NyeMosher Schwartz, PA
LOT SIZE 0.850 acres
MLS#A4701380
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONPETROUTSA BROTHERS
Property Description
Prime Multifamily Development Opportunity in Sarasota's Historic DistrictExceptional 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 DistrictWalking distance to Downtown SarasotaZoned Multifamily - Up to 24 UnitsExcellent opportunity for townhomes or condominiumsAll utilities on siteStrong growth area with high demand for new residential developmentOutstanding investment and redevelopment potentialOpportunities like this are increasingly rare. Contact us today for zoning details, site information, and development potential before this exceptional property is gone
Property Features
Property Type: Land - Residential
Lot Size: 0.85 Acres
Taxes: $3,387
Feature Descriptions
Days on Site: 1
Directions: From 1000 N Washington Blvd, Sarasota, FL 1.-Head toward 10th St.39 ft2.-Turn right onto 10th St.0.5 mi3.-Turn left onto N Orange Ave. Destination will be on the left
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Buildable
Lot Dimensions: 0.85
Ownership: Fee Simple
Property Attached Y/N: No
Road Frontage: 250
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: DTE
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 941-279-3630
Shown By
Agent Name: Nye Mosher Schwartz, PA
Agent Phone: Cell: (954) 701-3346
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 15,385.65 per month $13,353.40 Principal & Interest $282.25 Property Tax $1,750.00 Homeowner's InsuranceChange Payment Information
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918 Orange Avenue | MLS# A4701380
This land located at 918 Orange Avenue , Sarasota, FL 34236 is currently listed for sale with an asking price of $6,000,000. The property has approximately 0.85 Acres. Search Sarasota real estate on www.nyesellshomes.com today.