918 N Orange Ave Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated payment $33,196/month
About This Lot
Prime Multifamily Development Opportunity in Sarasota's Historic District
Exceptional corner lot in the heart of Sarasota's sought-after Historic District, offering an outstanding opportunity for developers and investors. This premier location is just a short walk to vibrant Downtown Sarasota, where you'll find world-class dining, shopping, entertainment, art galleries, and the beautiful Sarasota Bay waterfront.
Zoned for multifamily development with the potential for up to 24 residential units, this property is ideal for luxury townhomes, condominiums, or an upscale multifamily community in one of Sarasota's fastest-growing and most desirable neighborhoods.
A major advantage is that all utilities are already on site, including water, sewer, electric, and other essential services, helping reduce development costs and streamline the building process.
With its high-visibility corner location, walkable lifestyle, and strong demand for new residential housing, this property presents an exceptional investment opportunity with significant upside potential.
Highlights:
Prime corner lot in Sarasota's Historic District
Walking distance to Downtown Sarasota
Zoned Multifamily – Up to 24 Units
Excellent opportunity for townhomes or condominiums
All utilities on site
Strong growth area with high demand for new residential development
Outstanding investment and redevelopment potential
Opportunities like this are increasingly rare. Contact us today for zoning details, site information, and development potential before this exceptional property is gone
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: 941-279-3630 License #3106942 Listed on: 08/12/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,387
Lot Details
- 37,026 Sq Ft Lot
- Lot Dimensions are 183x201
- West Facing Home
- 5 Lots in the community
- Additional Parcels
- Property is zoned DTE
Community Details
- No Home Owners Association
- Petroutsa Brothers Sub Community
- Petroutsa Brothers Sub Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / B
- Assessor Parcel Number 2026020035
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,387 | $156,703 | ||
| 2024 | $2,451 | $142,457 | ||
| 2023 | $2,451 | $213,000 | $213,000 | $0 |
| 2022 | $2,323 | $204,500 | $204,500 | $0 |
| 2021 | $1,910 | $139,200 | $139,200 | $0 |
| 2020 | $1,585 | $97,300 | $97,300 | $0 |
| 2019 | $1,588 | $101,700 | $101,700 | $0 |
| 2018 | $1,844 | $148,400 | $148,400 | $0 |
| 2017 | $1,684 | $78,263 | $0 | $0 |
| 2016 | $1,530 | $115,500 | $115,500 | $0 |
| 2015 | $1,396 | $100,500 | $100,500 | $0 |
| 2014 | $1,027 | $57,750 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2026 08/12/26 | For Sale | $6,000,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $89,000 | Attorney | |
| Warranty Deed | $12,000 | -- |
Source: Stellar MLS
MLS Number: A4701380
APN: 2026-02-0035
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.