Placida Residential Lots

PLACIDA LOTS Placida, FL 33946

PLACIDA LOTS, Placida, FL, 33946
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FOR SALE
Property Type:
Residential Land Development
Amount:
$116,500
Last Verified:
Feb 10, 2023

Highlights

  • Scattered residential lots totaling 1.6 acres
  • One of the fastest growing areas in the country
  • Convenient access to beaches and other recreational activities
  • Opportunities for single-family home development
  • RSF5 Zoning and LDR Future Land Use

Description

The Subject Properties total 1.6 Acres of vacant land in Charlotte County. This offering of scattered lots provides an opportunity for residential development. Located in the midst of growth, the Subject Properties offer the buyer and home builder access to beaches and other recreational activities. Additionally, the Subject Property is located near highways such State Road 776 and County Road 771 allowing for easy transportation throughout southwest Florida.

The Subject Properties have a zoning designation of Office, 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 Properties will be attractive to those looking to develop single-family homes.

A mixture of scattered lots in Placida, Florida, the Subject Properties are ideally located in a residential area southeast of Englewood. The surrounding area between Placida and Englewood is experiencing significant growth and development which should benefit the Subject Properties. Additionally, major retailers that include Walmart, Winn-Dixie and Home Depot are all within 6 miles of the Subject Properties. Convenient access to major highways, such as, State Road 776, 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: 1.6 acres

Map of PLACIDA LOTS, 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.