Prime ALF Development Site on Dearborn Street

120 E Dearborn St Englewood, FL 34223

120 E Dearborn St, Englewood, FL, 34223
120 E Dearborn St, Englewood, FL, 34223 120 E Dearborn St, Englewood, FL, 34223 120 E Dearborn St, Englewood, FL, 34223 120 E Dearborn St, Englewood, FL, 34223 120 E Dearborn St, Englewood, FL, 34223 120 E Dearborn St, Englewood, FL, 34223
FOR SALE
Property Type:
Commercial Land Development
Amount:
$4,000,000
Last Verified:
Aug 03, 2026

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Highlights

  • ±375,026 SF (±8.61 Acres)
  • Zoned CG with Englewood Business District (EBD) Overlay
  • Prime location on E Dearborn Street near S Indiana Avenue
  • Conceptual plans for a senior living campus
  • Approximately 80 independent living units
  • Approximately 120 assisted living and memory care beds
  • Over 8,000 SF of supporting commercial space
  • Coastal location near shopping, dining, and recreational amenities
  • Strong demographics and growing senior population
  • Site plan concepts available

Description

American Property Group of Sarasota, Inc. presents 120 E Dearborn St, Englewood, FL

Property Type: Commercial Land for Sale
Property Size: ±375,026 SF (±8.61 Acres)

This ±8.61-acre development site offers a rare opportunity in the heart of Englewood, strategically positioned along E Dearborn Street near S Indiana Avenue. Zoned CG (Commercial General) with the Englewood Business District (EBD) Overlay, the property provides flexibility for a variety of commercial and mixed-use development possibilities.

Conceptual plans have been prepared for a senior living campus featuring approximately 80 independent living units, approximately 120 assisted living and memory care beds, and more than 8,000 SF of supporting commercial space. These concepts offer a strong starting point for developers seeking to serve the area’s growing senior population.

The property is conveniently located near shopping, dining, healthcare, and recreational amenities, with easy access to Englewood’s coastal attractions. Site plan concepts are available upon request.

Located off of E Dearborn St close to intersection at S Indiana Ave in Englewood, FL. Coastal town offering a mix of residential and commercial developments with proximity to dining, shopping, and recreational facilities.

Building Size: 0sq ft
Lot Size: 8.61 acres


Documents

Sale Brochure 120 E Dearborn

Map of 120 E Dearborn St, Englewood, FL, 34223

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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.