$699,875
$99K PRICE DROP

555 N Orange Ave Unit 307 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated payment $4,921/month

Total Views 3,308
2 Beds
2 Baths
1,080 Sq Ft
$648 Price per Sq Ft

Highlights

  • Property is near a marina
  • Custom Home
  • City View
  • Booker High School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

One or more photo(s) has been virtually staged. Welcome to Citrus Residences, a boutique 12-unit condominium with ground-floor retail, perfectly located in the heart of downtown Sarasota. Developed by Mark Pierce of Pierce Contracting and completed in 2021, this mixed-use building is one of the final additions to North Orange Avenue—nestled between Boulevard of the Arts and the original Citrus Square. Designed with a New Urbanist approach focused on sustainability, low density, and walkability, Citrus Residences brings a European-style architectural presence to Sarasota’s evolving skyline.

Constructed with solid concrete block and hurricane-impact windows and doors, this residence blends style with strength. Inside, you'll find 10-foot ceilings, solid core doors, ultra-quiet sound abatement, crown molding, high baseboards, and premium finishes. The kitchen includes Samsung stainless appliances, a convection double oven (that also doubles as an air fryer!), built-in microwave, push-button disposal, silestone countertops, and soft-close wood cabinetry. An east-facing 21x 5 balcony (105 total square feet of outdoor space) offers beautiful sunrises, with a retractable awning for use in any weather—accessible from both the living room and primary suite. The laundry closet holds a stacked Samsung washer/dryer, AC handler, and water heater—all new in 2021.

The primary ensuite features dual sinks, ample counter space, and a custom California Closet. The guest bedroom includes floor-to-ceiling built-ins, integrated lighting, and a second California Closet system—showcasing thoughtful, space-saving design.

One of the most compelling features of this home is its exceptionally low maintenance fees—just $1,750 per quarter—an unmatched value in downtown Sarasota’s 34236 ZIP code. While similar properties carry significantly higher costs, Citrus Residences offers quality construction and amenities without the hefty dues. With no CDD fees, not in a flood zone, and a well-managed budget with strong reserves, this residence offers low-cost ownership in one of the city's most desirable locations.

Additional features include a gated entry, assigned carport (#307), guest parking, and a central courtyard perfect for relaxing or entertaining. Pet-friendly, the community allows two large dogs or cats per owner. A flexible rental policy—1-month minimum, up to 12 times per year—makes this a great option for seasonal, interim, or investment use. TWO pets allowed per unit up to 25 pounds each. There are solar panels on top of the covered carport area so in this building, each unit has one solar powered outlet; in case of outage you have a source to power phones a fan or anything that uses a 15v amp!

Set steps away from Sarasota’s best: Ocean Prime, Sage, Rose and Ivy, Sugar Champagne Bar, Station 400, and Bijou Cafe, with the Sarasota Opera, Van Wezel, and Ringling Bridge nearby. Everything downtown has to offer—arts, dining, waterfront living—is right outside your door.

When classic design meets modern efficiency in a walkable, vibrant downtown setting, the result is Citrus Residences. With low costs, prime location, and superior construction, this is truly a rare downtown find—the unicorn of Sarasota condos.

NO assessments coming! BUDGET well reserved (see attachments).

Listing Agent

Shayla Twit

CORCORAN DWELLINGS REALTY Brokerage Phone: 941-200-4663 License #3025227 Listed on: 05/07/2025

CORCORAN DWELLINGS REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,296

Year Built

  • Built in 2021

Lot Details

  • West Facing Home
  • Landscaped

HOA Fees

  • $583 Monthly HOA Fees

Home Design

  • Custom Home
  • Elevated Home
  • Block Foundation
  • Slab Foundation
  • Membrane Roofing
  • Cement Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,080 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Built-In Desk
  • Shelving
  • Crown Molding
  • Ceiling Fan
  • Awning
  • Blinds
  • French Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • City Views

