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Residential Land Development Opportunity
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4223 S Shade Ave, Sarasota, FL

4.13-acre residential land with permits for 9 single-family residences.

Property Size100,000,000 SF
Lot Size4.13 Acres
Price / SF$0.06
Days on Market270

Property Features for 4223 S Shade Ave

General Information

Standard status Active
Size 100,000,000 SF
Lot size 4.13 Acres
Property subtype LAND
Listing Agency: Harry Robbins Assoc Inc
Listed By: Kevin L Robbins · License #SL3042951
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 15 Last Checked: Aug 21 at 8:02AM

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

Investment Insights

Based on property information with market context.

This 4.13-acre parcel, totaling 180,054 square feet across two parcels, presents a single-family development opportunity. Zoned Residential Single Family, the property is permitted for a 9-lot subdivision, with permits already secured. Alternatively, the site can be divided into 4 estate-sized lots of approximately 1 acre each. The property features over 450 feet of frontage on Phillippi Creek and is located directly on S Shade Avenue, backing up to the creek. The location offers proximity to US-41, downtown Sarasota, Siesta Key, and Siesta (Southgate) Mall, as well as other Bay Front communities. The surrounding area is experiencing significant new development, including the upcoming construction of approximately 270 residential units, 13 tennis courts, and commercial/retail space at the former bath and racquet club. The ongoing development of both single-family and multi-family homes in the vicinity is expected to increase the property's value.

Key Highlights

  • Development opportunity with permits in hand for a 9‑lot single‑family subdivision.
  • Large 4.13‑acre parcel with 450+ feet of frontage on Phillippi Creek.
  • Zoned Residential Single Family, also allowing for division into 4 estate‑sized lots.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Electrical Service Daycare Center HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,640
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - 4.13-acre residential land with permits for 9 single-family residences.
Where is this land located?
The property is located at 4223 S Shade Ave Sarasota, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Development opportunity with permits in hand for a 9‑lot single‑family subdivision.; Large 4.13‑acre parcel with 450+ feet of frontage on Phillippi Creek.; Zoned Residential Single Family, also allowing for division into 4 estate‑sized lots.
(941) 724-2321 Call to check price and availability
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