0 N Shade Ave - Commercial LAND FOR SALE


Sarasota, FL 34237- Downtown Sarasota54,463 SF
$4,295,000 USD
941-957-3730
0 N Shade Ave, Sarasota, FL for Sale
$4,295,000 USD
Commercial LAND - FOR SALE
1/23
54,463 SF

0 N Shade Ave
Sarasota, FL 34237
Downtown Sarasota


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

OVERVIEW

A well located property on the intersection of Fruitville Rd and N Shade Ave. in Sarasota, FL zoned Downtown Edge. 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.

FOR SALE DETAILS

PRICE

$4,295,000 USD

PRICE/ACRE

$3,435,054/AC

PRICE/SF

$79 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Multi-Family

LAND ACRES

1.25 AC

LAND SF

54,465 SF

OFFSITE IMPROVEMENTS

-

ZONING

DTE

APN/PARCEL ID

2028-14-0042,2028-14-0056

ASK ABOUT THIS PROPERTY

Spencer BrannenMichael Saunders & CompanyMore Info
941-957-3730

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Spencer BrannenMichael Saunders & CompanyMore Info
941-957-3730

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.