Land - Real Estate in Englewood
Listing Price: $1,850,000 (Mortgage Calculator →)
Description of Property
We are pleased to present this exceptional 7.5 +/- acre residential development site, located in central Englewood close to the downtown village area of Dearborn Street. Pine Street is a North-South Connector Road between Dearborn Street and South McCall Road which offer traffic counts of 16,800 and 34,500 respectively. This incredible opportunity is already zoned Residential Multifamily 2 (RMF-2) and is ideal for the development of up to 67 residential units, or up to a 270 bed Assisted Living Facility. There is potential to rezone to RMF-3 for up to 97 multifamily units, with potential to utilize Sarasota County's "Half Unit" calculation of 750 SF maximum to allow for additional units. This site is very close to all amenities in the area including Publix shopping centers on the retail corridor along Highway 776, numerous Gulf beaches and golf courses, HCA Englewood Hospital, Englewood YMCA, and Cool Today Park (Spring Training Home of the Atlanta Braves). Additionally several residential neighborhoods are coming soon to the surrounding area that include Generations Englewood- a 306 unit apartment community by Kaplan Residential, Shores at Stillwater- a 255 lot single-family subdivision by Pulte Homes, and Sandpiper Pointe- an 85 lot Single-Family Subdivision by M/I Homes.
Garage: No
Carport: No
Parking Features:
Spa Features:
Water Frontage:
Water Features:
Water Access:
Property Details At A Glance
Property Type: Land
City: Englewood
County: Sarasota
Subdivision: Englewood Gardens
Annual Tax: $3,773
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Sewer: None
Water Source: None
Lot Information
Lot Size (acres): 7.5
Lot Size (sq. ft.): 326,700 square feet
Lot Dimensions: 590 x 542
Road Frontage: City Street
Front Exposure: East
Current Adjacent Use: Residential
Additional Parcels: Yes
Additional Parcels Description: 0853-16-0001, 0853-16,0011
Legal Description & Other Information
Parcel Number: 0853160003
Zoning: RMF2
Tax Legal Desc.: LOT 620 LESS E 7 FT ENGLEWOOD GARDENS UNIT 2
Section: 31
Range: 20
Listing courtesy of SVN COMMERCIAL ADVISORY GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.