partnership

Exterior & Construction

Construction materials
Other
Foundation
Other
Road surface
Asphalt, Paved

Listing Details

Listing date
2025-11-12
On market date
2025-11-17
Original list price
$3,899,000
MLS area
34236 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2026-05-14
Tax legal description
LOT 1, 2 & 3 BLK A HALL SUB

Location

Flood zone
X(12115C0133G)

Directions

From 301/Washington Blvd - head West on Fruitville, turn Right on Orange Ave, project is 3 blocks up on Left. Corner of 7th & Orange. From 41/Tamiami Trl - head East on either Blvd of Arts or Fruitville, turn Left onto Orange Ave.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 14, 2026 at 8:41 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA