- MLS#: A4673270 ( Land )
- Street Address: 370 Pine Street
- Viewed: 24
- Price: $1,850,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 13
- Additional Information
- Geolocation: 26.9542 / -82.3371
- County: SARASOTA
- City: ENGLEWOOD
- Zipcode: 34223
- Subdivision: Englewood Gardens
- Provided by: SVN COMMERCIAL ADVISORY GROUP
- Contact: Tony Veldkamp, CCIM
- 941-387-1200
- DMCA Notice
-
DescriptionWe are pleased to present this exceptional 7.5 +/ acre residential development site, located in central Englewood close to the downtown village area of Dearborn Street. Pine Street is a North South Connector Road between Dearborn Street and South McCall Road which offer traffic counts of 16,800 and 34,500 respectively. This incredible opportunity is already zoned Residential Multifamily 2 (RMF 2) and is ideal for the development of up to 67 residential units, or up to a 270 bed Assisted Living Facility. There is potential to rezone to RMF 3 for up to 97 multifamily units, with potential to utilize Sarasota County's "Half Unit" calculation of 750 SF maximum to allow for additional units. This site is very close to all amenities in the area including Publix shopping centers on the retail corridor along Highway 776, numerous Gulf beaches and golf courses, HCA Englewood Hospital, Englewood YMCA, and Cool Today Park (Spring Training Home of the Atlanta Braves). Additionally several residential neighborhoods are coming soon to the surrounding area that include Generations Englewood a 306 unit apartment community by Kaplan Residential, Shores at Stillwater a 255 lot single family subdivision by Pulte Homes, and Sandpiper Pointe an 85 lot Single Family Subdivision by M/I Homes.
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
- Covered Spaces: 0.00
- Living Area: 0.00
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Water Source: None
- Carport Spaces: 0.00
- Road Frontage Type: City Street
- Sewer: None
- Utilities: Electrical Nearby, Sewer Nearby, Water Nearby
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
- Country: US
- Current Use: Residential
- Legal Description: LOT 620 LESS E 7 FT ENGLEWOOD GARDENS UNIT 2
- Area Major: 34223 - Englewood
- Parcel Number: 0853160003
- Views: 24
- Zoning Code: RMF2
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- DMCA Notice
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