$29,900

Description

Seller financing available. Near New Sarasota Memorial Hospital on Sumter Blvd, North Port, FL. Exceptional corner frontage in a rapidly developing area of North Port. Seller has additional lots available nearby. The property is COR (Corridor) zoned, allowing for a wide range of potential uses, including medical or professional office, retail, mixed-use development, mixed-use multifamily, assisted living, daycare facilities, bed & breakfast, and more (buyer to verify specific uses). Building heights up to 100ft. Surrounded by new construction and ongoing development, this site is well positioned for builders, owner-users, or investors seeking flexibility and visibility. Conveniently located just off Sumter Blvd, with easy access to major roadways. Drone photos available. Buyer to verify zoning uses, utility availability, easements, and building requirements with the City or County. Prime COR Corridor Zoning Opportunity – High-Density Mixed-Use Potential in North Port! Unlock exceptional development flexibility with this property zoned COR (Corridor) under the City of North Port Unified Land Development Code. Strategically located along arterial roads, COR is one of the city’s most powerful and flexible zoning districts, designed for high-intensity mixed-use development. This zoning allows a maximum density of 15 units per acre, a maximum floor area ratio of 1.0, building heights up to 100 feet, and up to 70% impervious surface coverage, with no minimum lot size requirements and flexible setbacks (none in the front and rear, 50 feet on the side). The district permits high-density residential and high-intensity non-residential uses either separately or combined in true mixed-use projects. Key permitted uses include multi-family residential, hotels and resorts, retail sales and services, restaurants, bars and nightclubs, medical and dental offices, banks, personal services, offices, warehouses and wholesale, personal storage facilities, hospitals, daycare facilities, schools, places of assembly, commercial and passive recreation, theaters, museums, animal hospitals and boarding, craft breweries and tasting rooms, food truck parks, farmer’s markets, and EV charging stations, among many others. Special exception uses such as vehicle fueling stations, car washes, light industrial, and auto sales may also be possible. Residential can be mixed with commercial uses (residential limited to 65% of total FAR) and must be vertically integrated or meet horizontal mixed-use standards. This is an outstanding opportunity for developers, investors, or owner-users seeking high-density multi-family, mixed-use, hotel, medical, retail, or commercial projects along major North Port corridors. Don’t miss this rare COR opportunity!