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8399 Cypress Rd 1.2 - 12.5 Acre Commercial Land Lots Offered at $775,000 - $4,950,000 Per Lot in Englewood, FL 34224
INVESTMENT HIGHLIGHTS
- 15 +/- total acres with Seller willing to subdivide into three lots:
- Full Access median with turn lanes in place for the future Cypress Road
- Newly updated Live Local Act would permit multifamily units by-right on this property making it viable for apartments or a build-to-rent community
- Frontage on Cypress Road and Winchester Boulevard
- Development of this property could warrant a future traffic light at the intersection
- Seller also willing to parcel out two smaller General Commercial lots, which allow for a variety of uses
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $775,000 - $6,600,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 3 | Total Lot Size | 14.90 AC |
| Property Type | Land | ||
| Zoning | CG - Commercial General with Live Local options | ||
| Price | $775,000 - $6,600,000 |
| Sale Type | Investment |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 14.90 AC |
| Zoning | CG - Commercial General with Live Local options |
3 LOTS AVAILABLE
Lot A
| Price | $875,000 | Lot Size | 1.20 AC |
| Price Per AC | $729,166.67 |
| Price | $875,000 |
| Price Per AC | $729,166.67 |
| Lot Size | 1.20 AC |
Corner Retail Lot with Proposed Full Access
Lot B
| Price | $775,000 | Lot Size | 1.20 AC |
| Price Per AC | $645,833.33 |
| Price | $775,000 |
| Price Per AC | $645,833.33 |
| Lot Size | 1.20 AC |
Retail Lot with Proposed RI/ RO Access
Lot C
| Price | $4,950,000 | Lot Size | 12.50 AC |
| Price Per AC | $396,000.00 |
| Price | $4,950,000 |
| Price Per AC | $396,000.00 |
| Lot Size | 12.50 AC |
MultiFamily Site
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.
PROPERTY TAXES
| Parcel Number | 412021226011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $138,897 |
PROPERTY TAXES
Presented by
8399 Cypress Rd
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