5400 Biscayne Dr North Port, FL 34287-1932
This exceptional 2.009-acre commercial land parcel is strategically located at 5400 S Biscayne Dr, North Port, FL 34387. Boasting an OPI (Office, Professional, and Institutional District) zoning designation, this property presents a remarkable opportunity for diverse development. Permitted uses include office, institutional, cultural, allied, residential, and mixed-use projects, fostering live-work environments. The site benefits from exceptional visibility and accessibility, situated along Biscayne Drive, which sees an average daily traffic count of 10,900 vehicles. Furthermore, the proximity to Tamiami Trail, with its average daily traffic of 33,500 cars, ensures significant exposure. North Port's robust growth trajectory, exceeding 3% annual population increase since 2015, projects strong future value appreciation for this investment. The flexible zoning allows for both small and large-scale developments, catering to a wide range of commercial and residential needs. This prime location and zoning flexibility make this property an attractive investment opportunity with significant potential for income generation and long-term value growth. The property's potential to accommodate a variety of uses, combined with the area's consistent growth, makes it an ideal choice for developers seeking a high-impact investment in a thriving Florida market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
OPI · North Port, FLNorth Port. Always verify with local authorities before improvements.
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.