Commercial Sale · Multi Family (5+)
711 N ORANGE AVENUE, SARASOTA, FL, 34236
Active267 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
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)
Estimated payment
$19,121/mo
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 Arlinda to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
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
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
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.
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
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.
This population is characterized by the expression of gay pride, gender identity, and accepting alternative lifestyles.
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.
$1,600,000
1901 17TH STREET
Sold Aug 1, 2025
$3,000,000
1306 N ORANGE AVENUE N
Sold Dec 12, 2024
$59,400
1722 INDEPENDENCE BOULEVARD
Sold Feb 1, 2026
Your team
The pros in your corner
Your agent
Arlinda Gokyar
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 711 N ORANGE AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 711 N ORANGE AVENUE.
See it in person
Schedule a tour
Live availability from Arlinda's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
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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