Recently Approved Multifamily Site

Vacant Land for Sale
Catylist Listing ID: 30671991
Property Subtypes: Multi-Family
Gross Land Area: 11.85 Acres
Sale Price: $1,995,000
Unit Price: $168,354 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/13/2021

Overview / Comments

Recently approved for 90 multifamily units. Perfect for market rate or Independent Senior Living. Centrally located between Venice and South Englewood this site lends itself to many employment opportunities near by. Only a few short miles to beautiful Englewood Beach as well as boating access to Lemon Bay.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Submarket/Township: Englewood
Taxing Authority: Charlotte County
Tax ID/APN: 0494040003
Zoning: RMF-2
Property Located Between: Venice and Englewood
Property Visibility: Excellent
Legal Description: Lot 1 - THAT PART OF LOTS 1 2 & 3 LYING W OF STATE RD R/W LESS R/W DESC IN OR 2700/1832 & OR 2751/1451 ALSO LOTS 4 THRU 12 LESS W 7 FT THEREOF FOR R/W BLK 2 CONTAINING 4.4 C-AC M/L RANCH ACRES ORI Lot 2 -THAT PART OF NW 1/4 OF NW 1/4 LYING W OF STATE RD 776 LESS RANCH ACRES SUB ALSO LESS 40 X 70 FT TRACT TO STATE IN OR 2751/1451 CONTAINING 7.3 C-AC M/L ORI 2004090983, ORI 2005065475, ORI 2005065477
Largest Nearby Street: State Road 776
Feet of Frontage: 1,374
Highway Access: Take SR 76 North to Jacaranda Blvd which connects to I-75
Airports: Sarasota Bradenton International Airport
Site Description: Vacant site that has never been developed.
Area Description: Primary residential community with retail and office. Englewood Beach and boating access nearby.
Lot Frontage: 1374
Zoning Description: Lot 1 - THAT PART OF LOTS 1 2 & 3 LYING W OF STATE RD R/W LESS R/W DESC IN OR 2700/1832 & OR 2751/1451 ALSO LOTS 4 THRU 12 LESS W 7 FT THEREOF FOR R/W BLK 2 CONTAINING 4.4 C-AC M/L RANCH ACRES ORI Lot 2 -THAT PART OF NW 1/4 OF NW 1/4 LYING W OF STATE RD 776 LESS RANCH ACRES SUB ALSO LESS 40 X 70 FT TRACT TO STATE IN OR 2751/1451 CONTAINING 7.3 C-AC M/L ORI 2004090983, ORI 2005065475, ORI 2005065477
Development Name: Recently Approved Multifamily Site
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,747 16,378 43,195
Median Age: 62.7 62.21 59.12
Households: 1,923 8,497 21,582

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