0 Nonchalant Rd Port Charlotte, FL 33953
Exceptional investment opportunity in El Jobean, Florida, presents 40 residential lots totaling 4.5 acres. This prime parcel is zoned MHC (Mobile Home Conventional), allowing for the development of a mobile home community. The lots, measuring 50 x 100 feet each, are situated along Nonchalant Road, with 20 lots on each side, backing onto retention canals. Located just 12.5 miles from Englewood Beach and a short walk to Charlotte Harbor and a public fishing pier, this property offers unparalleled access to Florida's natural beauty. The area boasts a rich history, dating back to the 1920s. This offering presents a unique chance to capitalize on the growing demand for residential properties in a desirable coastal location. The property is free from HOA fees and deed restrictions, providing flexibility for development. The absence of scrub jay habitat restrictions further simplifies the development process. This portfolio includes multiple tax IDs: 402128206002, 402128206004, 402128207003, 402128206008, 402128206003, 402128206006, 402128206009, 402128206007, 402128206005, and 402128206001. The asking price for this exceptional land opportunity is $1,200,000. The property's APN is 402128206007. Ownership is held by CHINELLE ONE INVS LLC & MD HOL. This is a rare chance to acquire a substantial land holding in a prime location with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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