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205 N Orange Ave 10,993 SF 77% Leased Office Building Sarasota, FL 34236 $4,250,000 ($386.61/SF)
Investment Highlights
- Located in Sarasota’s highest-intensity zoning district supporting mixed-use, residential, office, and hotel development
- Renovated in 2016, modern systems and interior upgrades
- Steps from Main Street offering exceptional walkability, visibility, and long-term demand
- Present tenants include professional offices, small businesses and executive suites
Executive Summary
The DTC zoning designation supports Sarasota’s highest-intensity development standards, allowing mixed-use, residential, office, and hospitality projects. Developers can build up to 10 stories by right, with attainable housing incentives unlocking additional height and density. Base residential density permits approximately 15–17 units, while participation in the Downtown Density Bonus Program can increase capacity to 65–70 units per acre—ideal for luxury multifamily or condominium concepts. Alternatively, a boutique hotel is equally feasible, with design flexibility to accommodate 40–80 keys depending on parking and layout.
Situated steps from Main Street, the property delivers unmatched walkability to Sarasota’s vibrant dining, retail, and cultural destinations. Future upper-level construction may capture water views, further enhancing the appeal for high-end residential or hospitality uses. With strong demographic trends, sustained demand for urban living, and Sarasota’s reputation as a premier Gulf Coast destination, this site represents a rare opportunity to combine current income with transformative redevelopment potential.
Property Facts
Amenities
- 24 Hour Access
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
This professional office suite is located on the third floor of a well-maintained building in downtown Sarasota. The space offers a functional layout with multiple private offices, an open work area, and a welcoming reception area designed to accommodate a variety of business needs. Large windows throughout the suite provide natural light, contributing to a bright and efficient work environment. Tenants benefit from access to shared amenities, including a conference room and kitchen facilities, supporting both daily operations and client meetings. The property’s central location ensures excellent walkability to restaurants, retail, and services, while also providing convenient access to major roadways such as US-41 and I-75. This combination of accessibility and nearby amenities makes the property a practical choice for businesses seeking a downtown Sarasota address.
| Space | Size | Space Use | Condition | Available |
| 3rd Floor | 2,570 SF | Office | Partial Build-Out | Now |
3rd Floor
| Size |
| 2,570 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
3rd Floor
| Size | 2,570 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
This professional office suite is located on the third floor of a well-maintained building in downtown Sarasota. The space offers a functional layout with multiple private offices, an open work area, and a welcoming reception area designed to accommodate a variety of business needs. Large windows throughout the suite provide natural light, contributing to a bright and efficient work environment. Tenants benefit from access to shared amenities, including a conference room and kitchen facilities, supporting both daily operations and client meetings. The property’s central location ensures excellent walkability to restaurants, retail, and services, while also providing convenient access to major roadways such as US-41 and I-75. This combination of accessibility and nearby amenities makes the property a practical choice for businesses seeking a downtown Sarasota address.
Property Taxes
| Parcel Number | 2026-14-0099 | Improvements Assessment | $617,100 |
| Land Assessment | $1,102,500 | Total Assessment | $1,719,600 |
Property Taxes
Presented by
205 N Orange Ave
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