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348 W Dearborn St 0.96 Acres of Commercial Land Offered at $2,225,000 in Englewood, FL 34223

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Investment Highlights

  • Centrally positioned on Dearborn Street in the heart of Old Englewood Village, offering unmatched visibility and charm.
  • Specialty zoning encourages mixed-use development and a traditional downtown setting.
  • Defined access from Orange Street enhances site functionality and traffic flow.
  • Ideal for boutique hotel, microbrewery, rooftop restaurant, garden deli, retail shops with residential units above, and more.
  • Approximately 150 feet of frontage along Dearborn Street with existing parking in place.
  • Mixed-use allowance supports diverse concepts such as hospitality, retail, and residential.

Executive Summary

This offering presents a unique opportunity to acquire two contiguous parcels located within a specialty zoning district designed to foster a traditional downtown environment. The property features approximately 150 feet of frontage along Dearborn Street, complemented by existing on-site parking and defined access from Orange Street. This zoning framework provides a mixed-use allowance, enabling a wide range of development concepts that blend commercial and residential uses.

Property Facts

Price $2,225,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Hotel
  • Loft or Creative Space
  • Restaurant
  • Storefront
  • Storefront, Retail or Residential
Total Lot Size 0.96 AC
Zoning CG - Commercial Lot

1 Lot Available

Lot

Price $2,225,000
Price Per AC $2,317,708.33
Lot Size 0.96 AC

Unique location with bold exposure – centrally located on Dearborn Street in the heart of Old Englewood Village. Nearly a full acre of land zoned Commercial General with mixed-use designation, positioned within the Main Street Overlay District.

Description

The site’s flexible zoning and established infrastructure create an exceptional platform for visionary projects. Potential concepts include a boutique hotel, microbrewery, rooftop dining venue, garden deli with atrium seating, or retail specialty shops with residential units above. Positioned in an X flood zone, the property offers long-term security and development confidence. This is a rare chance to secure a property that combines location, adaptability, and future growth potential. Contact us today for additional details and to schedule a walking tour of the site.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0497-15-0088
  • 0497-15-0085
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$368,368
  • Listing ID: 35276116

  • Date on Market: 3/27/2025

  • Last Updated:

  • Address: 348 W Dearborn St, Englewood, FL 34223

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