CENTURY 21 Edge
✦ Multi Family (5+)

Commercial Sale · Multi Family (5+)

$3,899,00083,000 sq ft$47 /sq ft0.36 acres

711 N ORANGE AVENUE, SARASOTA, FL, 34236

Active317 days on marketListed Nov 17, 2025MLS #A4671980

About this property

The property at a glance

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, this project is 60-90 days away from shovel ready.

83,000

Building sq ft

$47

Price / sq ft

0.36

Lot acres

1926

Year built

3

Buildings

DTE

Zoning

Multi Family (5+)

Property type

Building size83,000 sq ft
Lot size0.36 acres
Year built1926
Buildings3
ZoningDTE
ConstructionOther
CoolingOther
Annual taxes$17,139

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $974,750
Interest rate6.00%
Loan term

Estimated payment

$19,121/mo

Principal & interest$17,532
Property taxes (actual bill)$1,428
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Tyler to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

12,400vehicles / day · 2025Sr 45 Us 41 N to Orange Ave · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Sarasota County Fire Department Station 1fire station0.2 mi
Sarasota Police Department Substationpolice0.2 mi
The Sarasota Collection Home StoreRetail0.2 mi
Boo's Ice House & Dog Bardog park0.3 mi
Sarasota City Halltown hall0.3 mi
Gillespie ParkPark0.3 mi
Beauty of SproutsRestaurant0.3 mi
Rosemary Cemeterygraveyard0.3 mi
Gator ClubRestaurant0.4 mi
Whole Foods Marketsupermarket0.4 mi
1592 Wood Fired Kitchen and CocktailsRestaurant0.4 mi
Sarasota City AWWTFwastewater plant0.4 mi
Bevardi’s Salute !Restaurant0.4 mi
BocaRestaurant0.4 mi
Pho CaliRestaurant0.4 mi
Wink Wink Food and DrinkRestaurant0.4 mi
Selby Public Librarylibrary0.4 mi
LilaRestaurant0.4 mi
The Sarasota Modern, a tribute Portfolio Hotelhotel0.4 mi
Oaklands-Woodlawn Cemeterygraveyard0.4 mi
Hotel Indigo Sarasotahotel0.5 mi
Wells Fargobank0.5 mi
ChaseBank0.5 mi
ofKors Bakeryrestaurant0.5 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

2,672

Population

$81,939

Median income

67

Median age

2

Avg household

$508,987

Median home value

$1,474/mo

Median rent

114

Households w/ kids

Consumer profile

Film LoversTop 4%

Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.

Live & Local MusicTop 4%

This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.

Artistic AppreciationTop 5%

Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.

NetworkingTop 7%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

LGBTQ CultureTop 8%

This population is characterized by the expression of gay pride, gender identity, and accepting alternative lifestyles.

Dance DevotionTop 8%

Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.

Recent sales

What actually sold near 711 N ORANGE AVENUE

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1901 17TH STREET

$1,600,000

1901 17TH STREET

Sold Aug 1, 2025

1306 N ORANGE AVENUE N

$3,000,000

1306 N ORANGE AVENUE N

Sold Dec 12, 2024

1722 INDEPENDENCE BOULEVARD

$59,400

1722 INDEPENDENCE BOULEVARD

Sold Feb 1, 2026

Your team

The pros in your corner

Tyler Stoddard

Your agent

Tyler Stoddard

REALTOR · CENTURY 21 Edge

Tours, offers, and every question about 711 N ORANGE AVENUE — start here.

CallText
tyler.stoddard@c21edge.com
Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 711 N ORANGE AVENUE.

Get in touchCall
aacosta@prmg.net

See it in person

Schedule a tour

Live availability from Tyler's calendar — pick a time and it's booked.

Keep looking

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2160 GULF GATE DRIVE

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2160 GULF GATE DRIVE, SARASOTA

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1345 2ND STREET

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1345 2ND STREET, SARASOTA

Mixed Use · 8,165 sqft

Listing courtesy of WAGNER REALTY · Tim Mitten. MLS #A4671980.

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

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