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Investment Highlights:
Portfolio of 302 lots, many contiguous, all fully platted
Several lots with water views
Take advantage of infrastructure work already completed - water and sewer to lots
Roads and utilities are already in place for the planned development
Located in the heart of picturesque Cape Haze Aquatic Preserve
Better than average home price increases in Charlotte County
Easily accessible from I-75 on the west coast of Florida
Investment Overview:
Rotonda Springs is an approved development of 302 contiguous platted lots in Rotonda Springs, a planned community with several waterfront lots in Charlotte County Florida.
Rotonda Springs, which consists of 15 parcels is conveniently located several minutes from the Gulf of Mexico and surrounded on three sides by Cape Haze Aquatic Preserve in southwest Charlotte County Florida. All roads and infrastructure like water/sewer lines have already been installed to the lots. Most of the lots in this offering are 80' X 100' and are near grade. There are approximately 50 waterfront lots and s
There are approximately 50 waterfront lots and several lots that are environmentally sensitive. According to documentation provided by the seller, there are no known adverse easements, restrictions, encumbrances, leases, reservation, covenants, contracts, declarations, special assessments, ordinances, or other items of a similar nature. However, the prospective buyer is advised to perform his/her own due diligence on all concurrency and land entitlement matters.
The local area is a strong residential development market with current single family home projects coming out of the ground from the likes of D.R. Horton, Pulte, Lennar, WCI, Divosta, and Adam's. According to the April 2017 Southwest Florida Regional Economic Indicators printed by Florida Gulf Coast University, Charlotte County home prices increased 5.7 percent year over year. Rotonda Springs is located along two-lane, local roadways in the Rotonda Springs subdivision with access provided by Gasparilla Road, which is a two-lane arterial roadway. The Property is about 30 minutes from Interstate 75 and an hour from Fort Myers.
Rotonda Springs is an opportunity for a builder/developer to offer a product line and price point
