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$6,000,000
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Property Description
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.
Full Property Details
Full Property Details for 900 N Orange Ave
General
- Price: $6,000,000
- Taxes: $14,171 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: A4707968
- Updated: 9/30/2026
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Other, Solid Surface Counters
- Appliances: Disposal, Electric Water Heater
- Furnishings: Negotiable
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 23
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Other
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: PETROUTSA BROTHERS SUB
- Driving Directions: From Fruitville : 1.-North on Orange Ave, 2.-On right at corner of Orange Ave, and 9th Street.
Community
- Community Name: 34236 - Sarasota
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 6,838
- Sq. Ft. Source: Public Records
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,400
- Lot Size: 13400
- Lot Dimensions: 134 x 100
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $14,171
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 3 & 4 BLK B PETROUTSA BROTHERS SUB
- Flood Zone Info: X
- APN: 2026020048
- Property ID: 2026020048
- Block/Lot/Section: B
Listed by Compass Florida Llc
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Schools
Schools serving 900 N Orange Ave
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Alta Vista Elementary School, Sarasota, FL 1050 South Euclid Avenue, Sarasota, FL 34237 | PK-5 | 1.5 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.1 mi |
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 900 N Orange Ave
Date
Details
Price
Change
Source
9/30/2026
Listed
$6,000,000
1835.48%
MLS
9/09/2011
Sold
$310,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 900 N Orange Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,171
10%
$756,988
-9%
2024
$12,938
13%
$834,700
19%
2023
$11,421
12%
$701,800
15%
2022
$10,210
8%
$612,000
14%
2021
$9,455
—
$538,200
9%
2021
$9,455
18%
$495,000
16%
2019
$8,037
-4%
$427,300
3%
2018
$8,340
4%
$416,317
-12%
2017
$7,995
1%
$471,000
4%
2016
$7,925
8%
$451,000
44%
2015
$7,343
11%
$312,785
10%
2014
$6,630
10%
$284,350
10%
2013
$6,041
—
$258,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 900 N Orange Ave
900 N Orange Avenue, Sarasota, FL 34236 (MLS# A4707968) is a Duplex property with 23 bedrooms and 0 full bathrooms. 900 N Orange Avenue is currently listed for $6,000,000 and was received on September 30, 2026. Want to learn more about 900 N Orange Avenue? Do you have questions about finding other Duplex real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

