8399 CYPRESS RD, ENGLEWOOD, FL, 34224
Key Features
💡 Price recently reduced — this could be a great opportunity to negotiate.
- Lot Size
- 5 acres
- Lot Sqft
- 217,800 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 17% ($1,100,000 off original)
- 365+ days on market — seller may be motivated
Buyer Insights are informational only — always verify with your agent.
Located in the beautiful Englewood, Florida area lies this 15 +/- Are development site with frontage on the new Winchester Boulevard Extension. This new extension is the north-south connector bisecting historic Englewood from Englewood East and Rotonda as a new Central Boulevard. It provides access to South River Road (connecting to Interstate-75) and Placida Road to the south giving access to the world-famous Boca Grande. This offering consists of one to three parcels for development into retail, multi-family, or both. Opportunities consist of either purchasing the entire site for retail development as it is already zoned CG - Commercial General, or multifamily development under the Florida Legislature's Live Local Act allowing multi-family development without a rezoning provided certain affordable housing criteria are met. Seller will also subdivide as two 1.2 +/- Acre future corner retail development sites with frontage on Winchester Boulevard and one 12.6 +/- Acre site that could be used for Multi-Family Development with partial frontage on Winchester Boulevard and partial frontage on the future Cypress Road. The multi-family residential site is located in an area that can utilize the Residential live local zoning allowing for apartments or a build-to-rent community on the site. Recent revisions to Live Local in 2025 assures that Charlotte County's "Transfer Density Unit" program does not impair implementation of the Live Local Act. The 1.2+/- acre retail sites at the corner of Winchester Boulevard and Cypress Road could have the potential to be at a future traffic light. The lots are zoned Commercial General (CG) allowing for a variety of uses including Bank, Pharmacy, Gas Station, Retail, Car Wash, Restaurant, among others. 15 +/- total acres for $5,500,000. Seller will also consider subdividing; Parcel A: 1.2 +/- Acres - $775,000 Corner Lot Retail Parcel Parcel B: 1.2 +/- Acres - $675,000 Retail Parcel Parcel C: 12.5 +/- Acres - $4,500,000 Multifamily Parcel
- City
- ENGLEWOOD
- Subdivision
- —
- County
- Charlotte
- Zip Code
- 34224
- Community
- Not Applicable
Neighborhood
Map unavailable
- Type
- Land
- Living Area
- —
- Construction
- —
- Roof
- —
- Flooring
- —
- Pool
- None
- HOA
- None
- Electrical Nearby
- Water Nearby
- Bedrooms
- —
- Bathrooms
- 0
- Year Built
- —
- Construction
- —
- Flooring
- —
- Roof
- —
- Garage Spaces
- 0
- Cooling
- —
- Heating
- —
- Waterfront
- No
- Pet Restrictions
- —
- Lot Size
- 5 acres
- Senior Community
- —
- Building Elevator
- —
- Pet Size
- —
- # of Pets
- —
- Max Pet Weight
- —
- Tax Year
- 2024
- Annual Tax Amount
- $5,756
- Est. Mortgage
- $27,811
- HOA Fee
- $0
- Est. Property Tax
- $480
- Est. Insurance
- $1,833
* 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.