195 Parade Cir Rotonda West, FL 33947
This exceptional 25-acre development site in Rotonda West, Florida, presents a remarkable opportunity. Located at 195 Parade Circle, 33947, this property boasts vested zoning (CT & OMI) allowing for the construction of up to 351 residential units. The site's prime location offers easy access to a community park, multiple golf courses, grocery stores, and area retail, ensuring high desirability for future residents. Existing infrastructure includes readily available central water, sewer, and electric services with sufficient capacity to support a large multi-family project. The property's zoning allows for a density of up to 15 units per acre under CT zoning and 10 units per acre under OMI zoning, totaling 351 units. Deed restrictions and architectural guidelines exempt these parcels from most HOA regulations, streamlining the development process. Utilities are conveniently located adjacent to the site, further enhancing its appeal. This is an ideal location to develop an apartment or condo complex in a growing area of Charlotte County, Florida. The asking price is $5,265,000. Parcel IDs are available in a separate brochure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.