Carmen Sandoval

918 ORANGE AVENUE, SARASOTA, FL, 34236

Active1 days on marketListed Aug 12, 2026MLS #A4701380

PETROUTSA BROTHERS SUB

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

FacesWest

Community & fees

Taxes (2025)$3,387/yr

Utilities & systems

UtilitiesElectricity Available · Natural Gas Available · Sewer Available · Water Available
WaterPublic

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%

Principal & interest$32,376
PMI (est., until 20% equity)$2,250
Property tax — 2025 actual bill$282
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $600,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $600,000
Interest rate6.00%
Loan term

Estimated payment

$35,068/mo

Principal & interest$32,376
PMI (est., until 20% equity)$2,250
Property taxes (actual bill)$282
Est. insurance$160

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

Map of 918 ORANGE AVENUE inside its neighborhood boundary

Drive times from this address

Downtown Tampa66 min
Tampa Int’l Airport (TPA)73 min

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

HighSarasota High School★★★★★
ElementarySouthside Elementary School★★★★★
MiddleBrookside Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s 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 655% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

Aug 12, 2026Listed at $6,000,000 · 1 days on market since

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.

Carmen Sandoval

Your agent

Carmen Sandoval

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 918 ORANGE AVENUE — start here.

Andrew Acosta

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 Carmen's phone and CRM.

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Goes straight to Carmen’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 655% 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.

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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