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Property profile & analytics
OFF-MARKET
Land

195 Parade Cir Rotonda West, FL 33947

25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 25 ac (1,089,000 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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