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Englewood Development Site Opportunity
For Sale
$5,500,000

8399 CYPRESS ROAD, Englewood, FL 34224

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

Property SizeContact for details
Lot Size5.00 Acres
Days on Market395

Property Features for 8399 CYPRESS ROAD

General Information

Standard status Active
Lot size 5.00 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $5,756

Amenities

Pool
Public Pool
Electrical Nearby
Listing Agency: SVN COMMERCIAL ADVISORY GROUP
Listed By: TONY VELDKAMP, CCIM · License #BK576074
Source: Corcoran
Added: Jul 21, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:04PM

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

Investment Insights

Based on property information with market context.

Located in Englewood, Florida, this 15-acre development site fronts the new Winchester Boulevard Extension, a north-south connector between historic Englewood, Englewood East, and Rotonda. The extension provides access to South River Road (connecting to Interstate-75) and Placida Road, giving access to Boca Grande. The site can be developed for retail, multi-family, or both. The property is 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. The seller will subdivide into 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. The seller is willing to subdivide into three lots: Parcel A: 1.2 acres, Parcel B: 1.2 acres, Parcel C: 12.5 acres.

Key Highlights

  • 15 +/- acre development site with frontage on Winchester Boulevard Extension.
  • Zoned CG - Commercial General, ideal for retail development.
  • Potential for multi‑family development under Florida's Live Local Act.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Hair Salon Bakery Real Estate Agency Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 34224, FL

16,379
Population
11,333
Households
1.4
Avg Household Size
63
Median Age
21%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
1,280
Density / Sq Mi
$56,862
Median Household Income
$34,450
Median Earnings
$1,219
Median Rent
$262,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 15-acre development site in Englewood, Florida, suitable for retail/multifamily.
Where is this commercial land located?
The property is located at 8399 CYPRESS ROAD Englewood, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 15 +/- acre development site with frontage on Winchester Boulevard Extension.; Zoned CG - Commercial General, ideal for retail development.; Potential for multi‑family development under Florida's Live Local Act.
More about this property
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