16 Unit Residential Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30556639
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 3.69 Acres
Sale Price: $225,000
Unit Price: $60,975 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/6/2020

Overview / Comments

Residential Development Opportunity. 3.69 acres located in rapidly growing Englewood Florida. Preliminary approvals for 16 units consisting of 16 zero lot line Villas Duplex Units. Construction plans available for review by request.

Property is located within blocks of Englewood Elementary School, Englewood Recreation Center Park, Englewood Waterfront Area and quaint historic West Dearborn Street. West Dearborn Street is the perfect mix of small town atmosphere complemented by contemporary touches. Old Florida charm is blended with new ideas.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0497080009
Zoning: RSF -3
Largest Nearby Street: SR 776 & W. Dearborn Street
Highway Access: County Street
Area Description: Residential
Lot Frontage: 800
Lot Depth: 309
Zoning Description: RSF3 - RESIDENTIAL, SINGLE FAMILY
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,265 19,148 40,197
Median Age: 60.91 63.05 59.72
Households: 2,847 10,071 20,071

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