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$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
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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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Valarie Wadsworth MICHAEL SAUNDERS & COMPANY

Team At The Comerford Group
Team Leader | Broker Associate | License ID: BK3455404
+1(941) 586-3229 | team@thecomerfordgroupfl.com
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