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$3,899,000

711 N Orange Avenue Sarasota, FL 34236 Commercial - Multiple Active

  • 711 N Orange Avenue, Sarasota, FL 34236 Main Photo

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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 milesDistance to Sarasota Airport (SRQ) 3.8 milesDistance to Ringling College 1.7 milesThe 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 in Dec-Jan, this project is 3-4 months away from shovel ready.Currently there are three rental homes on the parcels with month-to-month leases.

Property Highlights

Property Type: Commercial - Multiple
Cooling: Other
Lot Size: 0.36 Acres
Taxes: $17,139
Year Built: 1926

General Information

County: Sarasota
Subdivision: HALLS
MLS ID:

Property Features

Days on Site: 105
Directions: From 301/Washington Blvd - head West on Fruitville, turn Right on Orange Ave, project is 3 blocks up on Left. Corner of 7th & Orange.From 41/Tamiami Trl - head East on either Blvd of Arts or Fruitville, turn Left onto Orange Ave.
Flood Zone Code: X
Foundation: Other
Home Warranty Y/N: No
Lot Dimensions: 0.36
Ownership: Partnership
Property Attached Y/N: No
Property Sub-Type: Multi Family
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Water Access Y/N: No
Zoning: DTE
$3,899,000
Featured Listing Active
BEDS0 BATHS SQUARE FEET83,000 MLS#A4671980
STATUSActive PROPERTY TYPECommercial - Multiple SUBDIVISIONHALLS

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711 N Orange Avenue, Sarasota, FL 34236.

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Florida/Sarasota
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Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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