Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    711 N Orange Ave Sarasota, FL 34236

    For Sale
    $3,899,000

    Multi Family - SARASOTA, FL

    Type:Single Family Attached
    Property size:
    83,000 SF
    Lot size:
    0.36 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 8 at 8:06 pm

    Property Features for 711 N Orange Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Property condition
    New Construction
    Standard status
    Active
    Zoning
    DTE
    APN
    2026060005
    Size
    83,000 SF
    Lot size
    0.36 Acres

    Building Details

    Year built
    1926
    Architectural style
    Other

    Wagner Realty (941) 727-2800 [email protected]

    Listing agent Tim Mitten (941) 955-1500 License #3328334

    Listing date Nov 17, 2025

    MLS# A4671980 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity in Rosemary District

    This pre-construction opportunity is located in the Rosemary District on Orange Avenue in Sarasota, Florida. The property consists of three lots permitted for the construction of a five-story, 18-unit condominium building. Orange Avenue is described as a thriving corridor between Downtown and Rosemary, with this project intended to be a highlight of the street. The location is conveniently situated near the Sarasota Military Academy to the North and Citrus Square to the South. The site is 0.4 miles from Main Street Downtown, 3.8 miles from Sarasota Airport (SRQ), and 1.7 miles from Ringling College. The property is approximately 0.36 acres. Approved civil plans from the City of Sarasota are already in place, and the development team is working on construction drawings, with submission for approval anticipated in December-January, positioning the project approximately 3-4 months away from being shovel ready. Currently, there are three rental homes on the parcels with month-to-month leases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Daycare Center Clothing Store Law Firm Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.538871
    Latitude
    27.342442

    Nearby Similar for Sale

    • $3,800,000
      8,165 SF

      Downtown Sarasota Mixed-Use Building

      Three-story mixed-use building in downtown Sarasota with penthouse residence.
      1345 2Nd St, Sarasota, FL 34236
      View Details
    • $2,480,000
      4,435 SF

      Siesta Key Income Property

      Fully leased 6-unit property near Siesta Key Beach.
      1761 Siesta Dr, Sarasota, FL 34239
      View Details
    • $6,249,000
      7,934 SF

      Equestrian Estate on 20 Acres

      Sarasota equestrian estate with barns, multiple residences, and equestrian facilities.
      8200 Ibis St, Sarasota, FL 34241
      View Details
    • $875,000
      Pending

      Sarasota Quadruplex Investment Opportunity

      Turnkey four-unit property in Sarasota's Pinecraft neighborhood.
      3504 Estrada St, Sarasota, FL 34239
      View Details
    • New
      $600,000
      Pending

      Unique Triplex in Laurel Park

      Triplex in Laurel Park neighborhood, close to downtown and Sarasota Bay.
      1825 Hawkins Ct, Sarasota, FL 34236
      View Details
    • $3,790,800
      12,060 SF

      Sarasota Industrial Acre Near Downtown

      12,060 SF industrial building on 0.98 acres near downtown.
      2015 N Washington Blvd, Sarasota, FL 34234
      View Details

    FAQs

    What type of property is this?
    Commercial land - Permitted for 18-unit condos in a thriving location.
    Where is this commercial land located?
    The property is located at 711 N Orange Ave Sarasota, FL.
    What is the asking price?
    The asking price for this property is $3,899,000.
    What are key features of this property?
    This property features: - Approved civil plans and near shovel-ready status (3-4 months) significantly reduces development time.; - Prime Rosemary District location on Orange Ave, a thriving corridor between Downtown and Rosemary.; - Permitted for an 18-unit, five-story condo development.
    (941) 955-1500
    Request Owner's contact information
    711 N Orange Ave Sarasota, FL 34236
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    711 N Orange Ave
    Sarasota, FL 34236
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    711 N Orange Ave Sarasota, FL 34236
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.