One-of-a-kind building parcel situated on the Gulf of Mexico on the barrier island of Manasota Key in Englewood, Florida. Property is approximately 0.88 acres with a grandfathered zoning density of RMF-10 (Residential Multi-Family). Combined with the other two adjoining parcels (MLS#D5788132 and MLS#D5788133), 24 condominium units could be developed on a total of 2.44 acres. Property located in the Charlotte County section of Manasota Key and is just over 1/2 mile north of Manasota Key restaurants and the Englewood public beach. A fabulous opportunity for a developer to buy prime Gulf-front land for future land use. This is the only combined parcel of land on Manasota Key with this acreage AND zoning. There is a single-family home on each parcel which can be rented seasonally to realize income before the onset of development. This parcel MUST be sold with the adjoining two parcels for a total of $8.55 million. Manasota Key is one of the Gulf coast's best kept secrets; a fascinating barrier island where there are no high-rises, no traffic lights and pristine beaches. Centrally located between Tampa and Ft Myers and just 30 miles from the arts and cultural attractions of Sarasota. Brokered And Advertised By: GULF REALTY & ASSOCIATES II Listing Agent: FRANK CHAPPELL
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