Listing Details for MLS #W7887847 - 5230 Placida Road, Englewood, Fl 34224

Residential Property - Single Family Residence in Englewood

Listing Price: $1,585,000Days on Market: 5

Description of Property

Rare opportunity to own a 4.90-acre parcel in Englewood, located a 1/4 mile to the south of the intersection of Winchester Blvd and Placida Rd. The site is 6 miles from the bridge to Boca Grande. Zoned Manufactured Home Conventional (MHC) with low-density residential land use allowing up to 5 units per acre. The site is prime for redevelopment and possibilities are endless for residential or commercial rezoning. This flexible zoning offers potential for up to 19 single-family or manufactured homes, subject to buyer verification with the county. The property includes a 2-bedroom, 1-bathroom single-family residence built in 1953, offering 1,000 square feet of heated living space, which also makes an excellent office space for potential commercial users. The site has been scraped and cleared making it ready for the next owner. Public water and sewer availability(currently on septic), plus electricity, cable, and internet connections, make this an appealing site for development or investment. Enjoy a prime location close to area beaches, golf courses, marinas, shopping, and dining in Englewood, Rotonda West, and Boca Grande. Buyers to verify all dimensions, zoning, and use restrictions with Charlotte County. The area is in a high growth corridor with national brand name commercial and residential developments. Tracts of land this size are becoming harder to find in Charlotte County. Survey and clean Phase 1 Environmental study available. Contact us today to schedule a showing and explore the possibilities this property has to offer.The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $389,892. This single family residence is listed at about 407% of the average asking price. This is the only 2 bedroom/1 bath single family residence between $1,400,000 and $1,800,000 currently listed for sale in this Zip code.