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370 Pine Street
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PRICED AT ONLY: $1,850,000

Address: 370 Pine Street, ENGLEWOOD, FL 34223

Description

We 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.

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  • MLS#: A4673270 ( Land )
  • Street Address: 370 Pine Street
  • Viewed: 9
  • Price: $1,850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 5
  • Acreage: 7.50 acres

Description

We 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: None
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: City Street
  • Sewer: None
  • Utilities: Electrical Nearby, Sewer Nearby, Water Nearby
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Residential
  • Legal Description: LOT 620 LESS E 7 FT ENGLEWOOD GARDENS UNIT 2
  • Area Major: 34223 - Englewood
  • Parcel Number: 0853160003
  • Zoning Code: RMF2
Nearby Subdivisions
Alameda Isles   Artist Acres   Bartlett Sub   Bay Vista Blvd Add 03   Bayside   Boca Royale   Brook To Bay   Deercreek Park   East Englewood   Englewood   Englewood Gardens   Englewood Gardens 01 14a Pt O   Englewood Isles   Englewood Isles Sub   Englewood Of   Englewood Shores   Galleons Reach   Galleons Reach Corr   Grove City   Grove City Land Companys Sub   Gulf Bay Coop   Gulf Ridge Sub   Gulfside   Harter Sub   Lammps 1st Add   Lemon Bay Estates   Longlake Estates   Manor   Mariners Lndg A   Morris Indust Park   Not Applicable   Palm View   Pineland Sub   Point Pines   Polynesian Village   Riverview Mobile Estates   S J Chadwicks   Scotts Junglewood Bch Club   Sj Laura E Chadwicks   Sunset Bay  
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