$750,000

1999 Placida Road Englewood, FL 34223 Multi Unit - Multiple Active

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Description

This exceptional property, located in the heart of Englewood, presents a truly rare and exciting opportunity to create your ideal WATERFRONT haven or a thriving multi-use development. While it sustained damage from recent hurricanes, this simply clears the path for endless potential in renovation or a complete rebuild. This expansive 0.72-acre lot, boasting an almost unheard-of 140 feet of direct water frontage. The property currently features three small homes, two at 1,008 square feet (2 beds/1 bath) and a third at 600 square feet (1 bed/1 bath), offering a starting point for your vision. With OMI (Office, Medical, Institutional) zoning, this isn't just a residential opportunity; it's a chance to develop a unique space that serves a variety of needs. Enjoy seamless boat access with a concrete seawall and a wood dock, and just one bridge leading you to the beautiful Intracoastal Waterway. A new metal roof was installed in 2019, providing a solid foundation for your rebuilding efforts. Located in flood zone AE, the property offers excellent accessibility with two separate entrances, one on Manor Road and the other on Placida, ensuring convenience for you or your future guests. Whether you envision a luxurious private estate or a dynamic investment venture, this property provides the canvas for your grandest designs.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: None
Heating: None
Lot Size: 0.72 Acres
Roof Type: Metal
Taxes: $8,661
Year Built: 1952

General Information

Bedrooms: 5
Sqft: 2,616
County: Charlotte
High School: Lemon Bay High
Subdivision: E OF PLACIDA ROAD
Listed By:
Nicole Mantha KELLER WILLIAMS ISLAND LIFE REAL ESTATE 941-254-6467

Amenities

Other
Other

Property Features

Annual Net Income: 0.00
Days on Site: 257
Directions: Use the entrance at 1695 Manor Rd. From SR 776, take Placida Rd, turn left on Manor Rd, the property will be the first one on your right.
Exterior: Block
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 0.72
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Special View Info: Water
Units: 3
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access: Bay/Harbor, Beach, Canal - Saltwater, Creek, Gulf/Ocean, Intracoastal Waterway, Marina
Water Access Y/N: Yes
Waterfront Features: Canal - Saltwater, Creek, Seawall - Concrete
Water View: Canal, Creek
Zoning: OMI
$750,000
5beds
2,616sqft
Active
BEDS5 BATHS SQUARE FEET2,616 MLS#D6142653
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONE OF PLACIDA ROAD

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1999 Placida Road, Englewood, FL 34223.

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Estimated Payment

$ 3,470.12 per month $2,529.62 Principal & Interest $721.75 Property Tax $218.75 Homeowner's Insurance

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About this area

Florida/Englewood
Englewood

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About Englewood

Englewood is located south of Sarasota, and north of Venice. This community offers a wide variety of home styles and price ranges. It’s tucked away, yet still provides easy access to the arts and cultural amenities that make this area so popular. Nature is abundant, and with a strong school system, it’s also great place for families. One of the highlights in Englewood is Manasota Key Road. It boasts luxurious properties that are Gulf- front on one side and bay-front on the other.


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