$2,250,000
440 Lime Avenue
Sarasota, FL 34237
Listing updated: May 16, 2026 at 3:32 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Pre-Construction. To be built. Welcome to this stunning 3,434 sq. ft. single-story residence, where modern luxury meets timeless Italian craftsmanship. Ideally located within Sarasota city limits, this property qualifies for weekly rentals—a rare and highly desirable feature that opens the door to significant income opportunities in one of the area’s most sought-after vacation rental markets. This 5-bedroom, 5.5-bathroom residence is designed with both style and functionality in mind. Showcasing imported Italian fixtures, custom cabinetry, and premium flooring throughout, every detail reflects Milano Homes’ signature quality and sophistication. The expansive open-concept kitchen and living area are perfect for entertaining, while floor-to-ceiling hurricane-rated windows and sliding glass doors bathe the space in natural light and create a seamless connection to the outdoors. Step outside to your private retreat featuring a sparkling pool, sun-soaked deck, and ample space for relaxation or entertaining under the Florida sky. Perfectly positioned just minutes from downtown Sarasota, residents and guests will enjoy easy access to boutique shopping, fine dining, award-winning beaches, the scenic Legacy Trail, and local parks with tennis and pickleball courts. Whether you’re looking for a full-time residence, seasonal escape, or an income-producing short-term rental, this home offers a rare opportunity to enjoy the Sarasota lifestyle while capitalizing on high-demand weekly rental potential. Work hand-in-hand with the dedicated Milano Homes professionals to personalize this custom residence, creating a one-of-a-kind dream home tailored just for you.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history224 days on market
- Status: ActiveOct 4, 2025
- Listed$2,250,000Oct 4, 2025
- Price increased$2,250,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 224
- Subdivision
- Terrace Gardens B
- County
- Sarasota
- Year built
- 2026
- Living area
- 3,434 sq ft
- Price/sq ft
- $655
- Building area
- 4,166 sq ft (Builder)
- Lot size
- 12,029 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X500
- Garage
- 3 spaces
- Pool
- Private pool
- Annual taxes
- $6,011 (2023)
- Parcel #
- 2029140036
- Zoning
- RSF3
- MLS #
- A4666533
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 5
- Half bathrooms
- 1
- Flooring
- Tile, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Refrigerator, Washer
- Interior features
- Built-in Features, Open Floorplan, Primary Bedroom Main Floor
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- Northeast
- Fireplace
- Yes
- New construction
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 3
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Week
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- See City Ordinances for restrictions
Exterior & Construction
- Exterior features
- Sidewalk, Sliding Doors
- Construction materials
- Cement Siding
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 14x17 |
| Primary Bathroom | First | 10x13 |
| Living Room | First | 32x28 |
| Kitchen | First | 32x28 |
Listing Details
- Listing date
- 2025-10-04
- On market date
- 2025-10-04
- Original list price
- $2,250,000
- Occupant type
- Vacant
- MLS area
- 34237 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-10-04
- Tax legal description
- LOT 6 BLK E TERRACE GARDENS B
Flood risk
Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
North on Washington Blvd, Turn right onto Ringling Blvd Turn Right onto Shade Ave Turn Right onto Lime Ave
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Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 16, 2026 at 3:32 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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