941-356-5042
205 N Orange Ave, Sarasota, FL for Sale
Office - FOR SALE
1/16
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205 N Orange Ave
Sarasota, FL 34236
Downtown Sarasota


HIGHLIGHTS

  • Located in the DTC district allowing one of the highest mixed-use, residential, office, or hotel developments
  • Strategically located one block off Fruitville Road with convneient acess to US-41 and I-75
  • Renovated in 2016, modern systems and interior upgrades

OVERVIEW

Prime opportunity in Sarasota’s Downtown Core (DTC) zoning district, one of the city’s highest-intensity zones supporting mixed-use, residential, office, and hotel development. While the property currently features a fully leased, well maintained building, it also represents a compelling future redevelopment opportunity. The 0.34-acre urban infill parcel allows 10 stories by right, with potential for additional height and density through attainable-housing incentives.Developers can explore 50 units/acre base density (approximately 15-17 units) with the ability to increase up to 200 units/acre (approximately 65–70 units) through the Downtown Density Bonus Program. A boutique hotel concept is equally feasible, with an estimated 40–80 keys depending on design and parking. Upper levels in a future build may achieve water views, subject to height and surrounding development. Located steps from Main Street, the property offers exceptional walkability, visibility, and long-term demand, making it attractive bothas a stable income-producing asset and as a prime downtown redevelopment site.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C-CBD,Sarasota

APN/PARCEL ID

2026-14-0099

ASK ABOUT THIS PROPERTY

Jagbir Grewal CCIM, SIORIan Black Real EstateMore Info
941-356-5042

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Jagbir Grewal CCIM, SIORIan Black Real EstateMore Info
941-356-5042

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.