Residential Development Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30642481 |
| Property Subtypes: |
Residential (Single Family)
|
| Gross Land Area: |
17.56 Acres
|
| Sale Price: |
$915,000 |
| Unit Price: |
$52,107 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/15/2023 |
Overview / Comments
The subject property is a total of 764,913 square feet. This 17.56-acre parcel is located in the growing city of North Port, FL. The parcel sits directly on E Hillsborough Blvd. The property is zoned Residential, Single Family (RSF2). The property has water frontage on the creek. The zoning allows for 3.5 homes per acres, or a total of 61 home sites.
The Property is located near the busy corridor of I-75 & Toledo Blade Blvd and busy Tamiami Trail. The surrounding area has seen a significant amount of new development including several new apartment buildings, office buildings, and retail space. The continued development of residential single-family homes to the east and north of the subject site, will increase the value of the site.
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Taxing Authority: |
Public Records |
| Tax ID/APN: |
1142-25-7537 |
| Zoning: |
RSF2 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
982 |
36,858 |
92,880 |
| Median Age: |
39.26 |
44.39 |
45.9 |
| Households: |
371 |
15,303 |
38,526 |
|
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