$375,000

Description

Beautiful estate sized lot close to Dearborn Street – just steps from the shops, restaurants, and historic charm of downtown Englewood! This 2.21-acre East lot (PID 0497080009) is available individually or together with the adjoining 1.48-acre lot (PID 0497080008), totaling approximately 3.69 acres across two existing parcels. Both parcels have potential to be divided into two lots each along a west-east line, as outlined in available Sarasota County correspondence, subject to County approval. Site plans exist for a 16-villa community across the combined acreage, with prior approval that remained valid through 2023. These plans and the prior approval history provide valuable groundwork for a builder or investor interested in pursuing a boutique residential community near downtown. Buyers should verify current requirements and the process for renewing or obtaining development approvals with Sarasota County. Located on New York Avenue, this approximately 2.21-acre lot is zoned RSF3, has no HOA, and is walking distance from an A-rated Englewood Elementary School. Whether pursuing a private estate home, potential parcel splits, or the previously approved villa development across the combined acreage, buyers have multiple options to explore. A rare opportunity to secure residential acreage steps from downtown Englewood’s historic district. .