776 & Old Englewood Rd Englewood, FL 34223
- Land
- 11.86 lot acres
Current Use by Public Records
- Land
Property Details for 776 & Old Englewood Rd
- Lot size
- 11.86 lot acres
- Property type
- Land
Description
This exceptional 11.86-acre development site presents a fully permitted opportunity to construct a 90-unit garden-style multifamily community in the thriving Englewood area of Sarasota County, Florida. Located at the intersection of SR 776 and Old Englewood Road, this prime location offers unparalleled visibility and convenient access to a wealth of amenities. The property's RMF2 zoning ensures a streamlined development process, making it an ideal shovel-ready project for investors seeking a quick return. The boutique size of the development is anticipated to facilitate a rapid lease-up period. Future residents will enjoy easy access to employment centers, retail options, healthcare facilities, dining establishments, entertainment venues, and educational institutions. Situated in one of Florida's fastest-growing markets, this site represents a compelling investment opportunity in a high-demand location along the West Coast of Florida. The property's strategic location and fully permitted status minimize development risk and maximize potential returns. This is a rare chance to capitalize on the robust growth of Sarasota County's real estate market. The site's excellent visibility from SR 776 further enhances its appeal and marketability. This is a truly exceptional opportunity for developers seeking a high-value, low-risk investment in a prime location. The property's zoning and permitting status are confirmed and readily available for review. This is a turnkey project ready for immediate development.
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
- Englewood
- County
- Sarasota
- State
- Florida
- Longitude
- -82.3686
- Latitude
- 26.9912
