10.99 Acres in North Port, FL - $3,400,000

Multi Family Development Opportunity currently undergoing rezoning BY THE CITY to 20 units per acre R3! A spectacular 11-acre canvas awaits the visionary developer and home builder accommodating up to 220 RESIDENTIAL UNITS! Nestled in the heart of a Community Hub without the noise and traffic but with all the amenities we have come to enjoy and expect only a mile away. Plenty of green area to enjoy suburban tranquility and convenience to US41- 3 miles or I75 only 1.8 miles away. CITY WATER ONSITE and sewer lift station to connect 1550 feet to central sewer. Fire hydrant within 75 feet. Maximum building height 70 feet. An impressive amount of road frontage 586 feet with the possibility of access on all four sides via the surrounding residential vacant lots. Expected time for completion of rezoning is 3 months. This is not an owner application rezone but a City mandated zoning change. Attached please find SURVEY and TOPO with X flood zone showing parcel to be high and dry. Not much dense undergrowth or large trees so minimal clearing and filling required. New Sarasota Memorial Hospital going in at Sumter Blvd and I75- 5.25 miles at the next interchange North. Shopping including Publix, new Aldi's, Wawa, restaurants, car services, AT&T, dental, nails, PostNet, 1 mile. Sarasota Hospital Emergency Medical, Shannon Staub Library and SunCoast Technical School 1.5 miles. I75 1.8 miles Chamberlain to Toledo Blade exit 179. Rays Baseball 5 mi and Braves 9mi. White sand Florida beaches and fishing 20-30 minutes. Between two airports; Sarasota where Allegiant is doubling its terminals and Ft Myers International; both about 45 minutes. You can't beat North Port for location and quality of life!

Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.