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8399 Cypress Rd Englewood, FL 34224

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For Sale
$775,000

15-acre development site in Englewood, Florida, suitable for retail or multifamily.

Property size:
15 SF
Lot size:
15.00 Acres

Property Features for 8399 Cypress Rd

General Information

Size
15 SF
Lot size
15.00 Acres

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Listing Contact
Tony Veldkamp, CCIM
Source: Svn

Listing Agent: Tony Veldkamp, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Englewood Development Site For Sale

This 15-acre development site is located in Englewood, Florida, with frontage on the new Winchester Boulevard Extension, a north-south connector between historic Englewood, Englewood East, and Rotonda. The site offers access to South River Road (connecting to Interstate-75) and Placida Road, providing access to Boca Grande. The property can be developed into retail, multi-family, or a combination of both. The site is zoned CG - Commercial General, or multifamily development is possible under the Florida Legislature's Live Local Act, allowing multi-family development without rezoning if affordable housing criteria are met. The seller will subdivide the property into two 1.2-acre corner retail development sites with frontage on Winchester Boulevard and one 12.6-acre site suitable for multi-family development, with frontage on Winchester Boulevard and the future Cypress Road. The multi-family residential site can utilize residential live local zoning, allowing for apartments or a build-to-rent community. The 1.2-acre retail sites at the corner of Winchester Boulevard and Cypress Road could potentially have a future traffic light. The lots are zoned Commercial General (CG), allowing for uses such as a bank, pharmacy, gas station, retail, car wash, or restaurant. The property is located in Englewood, near Rotonda West, and Winchester Boulevard connects to Wellen Park and I-75 via River Road to the north and Boca Grande via Placida Road to the south. A full-access median with turn lanes is in place for the future Cypress Road. Development of this property could warrant a future traffic light at the intersection. The updated Live Local Act permits multifamily units by-right, making it viable for apartments or a build-to-rent community.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Skin Care Clinic Auto Repair Shop Kitchen & Bath Hotel & Motel Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Englewood
County
Charlotte
State
Florida
Longitude
-82.309395
Latitude
26.901278

FAQs

What type of property is this?
Commercial land - 15-acre development site in Englewood, Florida, suitable for retail or multifamily.
Where is this commercial land located?
The property is located at 8399 Cypress Rd Englewood, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: - Prime development site with frontage on Winchester Boulevard Extension, a new central north-south connector providing access to I-75 and Boca Grande.; - Zoned CG - Commercial General, allowing for retail or multi-family development under the Florida Legislature's Live Local Act.; - Opportunity to purchase the entire 15 +/- acre site or subdivided parcels for retail or multi-family development.
More about this property
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