Sarasota's Premier Homes

N SHADE AVENUE

SARASOTA , FL 34237

MLS#: A4684285

$4,295,000

Status: Active
Listing number: A4684285
Listing provided by: MICHAEL SAUNDERS & COMPANY
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
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FAIRVIEW 1ST ADD TO - Land

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

1.25 acres

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

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    1.25

  • Property Type

    Land

Price

  • Sales Price

    $4,295,000

  • Tax Amount

    $7,396.12

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    13

  • Water Source

    Public

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Listing Courtesy of Valarie Wadsworth , MICHAEL SAUNDERS & COMPANY

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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

N SHADE AVENUE

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