HIGH DENSITY MULTIFAMILY LAND IN ENGLEWOOD!
|Catylist Listing ID:
|Gross Land Area:
||$314,516 Per Acre
Overview / Comments
In March of 2019 the County approved a Unified Development Code Amendment that allows for 750/SF units or smaller to be considered ½ dwelling units which takes the potential density at Quails Run Blvd. to 161 units. The Seller will consider demolishing the existing infrastructure prior to closing.
This 6.2 acre site is ideally located just off S. Indiana Ave. is very close to restaurants, shopping and Lemon Bay. Another feature of this property is most of the horizontal engineering is currently in place, the cost of pulling and installing the water/sewer and life safety elements is valued at over $1,000,000, which also includes the site being up to grade with additional fill on site. The property is very quiet and abuts a well maintained sub-division named Quail Run. The location is ripe for new development as the area has seen strong residential leasing and sales over the past 2 years.
||RMF3 - RESIDENTIAL, MULTIFAMILY
|Property Located Between:
||Indiana Ave. to Quails Run Blvd., the site is on Quails Run Blvd. just east of Indiana Ave.
|Largest Nearby Street:
||S. Indiana Avenue and East Dearbor Street
||US-41 (S. Tamiami Trail)
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