Land - Real Estate in Englewood
Listing Price: $6,600,000
Description of Property
Located in the beautiful Englewood, Florida area lies this 15 +/- Are development site with frontage on the new Winchester Boulevard Extension. This new extension is the north-south connector bisecting historic Englewood from Englewood East and Rotonda as a new Central Boulevard. It provides access to South River Road (connecting to Interstate-75) and Placida Road to the south giving access to the world-famous Boca Grande. This offering consists of one to three parcels for development into retail, multi-family, or both. Opportunities consist of either purchasing the entire site for retail development as it is already zoned CG - Commercial General, or multifamily development under the Florida Legislature's Live Local Act allowing multi-family development without a rezoning provided certain affordable housing criteria are met. Seller will also subdivide as two 1.2 +/- Acre future corner retail development sites with frontage on Winchester Boulevard and one 12.6 +/- Acre site that could be used for Multi-Family Development with partial frontage on Winchester Boulevard and partial frontage on the future Cypress Road. The multi-family residential site is located in an area that can utilize the Residential live local zoning allowing for apartments or a build-to-rent community on the site. Recent revisions to Live Local in 2025 assures that Charlotte County's "Transfer Density Unit" program does not impair implementation of the Live Local Act. The 1.2+/- acre retail sites at the corner of Winchester Boulevard and Cypress Road could have the potential to be at a future traffic light. The lots are zoned Commercial General (CG) allowing for a variety of uses including Bank, Pharmacy, Gas Station, Retail, Car Wash, Restaurant, among others. 15 +/- total acres with Seller willing to subdivide into three lots: Parcel A: 1.2 +/- Acres - $875,000 Corner Lot Retail Parcel Parcel B: 1.2 +/- Acres - $775,000 Retail Parcel Parcel C: 12.5 +/- Acres - $4,950,000 Multifamily Parcel TOTAL: $6,600,000 for Entire Site
Property Details At A Glance
Property Type: Land
City: Englewood
County: Charlotte
Annual Tax: $5,756
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: None
Water Source: None
Lot Information
Lot Size (acres): 5
Lot Size (sq. ft.): 217,800 square feet
Lot Dimensions: 650 x 1310
Additional Parcels: Yes
Additional Parcels Description: 412021226010, 412021226001
Legal Description & Other Information
Parcel Number: 412021226011
Zoning: CG
Tax Legal Desc.: ZZZ 214120 LT9 21 41 20 E1/2 LOT 9 5 AC. M/L SUB E1/2 OF NE1/4 480/877 AFF2508/312-FEM PR04-1641-FLM 2529/1220 PR04-1642-ABM 2529/1222 PR04-1643-AM 2529/1224 PR04-1644-FJM 2529/1247 2540/2079 2615/907 3333/109
Section: 21
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.
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