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: |
9/29/2021 |
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.
|
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 |
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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