For Sale
$1,200,000

1695 Settlers DrNokomis, FL 34275

Prime 1.35-acre residential lot near the Gulf.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.35-acre lot, located at 1695 Settlers Drive in Nokomis, Florida (zip code 34275), presents a remarkable multifamily development opportunity. Situated on the west side of Tamiami Trail, conveniently close to I-75 and Highway 681, this property is zoned RMF2 for residential multifamily use. The asking price is $1,200,000. The seller provides a comprehensive package including a survey, topography study, conceptual site plan, and detailed floor plans for both two-unit and four-unit townhomes, as well as a high-density single-family site plan. This prime location offers unparalleled access to the Gulf of Mexico, making it an ideal investment for discerning developers seeking to capitalize on the area's strong demand for residential properties. The property's strategic location and the availability of detailed development plans significantly reduce the time and cost associated with project planning and approvals. This is a truly exceptional opportunity to create a thriving residential community in a highly desirable coastal location.

Highlights

  • Prime multifamily investment opportunity near the Gulf of Mexico, with approved residential zoning.
  • High-traffic location with excellent visibility and accessibility.
  • Strong rental demand in a rapidly growing coastal market.
  • Modern amenities and updated interiors.
  • Significant potential for value appreciation.

Property Details for 1695 Settlers Dr

Property type
Land, High-rise multifamily apartments
Lot Size (sq. ft)
58,806 SF

Location Insight

City
Nokomis
County
Sarasota
State
Florida
Latitude
27.147777864582
Longitude
-82.464307804464
1695 Settlers Dr, Nokomis, Florida

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1695 Settlers Dr
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