Key Features
💡 Price recently reduced — this could be a great opportunity to negotiate.
- Lot Size
- 7.5 acres
- Lot Sqft
- 326,700 sqft
Coast 2 Coast Home Realty
Licensed Florida Realtors
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Buyer Insights
Here's what we know about this listing.
Why this home stands out
- Price reduced 32% ($600,000 off original)
- 194+ days on market — seller may be motivated
Buyer Insights are informational only — always verify with your agent.
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.
- City
- ENGLEWOOD
- Subdivision
- ENGLEWOOD GARDENS
- County
- Sarasota
- Zip Code
- 34223
- Community
- Not Applicable
Neighborhood
Map unavailable
- Type
- Land
- Living Area
- —
- Construction
- —
- Roof
- —
- Flooring
- —
- Pool
- None
- HOA
- None
- Electrical Nearby
- Sewer Nearby
- Water Nearby
- Bedrooms
- —
- Bathrooms
- 0
- Year Built
- —
- Construction
- —
- Flooring
- —
- Roof
- —
- Garage Spaces
- 0
- Cooling
- —
- Heating
- —
- Waterfront
- No
- Pet Restrictions
- —
- Lot Size
- 7.5 acres
- Senior Community
- —
- Building Elevator
- —
- Pet Size
- —
- # of Pets
- —
- Max Pet Weight
- —
- Tax Year
- 2024
- Annual Tax Amount
- $3,773
- Est. Mortgage
- $6,321
- HOA Fee
- $0
- Est. Property Tax
- $314
- Est. Insurance
- $417
* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.