900 N Orange Avenue, SARASOTA, FL

$6,000,000

Previous Next

23

Beds

12

Baths

6,838

Square feet

0.31

Acres

About 900 N Orange Avenue

PRIME MULTIFAMILY DEVELOPMENT OPPORTUNITY IN SARASOTA’S HISTORIC DISTRICT | RESTORATION ZONE Discover a rare multifamily development opportunity in Downtown Sarasota’s Historic District, ideally positioned on a highly visible corner lot within a designated Sarasota Restoration Zone. Located just minutes from the heart of Downtown Sarasota, this property offers developers, builders, and investors the opportunity to create new construction condominiums, luxury townhomes, or a boutique multifamily residential development in one of Sarasota’s most sought-after and rapidly evolving areas. Zoned for multifamily development with potential for up to 24 residential units, this site offers exceptional flexibility for a variety of residential development concepts. The property is particularly well suited for condos, luxury townhomes, multifamily residences, or an upscale urban residential community designed to take advantage of Sarasota’s continued growth and strong demand for new housing. One of the property’s major advantages is that utilities are already on site, including water, sewer, electric, and other essential services, potentially helping reduce infrastructure costs and simplify the development process. The location provides an exceptional walkable Downtown Sarasota lifestyle, with convenient access to restaurants, cafés, shopping, entertainment, cultural attractions, art galleries, theaters, Sarasota Bay, and the vibrant downtown district. Sarasota continues to experience significant residential growth, with new construction and redevelopment transforming the surrounding area and creating increased demand for well-located multifamily housing. PROPERTY HIGHLIGHTS: Prime corner lot in Sarasota’s Historic District Located within a Sarasota Restoration Zone, Multifamily zoning, Potential for up to 24 residential units, Ideal for condominium development or luxury townhomes, Excellent opportunity for multifamily redevelopment, Water, sewer, electric and utilities already on site, Walkable to Downtown Sarasota, Close to restaurants, shopping, entertainment, arts and Sarasota Bay, Surrounded by ongoing new construction and redevelopment, Strong demand for new residential housing, High-visibility corner location, Excellent opportunity for developers, builders and investors, Potential for significant redevelopment and investment upside A rare Sarasota development opportunity in a highly desirable location. With multifamily zoning, Restoration Zone designation, utilities already on site, and the ability to potentially develop up to 24 residential units, this property offers a compelling opportunity to participate in the continued transformation and growth of Downtown Sarasota and the surrounding Historic District. Contact us today for zoning information, development details, site information, and to explore the potential of this exceptional Sarasota multifamily development site.

Features of 900 N Orange Avenue

MLS® # A4707968
Price $6,000,000
Bedrooms 23
Bathrooms 12.00
Square Footage 6,838
Acres 0.31
Year Built 1972
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 900 N Orange Avenue
Area Sarasota
Subdivision PETROUTSA BROTHERS SUB
City SARASOTA
County Sarasota
State FL
Zip Code 34236-4179
Housing for Seniors No

Amenities

Parking Other
# of Garages 3
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Other, Solid Surface Counters
Appliances Disposal, Electric Water Heater
Heating Central
Cooling Central Air
Fireplace No

Exterior

Exterior Features Other
Roof Shingle
Foundation Other

Additional Information

Date Listed September 30th, 2026
Days on Market 13
Zoning DTE
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSandra Osorio, Pa
OfficeCOMPASS FLORIDA LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?