Proposed 18 unit Orange Ave & 7th St - Rosemary District, Sarasota, FL - 711 N ORANGE AVE, SARASOTA
Southwest view - 711 N ORANGE AVE, SARASOTA
Current aerial - three homes on three lots - 711 N ORANGE AVE, SARASOTA
Multi-Family 5+ at 711 N ORANGE AVE, SARASOTA, photo 4 of 6
Multi-Family 5+ at 711 N ORANGE AVE, SARASOTA, photo 5 of 6
Multi-Family 5+ at 711 N ORANGE AVE, SARASOTA, photo 6 of 6
6 photos

$3,899,000

711 N ORANGE AVE
SARASOTA, FL 34236
Listed by WAGNER REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1926

About this home

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.

Highlights

New construction

Property details

MLS #
MFRA4671980
Property type
Multi-Family 5+
Subdivision
HALLS SUB JAMES S
Status
Active
Days on market
295
On market date
November 17, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.36 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
SUNCOAST SCHOOL FOR INNOVATIVE STUDIES
1.32 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
144
Student:teacher ratio
10.3:1
District
SARASOTA
MiddleCharter
SARASOTA SCHOOL OF ARTS/SCIENCES
0.25 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
752
Student:teacher ratio
18.8:1
District
SARASOTA
HighCharter
SARASOTA MILITARY ACADEMY
0.1 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,251
Student:teacher ratio
13.9:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

96
Highly walkable
out of 100
EPA National Walkability Index
18.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks20
Schools20
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 295 days -- 121 more days than SARASOTA's current average of 174 days.
For reference, the median list price across 4,430 active listings in SARASOTA right now is $350,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$23,630/mo
$779,800 down
$3,119,200 loan
Principal & interest$20,231
Property tax (est.)$3,249
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 17 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.