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Property profile & analytics
OFF-MARKET
Land

17 Saragossa Ln North Port, FL 34287

0.79 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.79-acre waterfront property in North Port, Florida, presents a unique investment opportunity for builders and developers. Located on Saragossa Lane in Sarasota County (APN 0770160015), this fee-simple land boasts RMF4 zoning, permitting the construction of multifamily dwellings such as duplexes or single-family homes. The property offers canal and lake access with stunning water and lake views, facing south. Detailed lot dimensions are 300.83x182.89x166.84x109.77. Its prime location is within walking distance of Warm Mineral Springs, adding significant appeal. The property's current use is residential. A financial analysis for building luxury duplexes and a list of RMF4 entitlements are available upon request. The possibility of connecting to public water exists, enhancing the development potential. Cash purchase only. Directions are available from both Port Charlotte and Venice. This is a truly rare opportunity to own a piece of income-producing paradise in a highly desirable location.

Property profile
Verified
Property type Land
Lot 0.79 ac (34,412 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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