918 Orange Avenue, FL918 Orange Avenue, FL918 Orange Avenue, FL
Stellar MLS
1 / 21

$6,000,000

918 Orange Avenue

Sarasota, FL 34236

Listing updated: August 28, 2026 at 12:40 PM ET

Active
Stellar MLSListing courtesy of Compass Florida Llc · Sandra Osorio, PA · MLS #A4701380 · Active · 941-279-3630
0
Baths
0.85
Acres
$162/sqft360° tour
Land

Property type

37,026 sqft

Lot size

$162

Price / sq ft

No HOA

HOA dues

16

Days on market

X

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

Principal & interest$30,339
Property taxes$282
Home insurance (est.)$2,750

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

  1. Status: Active
    Aug 12, 2026
  2. Listed$6,000,000
    Aug 12, 2026
  3. 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 riskFEMA Zone XPanel 12115C0131G

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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