Multi-Family Development Site

Vacant Land for Sale
Catylist Listing ID: 29737959
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 7.50 Acres
Sale Price: $1,300,000
Unit Price: $173,333 Per Acre
Sale Terms: Cash to Seller
Last Updated: 1/15/2023

Overview / Comments

7.5 +/- acre residential development site in central Englewood close
to the downtown village area. Already zoned and is ideal for the
development of up to 67 residential units, or up to a 270 bed Assisted
Living Facility. Potential to rezone to RMF-3 for up to 97 multifamily
units, with potential for more utilizing Sarasota County's "Half Unit"
calculation. Site is very close to all amenities in the area including the
beaches, golf courses, Englewood Community Hospital and the
Englewood YMCA.

-7.5 +/- Acres Zoned for up to 67 Residences or a 270 Bed ALF
-Potential to rezone to RMF-3 for up to 97 multifamily units, with potential for more
-Close to Shopping, Beaches, Hospital, and Wellen Park
-Great Small Community Feel

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0853-16-0011, 0853-16-0001, 0853-16-0003
Zoning: RESIDENTIAL MULTI-FAMILY-2 FOR UP TO 67 RESIDENTIAL UNITS OR 270 ALF BEDS
Property Located Between: River Road and C.R. 776
Area Description: Very well located, high visibility site in central Englewood just south of River Road, which is it the main connector from Englewood to I-75. Site has very good access north to Venice & Sarasota, south to the exclusive resort island of Boca Grande, west to the beaches of Manasota Key, and east to the shopping and service areas of East Englewood and Port Charlotte.
Development Name: South Sarasota County Multifamily Development Site

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,097 22,354 36,980
Median Age: 59.15 62.2 59.9
Households: 2,130 11,635 18,560
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