Prime Development Land
414 N Lime Ave, Sarasota, FL
Nearly 2-acre development site near US-301 and Fruitville.
Type:LAND
Property size:
83,220 SFLot size:
1.91 AcresPrice / SF:
$99/SF- Added:
- Nov 24, 2025
- Days on Market:
- 174
- Last Refresh:
- Apr 5 at 8:39 pm
Property Features for 414 N Lime Ave
General Information
- Standard status
- Active
- Size
- 83,220 SF
- Lot size
- 1.91 Acres
- Property subtype
- LAND
Listing agent Kevin L Robbins License #SL3042951 (941) 724-2321
Listing office Harry Robbins Assoc Inc (941) 724-2321
Listing date Nov 24, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Harry Robbins Assoc Inc
HighLights
- High‑Density Development Potential: Zoned DTE, allowing 100 residential units per acre and mixed‑use development.
- Prime Location: Near US‑301 and Fruitville, with easy access to major thoroughfares.
- Rapidly Redeveloping Area: Surrounded by significant redevelopment projects.
- Future Expansion Possibilities: Land use application pending for increased density and retail space.
- Growing Market: Located in a fast‑growing Southwest Florida market.
- Proximity to Amenities: Short distance to Siesta Key Beach, Lido Key Beach, and St. Armand's Circle.
Overview
This development opportunity is located near US-301 and Fruitville in the downtown edge district. The site consists of nearly 2 acres of land and is zoned Downtown Edge (DTE), allowing for 100 residential units per acre, medical or general offices, retail, and other uses. Situated within a block of a lighted intersection, the property provides quick access to major North/South and East/West thoroughfares. The surrounding neighborhood is undergoing significant redevelopment, including the current construction of a hotel, 410 luxury apartments, 25,000 square feet of retail space, and a grocery store. The subject parcel allows for a mixed-use development with nearly 50 residential units. A future land use application proposes additional density, potentially increasing to 134 units, with an estimated 10,000+ square feet of retail commercial space on the ground floor.
The property is located in one of the fastest-growing markets on the Southwest Florida Coast, a short distance from Siesta Key Beach, Lido Key Beach, and St. Armand’s Circle. The population of the Sarasota area continues to grow. Major employers in the vicinity include Sarasota Memorial Hospital, with over 135 beds and a projected employment of 600 to 700, with multiple projects underway. The area is experiencing a rise in redevelopment and new developments. The City of Sarasota blends history and modern attractions. Many historic homes and neighborhoods remain, including the brick pavers surrounding the subject property, while other areas feature updated shopping centers, hotels, restaurants, and other businesses. Tourism is increasing, with visitors drawn to the beaches and attractions.
The property is located in one of the fastest-growing markets on the Southwest Florida Coast, a short distance from Siesta Key Beach, Lido Key Beach, and St. Armand’s Circle. The population of the Sarasota area continues to grow. Major employers in the vicinity include Sarasota Memorial Hospital, with over 135 beds and a projected employment of 600 to 700, with multiple projects underway. The area is experiencing a rise in redevelopment and new developments. The City of Sarasota blends history and modern attractions. Many historic homes and neighborhoods remain, including the brick pavers surrounding the subject property, while other areas feature updated shopping centers, hotels, restaurants, and other businesses. Tourism is increasing, with visitors drawn to the beaches and attractions.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.5232
- Latitude
- 27.3397
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Nearly 2-acre development site near US-301 and Fruitville.
Where is this land located?
The property is located at 414 N Lime Ave Sarasota, FL.
What is the asking price?
The asking price for this property is $8,250,000.
What are key features of this property?
This property features: High‑Density Development Potential: Zoned DTE, allowing 100 residential units per acre and mixed‑use development.; Prime Location: Near US‑301 and Fruitville, with easy access to major thoroughfares.; Rapidly Redeveloping Area: Surrounded by significant redevelopment projects.
