$187,000
$224,900
16.9%For more information regarding the value of a property, please contact us for a free consultation.
3.4 Acres Lot
SOLD DATE : 11/02/2020
Key Details
Sold Price $187,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Rotonda Lakes Un 02
MLS Listing ID D6110816
Sold Date 11/02/20
HOA Fees $15/ann
HOA Y/N Yes
Annual Tax Amount $928
Lot Size 3.400 Acres
Acres 3.4
Lot Dimensions 550x275
Property Description
OVER 3.4 ACRES!! RMF-15 ZONING! Public water/ Sewer/ Power/ Cable/ Etc. all in place. Cleared, level land, All approved for 51 units!! Total of 5 huge multifamily lots combined, all set up for a big, cash producing development in the heart of Englewood and Rotonda. All 5 addresses are...321 Ingram, 36 Decorore , 34 Decorore , 32 Decorore, and 30 Decorore. Perfect for 55 and older apartments or condominium community, seasonal rental units, affordable housing, etc. Less than $4500 per unit cost. Charlotte county claims it will work with developer, and possibly finance and subsidize rent for 10 year affordable housing project. May also discount impact fees! The location is PERFECT for any type development, roads, utilities all in place, quick access to anywhere in Englewood, minutes to Boca Grande, Rotonda, Publix, South Gulf Cove, and across street from new Dollar General. Walk to shopping, subdivision parks, bike path, and local restaurants. So many possible opportunities. Everything in place to make this one fantastic opportunity for the astute investor/builder/developer. Real money maker!!
Location
State FL
County Charlotte
Community Rotonda Lakes Un 02
Zoning RMF15
Exterior
Community Features Deed Restrictions
Utilities Available Fire Hydrant, Sewer Available, Street Lights, Telephone Nearby, Water Available
Amenities Available Park
Building
Lot Description Corner Lot, Fire Hydrant, Irregular Lot
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Schools
Elementary Schools Myakka River Elementary
Middle Schools L.A. Ainger Middle
High Schools Lemon Bay High
Others
Pets Allowed Yes
HOA Fee Include Common Area Taxes,Maintenance Grounds,Management
Ownership Fee Simple
Monthly Total Fees $15
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Special Listing Condition None
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