Placida Residential Lot

5 Warping Ln Placida, FL 33946

5 Warping Ln, Placida, FL, 33946
5 Warping Ln, Placida, FL, 33946 5 Warping Ln, Placida, FL, 33946 5 Warping Ln, Placida, FL, 33946 5 Warping Ln, Placida, FL, 33946 5 Warping Ln, Placida, FL, 33946 5 Warping Ln, Placida, FL, 33946 5 Warping Ln, Placida, FL, 33946 5 Warping Ln, Placida, FL, 33946 5 Warping Ln, Placida, FL, 33946
FOR SALE
Property Type:
Residential Land Development
Amount:
$19,600
Last Verified:
Feb 13, 2023

Highlights

  • 0.21-Acre residential lot
  • One of the fastest growing areas in the country
  • Ideally located west of County Road 771
  • Opportunity for residential development
  • RSF5 Zoning and LDR Future Land Use

Description

The Subject Property is 0.21 Acres of vacant residential land located Charlotte County. Located in the midst of residential development, the Subject Property offers the buyer and home builder access to activities across the area. Additionally, the Subject Property is located near County Road 771 allowing for easy transportation throughout southwest Florida.

The Subject Property has a zoning designation of Residential, single-family (RSF5) with an underlying zoning and future land use (FLU) of Low Density Residential (LDR). Due to its location and zoning, the Subject Property will be attractive to those looking to develop a single-family home.

Located on Warping Lane in Placida, Florida, the Subject Property is ideally situated in the midst of residential communities and growth occurring between Rotonda and the city of Placida. The Subject Property is ideal for someone looking for the perfect place for a quiet and relaxing home isolated from the crowded city areas which are usually full of traffic and noise. Convenient access to major highways, such as County Road 771 and other thoroughfare roads makes for easy travel throughout the Charlotte MSA.

Placida has experienced significant growth since the year 2000 and is expected to experience even further explosive growth with current trends showing greater than 1,000 people moving to Florida every day. In Placida, median household incomes are up over 60% while property values have increased nearly 131% since 2000. Placida is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property.

Lot Size: 0.21 acres

Map of 5 Warping Ln, Placida, FL, 33946

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.