Residential Development - ENGLEWOOD, FL
Unique Opportunity for waterfront residential development on Ainger Creek in Englewood, FL. 31 Acres consisting of 6 parcels. Approx 2750' of creek frontage with boating access to Lemon Bay. Preliminary Plat Approved for 26 single family waterfront lots and 96 interior lots with special exception for cluster housing. Each waterfront lot can have individual boat dock. Cluster docks can be installed in lagoon for interior units. County DRC, DEP and SWFWMD permits are approved. Army Corps of Engineer permit currently being modified from 'on-site' to 'off-site' mitigation to further benefit development. Water and electric are to site along Lampp Dr. Sewer connection at Pine St. Englewood Beach is 7 minutes by car. Stump Pass is 20 minutes by boat. Complete interior infrastructure for property is estimated at $2.1M with 15% reserve resulting in developed lot price of $44,300 each.
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