SARASOTA, FL 34236 555 N ORANGE AVENUE #307

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. SELLER OFFERING INTEREST RATE BUY DOWN OR CREDIT TOWARD CLOSING COSTS. INQUIRE WITH AGENT FOR DETAILS. LARGEST balcony in the community; with incredible retractable awning. LOWEST fees in downtown. Welcome to Citrus Residences, a boutique 12-unit condo 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. TWO pets allowed per unit up to 25 pounds each. There are solar panels on top of the covered carport area so in this building, each unit has one solar powered outlet; in case of outage you have a source to power phones a fan or anything that uses a 15v amp! 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. NO assessments coming! BUDGET well reserved (see attachments).