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Built-In Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Single Vanity
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Property is near a marina
  • Courtyard
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, management, pest control, private road, security
  • Donnie Melody Association, Phone Number (941) 378-1777
  • Built by Pierce Contracting
  • Rosemary Park Community
  • Citrus Residences Ph I Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Amenities

  • Elevator
  • Community Mailbox

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Gated Community
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,296

Year Built

Built in 2021

Lot Details

0

HOA Fees

$583 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Management, Pest Control, Private Road, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom, Elevated
  • Construction Materials: Block, Cement Siding, Stucco
  • Fireplace: No
  • Living Area: 1080
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2021
  • Building Area Total: 1080
  • Lot Size Sq Ft: 6840
  • Directions to Property: From Fruitville going Westbound turn Right going North onto Orange Ave, make your second left onto Blvd of the Arts and make an immediate Lefthand turn down the Citrus Residences corridor. PASS the first gate and you'll access the private area via the SECOND (South) gate - closer to FOURTH STREET. GUEST parking is outside of the gated area on the gravel road opposite the gate (DESIGNATED strictly for Citrus Residences and guests), as there is no guest parking inside of the gated area. Once through the gate turn LEFT and park at the carport labeled #307 for this unit. Take either stairs or elevator to the 3rd floor.
  • Status: Active
  • Street Direction: N
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1047758
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 648.03
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: Elevated
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-200-4663
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block, Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 4
  • Window Features: Blinds, Storm Window(s), Window Treatments
  • Street Number Modifier: 555
  • Additional Rooms: Inside Utility
  • Living Area Meters: 100.34
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Exterior Features: Awning(s), Courtyard, French Doors, Lighting
  • Roof: Membrane
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Gated Community - No Guard
  • Association Amenities: Elevator(s), Gated, Maintenance
  • Association Fee Frequency: Quarterly
  • Association Name: Donnie Melody
  • Phone: 941-378-1777
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Owner are only allowed pets. 2 pets are allowed per unit. No pet over 25lbs.
  • Association Fee Requirement: None
  • Building Name Number: CITRUS RESIDENCES
  • Condo Fees: 1750
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Citrusresidencesinc@gmail.com
  • Monthly Condo Fee Amount: 583
  • Pet Size: Small (16-35 Lbs.)
  • Management: On Site Property Manager

Fee Information

  • Total Annual Fees: 7000.00
  • Total Monthly Fees: 583.33

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTE
  • Parcel Number: 2026116008
  • Additional Parcels: No
  • Lot Features: City Limits, Landscaped, Near Marina, Private, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 635

Green Features

  • Efficiency: Insulation, Windows
  • Green Verification Count: 0

Building Info

  • Builder Name: Pierce Contracting

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: SEE HOA rules

Tax Info

  • Tax Annual Amount: 6296
  • Tax Block: 1
  • Tax Lot: 208

Multi Family

  • Approval Process: see HOA rules

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,371 $471,570 -- --
2023 $6,371 $457,835 $0 $0
2022 $6,200 $444,500 $0 $444,500
2021 $0 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $699,875 -7.8% $648 / Sq Ft
06/10/2025 06/10/25 Price Changed $759,000 -5.0% $703 / Sq Ft
05/07/2025 05/07/25 For Sale $799,000 +54.7% $740 / Sq Ft
10/29/2021 10/29/21 Sold $516,446 -0.5% $478 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $519,000 -- $481 / Sq Ft
Source: Stellar MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $390,000 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: A4651302

Stellar MLS

APN: 2026-11-6008

Florida Sarasota County Sarasota 34236 Downtown Sarasota

555 N Orange Ave Unit 307, Sarasota, FL

This home is located at 555 N Orange Ave Unit 307, Sarasota, FL 34236 and is currently priced at $699,875, approximately $648 per square foot. This property was built in 2021. 555 N Orange Ave Unit 307 is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Shayla Twit
Listing Agent
Shayla Twit
Section Image
CORCORAN DWELLINGS REALTY
(941) 335-5905