Your email has been sent.
9881 & 9981 SW Lettuce Lake ave - 35± Acre Site Fully Permitted/Entitled 35 Acres of Commercial Land Offered at $5,750,000 in Arcadia, FL 34269
EXECUTIVE SUMMARY
The site offers excellent access to U.S. Highway 17 and Interstate 75, balancing regional connectivity with a quiet, natural setting. Infrastructure is already underway, including partially completed roadways and installed water and sewer lines, supported by an active Environmental Resource Permit (ERP)—providing a significant head start on development.
Zoned RMF-6 (6 units per acre), Lettuce Lakes supports single-family, multifamily, or assisted living development with the ability to accommodate approximately 211 units across the two parcels. With all approvals in place, the site offers a streamlined pathway to construction and is well-positioned for developers seeking a joint-venture opportunity.
Located less than two miles from U.S. 17 and near the Peace River, the property is surrounded by robust residential growth and active builder activity. With entitlements and infrastructure in place, Lettuce Lakes is a shovel-ready opportunity for developers or investors looking to capture demand in Southwest Florida’s expanding housing market.
ERU Note:
The property conveys with 113 Water ERUs and 213 Wastewater ERUs, which provide utility capacity for development. These ERUs require additional fees, including impact fees and municipal utility connection fees, to obtain active water and sewer capacity.
PROPERTY FACTS
| Price | $5,750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 35.00 AC |
| Property Type | Land |
| Price | $5,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 35.00 AC |
1 LOT AVAILABLE
Lot
| Price | $5,750,000 | Lot Size | 35.00 AC |
| Price Per AC | $164,285.71 |
| Price | $5,750,000 |
| Price Per AC | $164,285.71 |
| Lot Size | 35.00 AC |
Lettuce Lakes is a fully entitled 35.15± acre residential development site at 9881 & 9981 SW Lettuce Lake Avenue, Arcadia, Florida, approved for 208 townhome units. Positioned between Arcadia and Punta Gorda.
DESCRIPTION
Lettuce Lakes is a fully entitled 35.15± acre residential development site at 9881 & 9981 SW Lettuce Lake Avenue, Arcadia, Florida, approved for 208 townhome units. Positioned between Arcadia and Punta Gorda, the property lies in a high-growth corridor surrounded by new residential communities under development by nationally recognized homebuilders. The site offers convenient access to U.S. Highway 17 and Interstate 75, combining regional connectivity with a quiet, natural setting. It features an active Environmental Resource Permit (ERP) and partially completed roadways with installed water and sewer lines, providing a head start for construction. The property conveys with 113 Water ERUs and 213 Wastewater ERUs, which provide utility capacity for development (additional fees apply for impact fees and connection to municipal utilities). Zoned RMF-6 (6 units per acre), Lettuce Lakes allows single-family, multifamily, or assisted living development, supporting approximately 211 units across two parcels. All approvals are in place, offering a smooth path to construction, and the site is well-suited for developers seeking a joint venture partner. Located less than two miles from U.S. 17 and near the Peace River, the property sits within a thriving residential corridor with active builder activity. With entitlements, infrastructure, and utilities in place, Lettuce Lakes is a shovel-ready opportunity for developers or investors looking to capitalize on Southwest Florida’s growing housing market.
Presented by
9881 & 9981 SW Lettuce Lake ave - 35± Acre Site Fully Permitted/Entitled
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.