REDUCED! Multifamily Land in the Path of Progress - Seller Financing Available!
Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF $ 698,000.00
Asset Type Land
Trade Type Sale
Acres Available 1.36
Date Available 05/23/2019
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Description

Location
Located along US41, just South of Warm Mineral Springs on the East side of Tamiami Trail.

Sale
Just Reduced by $100K! SELLER FINANCING AVAILABLE!

RARE ASSEMBLAGE OF 8 CONTIGUOUS LOTS, INCLUDING CORNERS w/ OWNER FINANCING! Motivated Owners are open to offers and ready to make a deal!

+/-1.36 acres of RMF-3 zoned land, allowing 13 dwelling units per acre with great potential for rezoning for Commercial development! Future Land Use slated for Office/Multi-Family Residential use with implementing zoning districts of CM, OPI, RSF-4, RMF-1, RMF-2, RMF-3, MP and GU, according to the Sarasota County FLUM. Exceptional visibility on Tamiami Trail with 300' of frontage and traffic counts at 30,000+ AADT (Annual Average Daily Traffic). This area is touted for future development with a brand new medical facility located directly across the street and a national grocery chain and gas station slated for the intersection of Tamiami Trail and Talon Bay Drive, about a 1/4 mile North of this site.

The addition of the brand new Atlanta Brave's Spring training facility (currently under construction) on the North side of River Rd., in conjunction with the continued expansion of The West Village's makes this spot an ideal location for the influx of tourists and residents that is inevitably coming! This area will only get hotter!

Minutes away from Warm Mineral Springs, a +/-83 acre world-famous park with a natural hot spring that maintains 85 degrees year round, drawing visitors from across the Nation and one of North Port's must-see destinations for tourists and residents alike. Surrounded by residential rooftops with 3, resident-owned mobile and manufactured home communities across the street.

North Port has just announced the possibility of improving the area of the Warm Mineral Springs to include activities and attractions for tourists and residents alike including horse trails, biking trails, a bird watching area, an event pavilion and an indigenous peoples historical exhibit, all part of a new Master Plan currently under review. See links below for more information.

This site has it all! Contact listing for more information regarding financing terms.

Informational links:
- Warm Mineral Springs Info: http://www.cityofnorthport.com/visitors/visit-north-port/warm-mineral-springs-park
- Warm Minseral Springs Master Plan Article: https://www.heraldtribune.com/news/20190102/warm-mineral-springs-master-plan-to-be-discussed-at-workshop
- City of North Port Info: http://www.cityofnorthport.com/
- West Villages Info: http://www.cityofnorthport.com/government/city-services/planning-zoning/west-villages

Location