918 ORANGE AVENUE, SARASOTA, FL, 34236
Active1 days on marketListed Aug 12, 2026MLS #A4701380
About this home
918 ORANGE AVENUE
Prime Multifamily Development Opportunity in Sarasota's Historic District Exceptional corner lot in the heart of Sarasota's sought-after Historic District, offering an outstanding opportunity for developers and investors. This premier location is just a short walk to vibrant Downtown Sarasota, where you'll find world-class dining, shopping, entertainment, art galleries, and the beautiful Sarasota Bay waterfront. Zoned for multifamily development with the potential for up to 24 residential units, this property is ideal for luxury townhomes, condominiums, or an upscale multifamily community in one of Sarasota's fastest-growing and most desirable neighborhoods. A major advantage is that all utilities are already on site, including water, sewer, electric, and other essential services, helping reduce development costs and streamline the building process. With its high-visibility corner location, walkable lifestyle, and strong demand for new residential housing, this property presents an exceptional investment opportunity with significant upside potential. Highlights: Prime corner lot in Sarasota's Historic District Walking distance to Downtown Sarasota Zoned Multifamily – Up to 24 Units Excellent opportunity for townhomes or condominiums All utilities on site Strong growth area with high demand for new residential development Outstanding investment and redevelopment potential Opportunities like this are increasingly rare. Contact us today for zoning details, site information, and development potential before this exceptional property is gone
Facts & features
The home at a glance
0.85 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$35,068 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$35,068/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
Where it sits
Inside Bay Point Park
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Bay Point Park — neighborhood snapshot
Population
266
Median age
65
Median income
$139,659
Median home value
$1,145,800
Avg household
2
Households w/ children
17%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 658% above the SARASOTA 34236 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 918 ORANGE AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$620,000
1958 BOUGAINVILLEA STREET
2 bd · 1 ba · 952 sqft · $651/sqft · 382 DOM
Sold · Aug ’26$237,500
2155 WEBBER STREET
2 bd · 1 ba · 970 sqft · $245/sqft · 50 DOM
Sold · May ’26$375,000
2227 GROVE STREET
2 bd · 2 ba · 1,002 sqft · $374/sqft · 3 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Guadalupe Hernandez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 918 ORANGE AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 918 ORANGE AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Guadalupe's phone and CRM.
Straight answers
918 ORANGE AVENUE FAQs
What would the monthly payment be for 918 ORANGE AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $35,068/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 918 ORANGE AVENUE?+
The most recent tax bill on record (2025) was $3,387. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sarasota?+
At $6,000,000, this home is listed about 973% above the Sarasota median of $559,000. The market section on this page shows how the area is trending.
Which schools are assigned to 918 ORANGE AVENUE?+
Sarasota High School (high), Southside Elementary School (elementary), Brookside Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$6,000,000 runs 658% above the SARASOTA 34236 median.
02Fresh on the market
Only 1 day on market in a Sarasota market that averages 64 — if it fits, move quickly.
03Strong assigned schools
Sarasota High School, Southside Elementary School, Brookside Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of COMPASS FLORIDA LLC · Sandra Osorio, PA. MLS #A4701380.
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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