711 N ORANGE AVENUE Sarasota, FL 34236

Building Details

Year Built

1926

Listing agency WAGNER REALTY t***@gmail.com Show Phone

Listed by TIM MITTEN · License #3328334

Source Corcoran

Added: Nov 17, 2025 Updated: Jul 6 at 10:16AM Checked: Jul 21 at 4:57AM

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Investment Insights

Based on property information with market context.

This investor-developer opportunity is located in the Rosemary District on Orange Avenue. The property consists of three lots permitted for a five-story, 18-unit condominium development. Orange Avenue is described as a thriving corridor from Downtown to Rosemary, with recently completed projects. The property is flanked by the Sarasota Military Academy to the North and Citrus Square to the South, offering a convenient location. It is located 0.4 miles from Main Street Downtown, 3.8 miles from Sarasota Airport (SRQ), and 1.7 miles from Ringling College. Approved civil plans from the City of Sarasota are in place, and the development team is working on construction drawings, with submission for approval anticipated in December-January. The project is described as being 3-4 months away from being shovel ready. Currently, there are three rental homes on the parcels with month-to-month leases.

Key Highlights

• Permitted for five‑story, 18‑unit condos in the Rosemary District
• Approved civil plans from the City of Sarasota, saving significant time and pre‑development costs
• Project is 3‑4 months away from being shovel ready

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FAQs

What type of property is this?

Commercial land - Permitted for 18-unit condos in the Rosemary District.

Where is this commercial land located?

The property is located at 711 N ORANGE AVENUE 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: Permitted for five‑story, 18‑unit condos in the Rosemary District; Approved civil plans from the City of Sarasota, saving significant time and pre‑development costs; Project is 3‑4 months away from being shovel ready