![]() |
One or more photo(s) has been virtually staged. Welcome to Citrus Residences, a boutique 12-unit condominium with ground-floor retail, perfectly located in the heart of downtown Sarasota. Developed by Mark Pierce of Pierce Contracting and completed in 2021, this mixed-use building is one of the final additions to North Orange Avenue—nestled between Boulevard of the Arts and the original Citrus Square. Designed with a New Urbanist approach focused on sustainability, low density, and walkability, Citrus Residences brings a European-style architectural presence to Sarasota’s evolving skyline.
Constructed with solid concrete block and hurricane-impact windows and doors, this residence blends style with strength. Inside, you'll find 10-foot ceilings, solid core doors, ultra-quiet sound abatement, crown molding, high baseboards, and premium finishes. The kitchen includes Samsung stainless appliances, a convection double oven (that also doubles as an air fryer!), built-in microwave, push-button disposal, silestone countertops, and soft-close wood cabinetry. An east-facing 21x 5 balcony (105 total square feet of outdoor space) offers beautiful sunrises, with a retractable awning for use in any weather—accessible from both the living room and primary suite. The laundry closet holds a stacked Samsung washer/dryer, AC handler, and water heater—all new in 2021.
The primary ensuite features dual sinks, ample counter space, and a custom California Closet. The guest bedroom includes floor-to-ceiling built-ins, integrated lighting, and a second California Closet system—showcasing thoughtful, space-saving design.
One of the most compelling features of this home is its exceptionally low maintenance fees—just $1, 750 per quarter—an unmatched value in downtown Sarasota’s 34236 ZIP code. While similar properties carry significantly higher costs, Citrus Residences offers quality construction and amenities without the hefty dues. With no CDD fees, not in a flood zone, and a well-managed budget with strong reserves, this residence offers low-cost ownership in one of the city's most desirable locations.
Additional features include a gated entry, assigned carport (#307), guest parking, and a central courtyard perfect for relaxing or entertaining. Pet-friendly, the community allows two large dogs or cats per owner. A flexible rental policy—1-month minimum, up to 12 times per year—makes this a great option for seasonal, interim, or investment use.
Set steps away from Sarasota’s best: Ocean Prime, Sage, Rose and Ivy, Sugar Champagne Bar, Station 400, and Bijou Café, with the Sarasota Opera, Van Wezel, and Ringling Bridge nearby. Everything downtown has to offer—arts, dining, waterfront living—is right outside your door.
When classic design meets modern efficiency in a walkable, vibrant downtown setting, the result is Citrus Residences. With low costs, prime location, and superior construction, this is truly a rare downtown find—the unicorn of Sarasota condos.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | $525 | $525 | $525 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,988 | $4,199 | $5,308 |
Total Monthly Payment | $4,605 | $4,816 | $5,925 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.