For Sale
$300,000

5400 Biscayne DrNorth Port, FL 34387

2-Acre Commercial Lot, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • $300,000 asking price.
  • 2.009-acre commercial land parcel.
  • OPI zoning (Office, Professional, and Institutional District).
  • High traffic counts: 10,900 AADT on Biscayne Drive and 33,500 AADT on Tamiami Trail.
  • Over 3% annual population growth since 2015.

Property Details for 5400 Biscayne Dr

Property type
Land
Lot Size (sq. ft)
87,512 SF

Location Insight

City
North Port
County
Sarasota
State
Florida

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5400 Biscayne Dr
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