1407 Manasota Beach Rd Englewood, FL 34223
- Commercial real estate
- 1.52 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1407 Manasota Beach Rd
- Lot size
- 1.52 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.52-acre commercial land parcel presents a unique investment opportunity in Englewood, Florida. Strategically located at the southeast corner of State Road 776 and East Manasota Beach Road (address: 1407 E Manasota Beach Rd, Englewood, FL 34223), this property boasts a prime location with high visibility and accessibility. Currently zoned OPI (Office, Professional, and Institutional) in Sarasota County, it is undergoing rezoning to Commercial Neighborhood, allowing for retail development, including drive-thru capabilities. The site benefits from existing infrastructure, including municipal water, natural gas, electric, and cable services, with sewer readily available. The property includes a single-family home and duplex, currently generating rental income, providing potential holding income until development commences. This high-traffic intersection sees an average annual daily traffic count of 38,500 vehicles on SR 776, serving a population of over 84,700 within a five-mile radius, with a median household income of $74,252. The property offers over 300 feet of frontage on East Manasota Beach Road and 400 feet on SR 776, including a curb cut for convenient ingress and egress. Its proximity to North Manasota Key and Manasota Public Beach (1.5 miles away) and the new Beachwalk by Manasota Key community (planned for 1,500 residences) further enhances its desirability and future development potential. The asking price for this exceptional property is $1,850,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Sarasota
- State
- Florida
- Longitude
- -82.38955539
- Latitude
- 27.02090158
