Englewood Residential Development
370 N Pine St, Englewood, FL 34223
For Sale
$1,250,000
7.5-acre residential development site in central Englewood.
Property SizeContact for details
Lot Size7.50 Acres
Days on Market254
Property Features for 370 N Pine St
General Information
Standard status
Lot size
Property subtype
Listing Agency:
SVN COMMERCIAL ADVISORY GROUP
Listed By:
Tony Veldkamp, CCIM · License FL BK576074
(941) 374-9657
Source:
Susannelosso
Added: Mar 5
Changed: Oct 25
Last Checked: Oct 7 at 1:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN COMMERCIAL ADVISORY GROUP
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Investment Insights
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This 7.5 +/- acre residential development site is located in central Englewood, near the downtown village area of Dearborn Street. Pine Street, a North-South connector road between Dearborn Street and South McCall Road, experiences traffic counts of 16,800 and 34,500 respectively. Zoned Residential Multifamily 2 (RMF-2), the site is suitable for developing up to 67 residential units or a 270-bed Assisted Living Facility. Rezoning to RMF-3 could allow for up to 97 multifamily units, with the potential to increase the number of units further by utilizing Sarasota County's "Half Unit" calculation of 750 SF maximum. The location is near amenities such as Publix shopping centers on Highway 776, Gulf beaches, golf courses, HCA Englewood Hospital, Englewood YMCA, and Cool Today Park, the Spring Training Home of the Atlanta Braves. Several residential neighborhoods are planned for the surrounding area, including Generations Englewood, a 306-unit apartment community by Kaplan Residential; Shores at Stillwater, a 255-lot single-family subdivision by Pulte Homes; and Sandpiper Pointe, an 85-lot Single-Family Subdivision by M/I Homes.
Key Highlights
- Large 7.5 +/- acre residential development site.
- Zoned Residential Multifamily 2 (RMF‑2) allowing development of up to 67 residential units or a 270‑bed Assisted Living Facility.
- Potential to rezone to RMF‑3 for up to 97 multifamily units.
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Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
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Business Placement
Demographics for 34223, FL
19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 7.5-acre residential development site in central Englewood.
Where is this residential land & home lot located?
The property is located at 370 N Pine St Englewood, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Large 7.5 +/- acre residential development site.; Zoned Residential Multifamily 2 (RMF‑2) allowing development of up to 67 residential units or a 270‑bed Assisted Living Facility.; Potential to rezone to RMF‑3 for up to 97 multifamily units.
