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$3,899,000
Est. payment /mo
83,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 83,000 sqft
Price per Sqft $46
Subdivision Halls Sub James S
MLS Listing ID A4671980
Construction Status Pre-Construction
HOA Y/N No
Year Built 1926
Annual Tax Amount $17,139
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Multi Family
Source Stellar MLS
Property 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 miles
Distance to Sarasota Airport (SRQ) 3.8 miles
Distance to Ringling College 1.7 miles
The 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.
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 miles
Distance to Sarasota Airport (SRQ) 3.8 miles
Distance to Ringling College 1.7 miles
The 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.
Location
State FL
County Sarasota
Community Halls Sub James S
Area 34236 - Sarasota
Zoning DTE
Interior
Cooling Other
Building
Foundation Other
Lot Size Range 1/4 to less than 1/2
Structure Type Other
New Construction true
Construction Status Pre-Construction
Others
Ownership Partnership
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Tim Mitten WAGNER REALTY
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