776 & Old Englewood RdEnglewood, FL 34223

Property Details for 776 & Old Englewood Rd

Lot size

11.86 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 11.86-acre development site presents a fully permitted opportunity to construct a 90-unit garden-style multifamily community in the thriving Englewood area of Sarasota County, Florida. Located at the intersection of SR 776 and Old Englewood Road, this prime location offers unparalleled visibility and convenient access to a wealth of amenities. The property's RMF2 zoning ensures a streamlined development process, making it an ideal shovel-ready project for investors seeking a quick return. The boutique size of the development is anticipated to facilitate a rapid lease-up period. Future residents will enjoy easy access to employment centers, retail options, healthcare facilities, dining establishments, entertainment venues, and educational institutions. Situated in one of Florida's fastest-growing markets, this site represents a compelling investment opportunity in a high-demand location along the West Coast of Florida. The property's strategic location and fully permitted status minimize development risk and maximize potential returns. This is a rare chance to capitalize on the robust growth of Sarasota County's real estate market. The site's excellent visibility from SR 776 further enhances its appeal and marketability. This is a truly exceptional opportunity for developers seeking a high-value, low-risk investment in a prime location. The property's zoning and permitting status are confirmed and readily available for review. This is a turnkey project ready for immediate development.

Location Insight

City

Englewood

County

Sarasota

State

Florida

Latitude

26.9912

Longitude

-82.3686

FAQs

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