711 ORANGE AVENUE

SARASOTA, FL 34236

Listing courtesy of WAGNER REALTY · MLS# A4671980

$3,899,000

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Proposed 18 unit Orange Ave & 7th St - Rosemary District, Sarasota, FL

Property Details

Building size

83,000 sq ft

Lot size

0.36 acres

Zoning

DTE

MLS#

A4671980

Listed

November 17, 2025

Description

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 60-90 days away from shovel ready.

Facts & Costs

Property type: Multi-Family 5+
Building size: 83,000 sq ft
Zoning: DTE
Road frontage: City Street
Year built: 1926
Lot size: 0.36 acres
Days on market: 318
Waterfront: No
Subdivision: HALLS SUB JAMES S
County: Sarasota
New construction: Yes
Flood zone: X

Monthly & yearly costs

Property taxes: $17,139 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Payment Estimate

$21,144 / month

Principal & interest: $19,715
Property taxes: $1,428
HOA: $0
Home insurance: enter below

Down payment (20%)$779,800Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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