N Shade Avenue, Sarasota, FL 34237
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: michael saunders, lee delieto jr, pa
Office: michael saunders & company
MLS#:A4684285
Source:MFRMLS
Price summary
- Price:$4,295,000
About this home
A well located property on the intersection of Fruitville Rd and N Shade Ave. in Sarasota, FL zoned Downtown Edge. 1.25 acres. This versatile site represents an ideal opportunity for mixed use development with frontage on a major arterial. Featuring a well located site with easy access to virbant urban amenities, this property is ideal for a land/multifmaily investor/developer seeking a strong rental income investment or high value condo sales. Additional trade density rights are available through the City's Downtown Attainable Housing Density Bonus Program can provide up to four times the allowable units per this zoning district.
Residents can take advantage of the vibrant energy of nearby Downtown Sarasota and the highly regarded arts and culture district, all of which is less than a 5 minute drive away. SRQ International Airport and I-75 are both within 15 minutes from the site. This location is also surrounded by a very diverse culinary scene and upscale shopping experiences including Main Street Shops and St. Armand's Circle. Award winning Gulf Coast beaches and the picturesque Sarasota Bayfront are just minutes away.
Highlights
-Rare opportunity to purchase vacant land fronting Fruitville Rd
-Zoned DTE for diverse development potential
-Site is eligible for Downtown Attainable Housing Density Bonus Program providing up to 4x density
-Accessible via a traffic lit intersection on Fruitville Rd and Shade Ave
-Considerable residential and commercial development planned in immediate vicinity of the Subject Property...
Contact an agent
Home facts
- Subdivision & Development:FAIRVIEW 1ST ADD TO
- Listing ID #:A4684285
- Added:145 day(s) ago
- Updated:August 03, 2026 at 04:03 PM
Structure and exterior
- Lot area:1.25 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,295,000
- Tax amount:$7,396 (2025)
Features and amenities
- Pool features:Public Pool
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