Orchid Oaks

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Orchid Oaks Condos for Sale – Sarasota, Florida 34239

Orchid Oaks

Listed residential units in Orchid Oaks among Sarasota condos for sale are rare for two reasons. First, there are less than 30 units in this property, and second, the affordably priced condos here could easily draw buyers as their location ranks among the best south of downtown Sarasota.

Orchid Oaks was developed in 1980 in a heavily wooded site on the eastern banks of the Phillippi Creek a short distance from the downtown. It consists of a cluster of townhouses with floor areas ranging from 1,365 to 1,649 square feet all designed with two bedrooms and two baths.

Makeover set

Orchid Oaks

These units feature an open floor plan which makes for spacious living and dining rooms. Besides a foyer, choice units also incorporate custom vertical blinds throughout and a breakfast bar in their kitchens. Most of the rooms in these residences offer refreshing views of the property’s natural landscaping of mature trees and lush bamboo forest by the creek.

A proposed makeover of the condos is in the works. This upgrade includes installation of new roofs, repainting of the residential buildings’ exterior and resurfacing of the pathways around the community.

Rental investment

Orchid Oaks

A turnkey furnished Orchid Oaks unit with a floor area of close to 1,400 square feet, listed among Sarasota condos for sale, would typically carry a price tag around the vicinity of the $120,000 level. This compares with the running 12-month median price on Sarasota condos for sale of $182,000 as of November 2014.

The low $100s price point in this condominium makes its units a viable rental property investment. Current rental rate for a 1,365-square-foot apartment in Orchid Oaks is advertised at $1,400 monthly.

Orchid Oaks has ample common facilities which make its units an ideal choice not only as a rental property but also as an exclusive private residence. The condominium has a clubhouse and a swimming pool, in addition to its own mini park with picnic tables, fishing pier and access to the Phillippi Creek. Covered parking spaces are likewise provided in the complex.

Convenient commute

Popular shopping and dining venues abound within the immediate vicinity of Orchid Oaks. The Tuttle Bee Plaza, for instance, is just a short walk south at the corner of Bee Ridge and Tuttle. Merchants in this plaza include popular retailers T.J. Maxx and Dollar Tree.

Two major road corridors – Bee Ridge off south and Tuttle Ave. toward east – can provide easy access to additional life and leisure centers. Notably, SCAT bus stops are located very near the property’s Tuttle Bee entrance to facilitate convenient commute to other local area attractions.

The nearby Southgate-Westfield Mall and The Landings retail center offer other upscale alternatives for shopping. Excellent dining venues, such as the Phillippi Creek Restaurant and Oyster Bar, are also abundant around Orchid Oaks’ locality.

For recreation and entertainment, the beach facilities of Siesta Key and the whole gamut of cultural and urban attractions of downtown Sarasota are also convenient to the condominium’s residents. Top-tier public and private schools, like Riverview High and Phillippi Shores Elementary, are likewise within easy reach from the Orchid Oaks community.


Orchid Oaks Condos for Sale

Below are the current real estate listings available at Orchid Oaks

Please contact me if you would like to schedule a tour of any of the listed properties below.

MLS# A4182586 - Status: Active View Property Details Add to Favorites View Map

  • 2740 ORCHID OAKS DR #304BAY
  • Price: $159,900
  • Zip Code: 34239
  • 1365 Square Feet
  • Subdivision: ORCHID OAKS I
  • Bedrooms: 2 Baths: 2
  • Prime location in the heart of Sarasota. Quiet community of Orchid Oaks is situated on Phillippi Creek and is surrounded by mature oak trees, palms and bamboo. Well maintained to floor unit with elevator. 2 Bedroom 2 baths with laminate wood floors i ... Read More
  • Listing courtesy of: HARRY ROBBINS ASSOC INC