N Shade Avenue, FL

$4,295,000

N Shade Avenue

Sarasota, FL 34237

Active
0
Baths
1.25
Acres
1.25 acres$79/sqft360° tour
Land

Property type

54,465 sqft

Lot size

$79

Price / sq ft

No HOA

HOA dues

0

Days on market

x

Flood zone

About this home

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

Estimated monthly payment

Principal & interest$21,718
Property taxes$616
Home insurance (est.)$1,969

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 history0 days on market

  1. Status: Active
    Mar 10, 2026
  2. Listed$4,295,000
    Mar 10, 2026
  3. Price increased$4,295,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
0
Subdivision
Fairview 1st Add To
County
Sarasota
Price/sq ft
$79
Lot size
54,465 sq ft
Lot category
1 to less than 2
Flood zone
x
Annual taxes
$7,396 (2025)
Parcel #
2028140056
Zoning
DTE
MLS #
A4684285

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Other

Listing Details

Listing date
2026-03-10
On market date
2026-03-10
Original list price
$4,295,000
MLS area
34237 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2026-03-10
Tax legal description
LOTS 13 15 17 19 & 21 FIRST ADD TO FAIRVIEW

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

North of Fruitville on N Shade

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MLS GRID

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 March 11, 2026 at 12:32 AM 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA