1520 S River Rd - 1520 & 0 South River Road 17.4 Acres of Residential Land Offered at $4,950,000 in Englewood, FL 34223

Featuring 1700 feet of road frontage on River Rd. This triangle shaped 17.4-acre development site is located within Sarasota County Florida’s unincorporated area. It is currently zoned OUE1 open use estate (1UNIT/5ACRE) including two structures. One is currently occupied by a residential tenant and the 2nd is unoccupied. There are 2 PID numbers 370,260 sf (8.5 acres) and 387,684 sf (8.9 acres). Located at the south end just outside of The West Villages Improvement District. The WVI District has the authority to plan, finance, construct, operate and maintain public infrastructure within Wellen Park. The district currently spans 12,444 acres within the city of North Port and unincorporated Sarasota County. Residential neighborhoods, commercial centers and the Atlanta Braves’ spring training stadium are all located within the district boundaries, as is the soon-to-be completed Downtown Wellen. The property is located next to Englewood Sports Complex which is considered one of Sarasota County's premier locations. This 136-acre sports complex features outdoor sports amenities including eight little league Fields, two senior softball fields, four soccer fields, four tennis courts, two pickleball courts, hiking trails, picnic facilities, restrooms, and two playgrounds. Citizens can call to reserve a picnic shelter located near the playgrounds. Indoor rental space includes two meeting rooms and an 11,000 square foot multipurpose/gymnasium. A fitness room available for public use with state-of-the-art treadmills and other exercise equipment plus locker rooms with showers. There are 10,763 residents in West Villages, with a median age of 64. There are 94,711 residents in the City of North Port, with a median age of 49.5. There are 21,000 residents in Englewood, with a median age of 68. The growth rate within a 5-mile ring is expected to exceed 10%. The seller will consider a rezone for commercial retail/industrial development including multifamily and could consider a cash offer as well. Priced at appraisal rate of $6.53 sf. Call listing agent Tammy Shaw for more information.