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ActiveACREAGE
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$4,295,000
HOA: NoneTaxes: $7,396/yr114d on market
0 Baths
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✨ This home matches what most buyers are looking for in this area.

Acreage
Lot Size
1.25 acres
Lot Sqft
54,465 sqft
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • 114+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

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

County
Sarasota
Zip Code
34237
Community
Fairview

Neighborhood

Map unavailable

Type
Land
Living Area
Construction
Roof
Flooring
Pool
None
HOA
None
  • Other
Bedrooms
Bathrooms
0
Year Built
Construction
Flooring
Roof
Garage Spaces
0
Cooling
Heating
Waterfront
No
Pet Restrictions
Lot Size
1.25 acres
Senior Community
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$7,396
No HOA fees on this listing.
Down Payment20% — $859,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$21,718
HOA Fee
$0
Est. Property Tax
$616
Est. Insurance
$1,432
Total Est. Monthly Cost$23,766

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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