$4,295,000
N Shade Avenue Sarasota, FL 34237
For Sale MLS# A4684285
1.25 Acres Lot/Land
Details for N Shade Avenue
MLS# A4684285
Description for N Shade Avenue, Sarasota, FL, 34237
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
Listing Information
Property Type: Lot/Land, Mixed Use
Status: Active
Lot Size: 1.25 Acres
Subdivision: Fairview 1st Add To
Current Use: Mixed Use
County: Sarasota
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Other
Exterior / Lot Features
Lot Dimensions: 242 by 148 +
Driving Directions
North of Fruitville on N Shade
Financial Considerations
Tax/Property ID: 2028140056
Tax Amount: 7396.12
Tax Year: 2025
A broker reciprocity listing courtesy: MICHAEL SAUNDERS & COMPANY
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for N Shade Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby N Shade Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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