1695 Settlers Dr Nokomis, FL 34275
- High-rise multifamily apartments
- 1.35 lot acres
Current Use by Public Records
- High-rise multifamily apartments
Property Details for 1695 Settlers Dr
- Lot size
- 1.35 lot acres
- Property type
- High-rise multifamily apartments
Description
This exceptional 1.35-acre lot, located at 1695 Settlers Drive in Nokomis, Florida (zip code 34275), presents a remarkable multifamily development opportunity. Situated on the west side of Tamiami Trail, conveniently close to I-75 and Highway 681, this property is zoned RMF2 for residential multifamily use. The asking price is $1,200,000. The seller provides a comprehensive package including a survey, topography study, conceptual site plan, and detailed floor plans for both two-unit and four-unit townhomes, as well as a high-density single-family site plan. This prime location offers unparalleled access to the Gulf of Mexico, making it an ideal investment for discerning developers seeking to capitalize on the area's strong demand for residential properties. The property's strategic location and the availability of detailed development plans significantly reduce the time and cost associated with project planning and approvals. This is a truly exceptional opportunity to create a thriving residential community in a highly desirable coastal location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nokomis
- County
- Sarasota
- State
- Florida
- Longitude
- -82.464307804464
- Latitude
- 27.147777864582
