246+ ACRE WATERFRONT DEVELOPMENT TRACT

Vacant Land for Sale
Catylist Listing ID: 15217184
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 246 Acres
Sale Price: $12,300,000
Unit Price: $50,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/27/2017

Overview / Comments

246+ acre waterfront residential site located just north of South Gulf Cove in the Cape Haze area. Property fronts on the deep-water Butterford Waterway with direct sailboat access to the Myakka River and Gulf of Mexico. Unlimited potential for an upscale waterfront development. Preliminary plan approval for a compact growth mixed-use community. Base density of 492 units with up to 10 du/ac.

Utilities at or adjacent to the site with capacity to meet expanded development. Site has minimal wetlands. Over 10,000 linear feet of sailboat access waterfront.

Attachments & Media

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Submarket/Township: Port Charlotte
Tax ID/APN: 412110100001
Zoning: RSF2 & CGMU
Market Type: Medium
Zoning Description: Residential zoning with comp plan to extend up to 10 du/ac.
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,338 34,237
Median Age: 55.85 53.38
Households: 3,285 15,285

Contact

Photograph of Listing Agent

Sage N. Andress P.A. , ALC, CCIM

Sunmark Realty, Inc. FGCAR CIE Member

Source

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