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: 11/6/2022

Overview / Comments

7.5 +/- acre multi-family development site in central Englewood close to the downtown village area. Currently zoned RMF-2 for up to 67 units, however site next door was recently rezoned RMF-3 which would get this site up to 97 units.
Also a great site for patio homes or up to a 270 bed Assisted Living Facility. 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 Units
• Rezoning for 97 units is possible
• Close to Shopping & Beaches

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0853-16-0011, 0853-16-0001, 0853-16-0003
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: Pine Street Residential / Assisted Living Facility 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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