1 RASCHE ROAD

ENGLEWOOD, FL 34224

Listing courtesy of MICHAEL SAUNDERS & CO. - BOCA · MLS# D6142920

$2,650,000

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Property Details

Lot size

2.35 acres

Zoning

MHC

Price / acre

$1,127,660

MLS#

D6142920

Listed

July 1, 2025

Description

Spectacular bay front development opportunity. Over 330 feet of direct frontage on Lemon Bay with 2.3 +/- acres, zoned MHC (Manufactured Home Conventional). Gorgeous views of turquoise waters, stunning sunsets, endless wildlife, and phenomenal fishing. Potentials for subdividing into several large waterfront homesites, or developing multi-family residences. Stump Pass Marina and Lighthouse Grill are adjacent to the north and luxury residential bay front homes adjacent to the south. Multiple road frontages being on the corner of Maryland and Waterside Drive plus and Rasche Rd that runs through the property. Utility infrastructure includes 10 water meters and hookups, as well as electric service stubbed to the site. Fantastic location with the Gulf of America just minutes away, close Manasota Key and Englewood Beach, Palm Island, historic Boca Grande, Dearborn Street district, excellent dockage next door at Stump Pass Marina, lots of big shopping and restaurants close by. Englewood is a high growth area with tremendous commercial and residential development. HW41, Venice, Sarasota, and North Port are quick, easy drives to the north.

Facts & Costs

Property type: Land
Zoning: MHC
Current use: Unimproved
Lot dimensions: 332x330x290x330
Price per acre: $1,127,660
Waterfront frontage: 330 ft
Road frontage: County Road
Road surface: Asphalt
Lot size: 2.35 acres
Days on market: 456
Waterfront: Yes
Community: Grove City
Subdivision: GROVE CITY
County: Charlotte
Flood zone: V

Monthly & yearly costs

Property taxes: $20,273 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Utilities & lot

Utilities: Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Water: Public
Lot features: Buildable, Cleared, Cul-De-Sac, Flood Plain/Bottom Land, Near Marina, Paved
View: Water

Payment Estimate

$15,089 / month

Principal & interest: $13,400
Property taxes: $1,689
HOA: $0
Home insurance: enter below

Down payment (20%)$530,000Interest rate (%)Loan termHome insurance ($/year)

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

Features & Amenities

Bay/Harbor

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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