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711 Orange Avenue
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PRICED AT ONLY: $3,899,000

Address: 711 Orange Avenue, SARASOTA, FL 34236

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 forapproval 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.

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  • MLS#: A4671980 ( Commercial Sale )
  • Street Address: 711 Orange Avenue
  • Viewed: 15
  • Price: $3,899,000
  • Price sqft: $47
  • Waterfront: No
  • Year Built: 1926
  • Bldg sqft: 83000
  • Days On Market: 76

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 forapproval 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Property Information
  • Property Condition: Pre-Construction
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Other
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: LOT 1, 2 & 3 BLK A HALL SUB
  • Area Major: 34236 - Sarasota
  • Parcel Number: 2026060005
  • Views: 15
  • Zoning Code: DTE
Nearby Subdivisions
Halls Sub James S   Orange One   Plat Of Sarasota Exhibit   Smiths E A Resub   Valencia Terrace Rev   Zahrada 2  
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