Land•Multifamily•For Sale

MULTI-FAMILY SITE IN ENGLEWOOD, FL

Quails Run Blvd., Englewood, Florida 34223

Sale Price $1,365,000
Sale Type Development
Zoning RMF3 - Residential, Multifamily
Land Area 6.2 Acres
Land Use Development
MLS# 30463473
Golden opportunity to develop 80 units with VERY low land costs! This 6.2 acre site is ideally located just off S. Indiana Ave. is very close to restaurants, shopping and Lemon Bay. There are existing approved plans for a 78 unit project named Westgate Condominiums. One of the best features of this property is most of the horizontal engineering is currently in place, the cost of pulling and installing the water/sewer and life safety elements is valued at over $1,000,000. The property is very quiet and abuts a well maintained sub-division named Quail Run. The location is ripe for new development as the area has seen strong residential leasing and sales over the past 2 years. Indiana Ave. to Quails Run Blvd., the site is on Quails Run Blvd. just east of Indiana Ave.
8/14/2019 3:20:26 PM 8/16/2019 3:49:45 PM
Eric Massey
Senior Commercial Advisor
Michael Saunders & Company

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