40 Acres - 40 Units Zoned Residential Estates

Vacant Land for Sale
Catylist Listing ID: 30288425
Property Subtypes: Residential (Single Family)
Gross Land Area: 40 Acres
Sale Price: $385,000
Unit Price: $9,625 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2018

Overview / Comments

"Fallen Pine Acres – Out in the Country" is a 40 acre tract of land located on the south side of Zemel Road in the Greater Burnt Store area...just minutes to Punta Gorda...and even fewer minutes to the Marina for dinner or a trip on your boat out on Charlotte Harbor and Pine Island Sound. Boca Grande pass is just minutes from the Marina. Great potential here with a very fair pricing as compared to age old listings of similar acreages or greater. Land is native consisting of pines and cabbage trees along with a palmetto ground cover. Across the street from Deer Pass Acres, a subdivision of 5 acre units...and next door to several larger parcels positioned for future investors or even development. This is a little bit of an affordable paradise in the country. Easy access to I-75, Exits 161 & 158 and to US-41. Burnt Store Marina, Cape Coral & North Fort Myers are just a few minutes further drive. A virgin paradise...a good long-term investment for sure...zoned RE-1 or Residential Estates one home per acre.

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte Co
Tax ID/APN: 422328126001
Property Located Between: US41, Tamiami Trail and SR 765, Burnt Store Road
Property Visibility: Excellent
Legal Description: ZZZ 284223; P-2-1; 40 Acres ML; E1/2-E1/2-NW1/4;
Largest Nearby Street: US 41 or SR 765
Feet of Frontage: 660
Highway Access: US 41 or SR 765 to Zemel Road and then to the property.
Airports: PGDA
Site Description: South FLorida Pine Flatwoods.
Area Description: Area of large land holdings for future subdivisions, etc.
Lot Frontage: 660
Lot Depth: 2640
Zoning Description: RE-1, Residential Estates would permit single family homes, manufactured homes (DCA, 150MPH, Exposure C type Homes), minor home occupation, guest suite permitted as accessory use.
Topography: Level
Soil Type: Sandy
Available Utilities: Electric
Water Service: None
Sewer Type: None

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,047 14,077
Median Age: 63.31 60.51
Households: 2,571 6,956


Photograph of Listing Agent

Lindsay Harrington

MFCRE Member
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