N SHADE AVE, Sarasota, FL 34237
N SHADE AVE, Sarasota, FL 34237
N SHADE AVE, Sarasota, FL 34237
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Team At The Comerford Group
$4,295,000
Est. payment /mo
1.25 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Fairview 1St Add To

MLS Listing ID A4684285

HOA Y/N No

Annual Tax Amount $7,396

Lot Size 1.250 Acres

Acres 1.25

Lot Dimensions 242 by 148 +

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

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

Location

State FL

County Sarasota

Community Fairview 1St Add To

Area 34237 - Sarasota

Zoning DTE

Exterior

Utilities Available Other

Building

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4684285


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Stellar MLS
Listed by Valarie Wadsworth MICHAEL SAUNDERS & COMPANY

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N SHADE AVE

Team At The Comerford Group
Team At The Comerford Group

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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