Land•Multifamily•For Sale

82 Unit Multifamily Condo Site

201 E Bay Heights, Englewood, Florida 34223-4229

Sale Price $1,325,000
Sale Type Development
Zoning RMF-10
Land Area 10.46 Acres
Land Use Waterfront Condo, Multifamily of Senior Apartments
Market Englewood
Sub-Market SW Florida
Legal Descr 06 41 20 PARCEL 4-5 9.91 AC M/L A PARCEL 140 FT X 80 FT IN SW COR LT 31 ALSO LOT 32 LESS A 66 FT X 150 FT PARCEL IN SW COR OF LOT 32 ALSO A 50 FT X 160 FT TRIANGLE ADJ TO SE COR OF LOT 32 398/63 660/560 660/558 859/95 E1567/1990 2129/2021-2022 ODN2746/1237 2873/1502 2873/1503 E3041/748 4155/350 E4214/1275
Zoned MULTIFAMILY parcel that permits up to 10 units per acre. 8 of the 10 acres are usable to get up to 82 Units. Nestled along Gottfried Creek with convenient access from SR-776. Potential for condos with boat dockage and water access to nearby Lemon Bay just a short ride away. Condos could feature bonus water views of the creek and preserve in the rear as well as the bay and distant Gulf of Mexico views from the upper floors. Very close to beaches, shopping and restaurants in the rapidly growing town of Englewood. Water and Preserve Front site just off the main drag known at SR-776. Surrounded by island style residential communities, restaurants and shops.
  • Zoned Multifamily
  • Potential Boating Access
  • Close to Beach and Bay
  • Growing Area with Variety of Retail
2/24/2020 3:14:40 PM 2/24/2020 3:14:40 PM
Mike Migone
Senior Investment Advisor
SVN Commercial Advisory Group
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