Full Signalized Intersection
Land | 1.52 acres
Marketing description
1.52 Acres - Southeast corner of SR 776 (Englewood Road) and East Manasota Beach Road, Englewood, Fl 34223 containing 4 contiguous lots. Includes a residential single-family home and duplex all fully rented until new development begins. Key intersection to gain access to North Manasota Key and Manasota Public Beach 1.5 miles. East Manasota Beach Road an access road to DiVosta new home community now selling planned for 1,500 residences called Beachwalk by Manasota Key. East Manasota Beach Road to begin widening through Wellon Park to River Road to new Sarasota High School. Municipal water, natural gas, electric and cable currently on-site. Sewer available. Currently zoned OPI for office, professional and institutional in Sarasota County. Five-mile ring indicates over 84,700 population. SR 776 Average Annual Daily Traffic count of 38,500. Median Household Income $74,252. Curb cut for right-in and -out access on SR 776 with full access on East Manasota Beach Road. Over 300’ of frontage on East Manasota Beach Road and 400’ on SR 776. OPI zoning allows 30% building coverage and up to 35’ height.
Will consider a ground lease.
Investment highlights
1407 and 1409 East Manasota Beach Road Plus 2 Lots, Englewood, FL 34223
· 1.52 Acres on a traffic lighted intersection (Hard Corner).
· Located in pathway of development. New road extension being built eastbound on East Manasota Beach Road to provide access to Wellen Park and new Sarasota High School. Wellen Park is one of Americas top-rated communities and rated No. 6 fastest selling community in the U.S. through mid-2025. Wellen Park covers 11,000 acres, including 7,000 acres of undeveloped land. At full buildout, the community will have 22,000 homes and more than 60,000 residents. Go to https://wellenpark.com.
· Actual border of Venice and Englewood
· Only 1.5 miles to Manasota Key Bridge and Manasota Public Beach part of the “Shark Tooth Capital of the World.”
· Located in South Sarasota County.
· Tax Free State
· 400’ of frontage on SR776 (Englewood Road) with two curb cuts.
· 300’ of frontage on East Manasota Beach Road with two curb cuts.
· Property Type/Zoning – Land for re-development. Zoned OPI (Office, Professional and Institutional).
· Sub Type – Medical and Professional Use.
· Investment Type – Purchase and Develop.
· Tenancy – Single or Multiple units.
· Ground Lease – Potential Opportunity.
· Building Coverage – 30% (19,600 square feet).
· Height By Right – 35 Feet
· Sale Condition – For Sale by Owner/Broker.
· Traffic – SR 776 (Englewood Road) 38,500 AADT (average annual daily traffic) 2023.
· Population – 84,700 (5-mile ring).
· Median Household Income - $74,252
ASKING PRICE: $1,100,000
CONTACT: Dennis Dahm
941-809-1070
dennisdahm@outlook.com
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