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±176 Acre Waterfront Development Opportunity

Listing was updated at: 06/04/2019
±176 Acre Waterfront Development Opportunity ±176 Acre Waterfront Development Opportunity ±176 Acre Waterfront Development Opportunity ±176 Acre Waterfront Development Opportunity ±176 Acre Waterfront Development Opportunity ±176 Acre Waterfront Development Opportunity ±176 Acre Waterfront Development Opportunity ±176 Acre Waterfront Development Opportunity ±176 Acre Waterfront Development Opportunity

Property Overview

Price/Rent PSF Inquire
Asset Type Land
Trade Type Sale
Acres Available 176.28
Date Available 05/23/2019
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Description

Location
Ideally situated in the heart of Englewood, Florida, a 13.05 square mile census-designated place boasting a population of over 15,000 residents, as well as thousands of tourists and visitors that are drawn to Englewood's rich history of exploration, art and discovery that has put Englewood on the map as one of Florida's most sought after communities. Currently undergoing massive growth in both the residential and commercial sectors, this area of Englewood is centrally located to Rotonda West, Placida and Grove City, offering ample opportunity for Developers to capitalize on the current expansion trends. Conveniently located near popular boating and vacation destinations such as Manasota Key, Don Pedro Island, Lemon Bay and more.

Sale
Developers and Investors take note! America Property Group of Sarasota, Inc. is proud to present this amazing opportunity to purchase a ±176 acre development site comprised of 5 parcels including a ±98acre lake off of Winchester Blvd. in beautiful Englewood, Florida! Development options abound including current entitlements for around 169 residential units (cluster housing), or possible rezoning to allow for Recreational Vehicle Parks, Manufactured Home Parks, Multifamily use, Affordable Housing and more. The options are almost endless! Winchester Blvd. has recently undergone expansion and now connects to River Rd. and Placida Rd., leading to Cape Haze, Boca Grande and accessible to Rotonda West. Currently, the site includes a residence and is being used as a borrow pit and concrete reclamation facility. The pit is active with approximately 2 years of capacity at the current mining rate and could possibly provide the new owners with a source of revenue until developed.

Nicely positioned in the growing Englewood market with above-average household incomes and high demand for new, single-family and commercial developments to support the growing population. This is an excellent opportunity to capitalize on current market trends and fill a much-needed void in the area. Close to area beaches and minutes from the Barrier Islands, Manasota Key, Don Pedro Island and the Gulf of Mexico. Schools, churches, parks, recreational activities, dining, shopping, entertainment and other amenities are only a short drive away with more developments touted for the near future.

Well-positioned just outside of an Opportunity Zone indicating future redevelopment and revitalization for the immediate area! This is a huge opportunity for the right Developer.

Location

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