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    195 Parade Cir Rotonda West, FL 33947

    Sponsored
    For Sale
    $5,265,000

    25 Acres, 351 Units Possible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25-acre development site in Rotonda West, Florida, presents a remarkable opportunity. Located at 195 Parade Circle, 33947, this property boasts vested zoning (CT & OMI) allowing for the construction of up to 351 residential units. The site's prime location offers easy access to a community park, multiple golf courses, grocery stores, and area retail, ensuring high desirability for future residents. Existing infrastructure includes readily available central water, sewer, and electric services with sufficient capacity to support a large multi-family project. The property's zoning allows for a density of up to 15 units per acre under CT zoning and 10 units per acre under OMI zoning, totaling 351 units. Deed restrictions and architectural guidelines exempt these parcels from most HOA regulations, streamlining the development process. Utilities are conveniently located adjacent to the site, further enhancing its appeal. This is an ideal location to develop an apartment or condo complex in a growing area of Charlotte County, Florida. The asking price is $5,265,000. Parcel IDs are available in a separate brochure.

    Property Features for 195 Parade Cir

    General Information

    Property type
    Land
    Lot Size
    1,089,000 SF

    HighLights

    • Up to 351 residential units permitted.
    • Utilities readily available on‑site.
    • Prime location across from a public park and multiple golf courses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rotonda West
    County
    Charlotte
    State
    Florida
    Longitude
    -82.26796
    Latitude
    26.89314

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    FAQs

    What type of property is this?
    Land - 25 Acres, 351 Units Possible
    Where is this land located?
    The property is located at 195 Parade Cir Rotonda West, FL.
    What is the asking price?
    The asking price for this property is $5,265,000.
    What are key features of this property?
    This property features: Up to 351 residential units permitted.; Utilities readily available on-site.; Prime location across from a public park and multiple golf courses.
    (813) 416-4254
    Request Owner's contact information
    195 Parade Cir Rotonda West, FL 33947
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    Rotonda West, FL 33947
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    195 Parade Cir Rotonda West, FL 33947
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