Chamberlain Blvd North Port, FL 34286

This exceptional 10.99-acre parcel in North Port, Florida, presents a remarkable multifamily development opportunity. Currently undergoing city-mandated rezoning to R3, allowing for up to 20 units per acre, this site offers the potential to construct approximately 220 residential units. Located in a convenient community hub, the property boasts easy access to US41 (3 miles) and I-75 (1.8 miles), ensuring convenient commutes. Enjoy suburban tranquility with city water readily available onsite, and a sewer lift station within 1550 feet of central sewer connection. A fire hydrant is conveniently located within 1000 feet. The property features an impressive 586 feet of road frontage, with potential access from all four sides. The maximum building height is 70 feet. Rezoning is expected to be completed within 4-6 months. A survey and topo report confirms the parcel is in a high and dry X flood zone, minimizing site preparation needs with minimal dense undergrowth or large trees. Nearby amenities include a new Sarasota Memorial Hospital (5.25 miles), shopping centers featuring Publix, Aldi, Wawa, and various restaurants (1 mile), Sarasota Hospital Emergency Medical, Shannon Staub Library, and SunCoast Technical School (1.5 miles). Enjoy proximity to major league baseball (Rays 5 miles, Braves 9 miles), pristine beaches, and fishing opportunities (20-30 minutes), and two airports (Sarasota and Ft. Myers International, approximately 45 minutes away). The property is offered fee simple, held by an LLC, and is priced at $3,400,000 ($309,090/acre). This is a truly exceptional investment opportunity in a rapidly growing area.