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195 Parade cir - Rotonda West Townhouse/MF Development Site
25 Acres of Residential Land Offered at $5,265,000 in Rotonda West, FL 33947
Investment Highlights
- Mutli Family Development Opportunity
- Utilities Adjacent to Site
- Up to 351 Units
- Community Park and Golf Courses Adjacent to Property
Executive Summary
Property: 195 Parade Circle, Rotonda West, FL 33947
Land Area: 25.37 Acres - Parcel ID’s listed in brochure.
Municipality: Rotonda West, Charlotte County
Utilities: Water & sewer provided by Charlotte County Utilities (Utility map attached). FPL has power running along the property boundary. Cable is running along the property boundary.
Zoning: CT (Commercial Tourist) & OMI (Office, Medical & Institutional) - Vested multi family uses allowed: CT zoning allows up to 15 du/ac and OMI zoning allows 10 du/ac. 351 units total.
Subdivision: The properties are located in the Rotonda West subdivisions. Deed restrictions and architectural guidelines
omit these parcels from most HOA guidelines and allow developers to develop the sites to County standards within the
RMF zoning guidelines.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $5,265,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 25.00 AC |
| Price | $5,265,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 25.00 AC |
1 Lot Available
Lot
| Price | $5,265,000 | Lot Size | 25.00 AC |
| Price Per AC | $210,600.00 |
| Price | $5,265,000 |
| Price Per AC | $210,600.00 |
| Lot Size | 25.00 AC |
25+ acres in the middle of the Rotonda West community with vested zoning allowing up to 351 units. The property sits across the street from the community park and has easy access to multiple golf courses, grocery stores and area retail.
Description
OPPORTUNITY: 25+ acres in the middle of the Rotonda West community with vested zoning allowing up to 351 units. The property sits across the street from the community park and has easy access to multiple golf courses, grocery stores and area retail. Site has central water, sewer and electric available with capacity to meet large multi family project. Great opportunity to develop a townhouse, cottage or duplex type community in an underserved area of Charlotte County. Property: 195 Parade Circle, Rotonda West, FL 33947 Land Area: 25.37 Acres - Parcel ID’s listed in brochure. Municipality: Rotonda West, Charlotte County Utilities: Water & sewer provided by Charlotte County Utilities (Utility map attached). FPL has power running along the property boundary. Cable is running along the property boundary. Zoning: CT (Commercial Tourist) & OMI (Office, Medical & Institutional) - Vested multi family uses allowed: CT zoning allows up to 15 du/ac and OMI zoning allows 10 du/ac. 351 units total. Subdivision: The properties are located in the Rotonda West subdivisions. Deed restrictions and architectural guidelines omit these parcels from most HOA guidelines and allow developers to develop the sites to County standards within the RMF zoning guidelines.
PROPERTY TAXES
| Parcel Number | 412024302002 | Improvements Assessment | $0 (2023) |
| Land Assessment | $72,022 (2023) | Total Assessment | $72,022 (2023) |
PROPERTY TAXES
zoning
| Zoning Code | CT & OMI (CT & OMI zoned property with vested density for up to 351 units.) |
| CT & OMI (CT & OMI zoned property with vested density for up to 351 units.) |
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195 Parade cir - Rotonda West Townhouse/MF Development Site
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