


$6,000,000
918 Orange Avenue
Sarasota, FL 34236
Listing updated: August 28, 2026 at 12:40 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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
Estimated monthly payment
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 history16 days on market
- Status: ActiveAug 12, 2026
- Listed$6,000,000Aug 12, 2026
- Price increased$6,000,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 16
- Subdivision
- Petroutsa Brothers Sub
- County
- Sarasota
- Price/sq ft
- $162
- Lot size
- 37,026 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X (12115C0131G)
- Annual taxes
- $3,387 (2025)
- Parcel #
- 2026020035
- Zoning
- DTE
- MLS #
- A4701380
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Interior Details
- Direction faces
- West
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Natural Gas Available, Sewer Available, Water Available
Listing Details
- Listing date
- 2026-08-12
- On market date
- 2026-08-12
- Original list price
- $6,000,000
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-08-12
- Tax legal description
- LOT 2 BLK B PETROUTSA BROTHERS SUB
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
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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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 August 28, 2026 at 12:40 PM 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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