8399 CYPRESS ROAD
ENGLEWOOD, FL 34224
Listing courtesy of SVN COMMERCIAL ADVISORY GROUP · MLS# A4659561
Property Details
Description
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
Facts & Costs
- Property type
- Land
- Zoning
- CG
- Current use
- Residential
- Lot dimensions
- 650 x 1310
- Price per acre
- $1,100,000
- Road surface
- Asphalt
- Lot size
- 5 acres
- Days on market
- 437
- Waterfront
- No
- County
- Charlotte
- Flood zone
- X500
Monthly & yearly costs
- Property taxes
- $5,756 / year (2024)
As reported by the listing agent. Verify with the HOA and county.
Utilities & lot
- Utilities
- Electrical Nearby, Water Nearby
Payment Estimate
$28,291 / month
- Principal & interest
- $27,811
- Property taxes
- $480
- HOA
- $0
- Home insurance
- enter below
Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.
Location
Information deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID
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