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5400 S Biscayne Dr
North Port, FL 34287

5400 S Biscayne Drive · Land For Sale · 2.01 AC

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Investment Highlights

Average daily traffic of 10,900 cars on Biscayne Drive
Over 3% population growth each year since 2015

Average daily traffic of 33,500 cars on Tamiami Trail
Zoned OPI(Office, Professional and Institutional District)

Executive Summary

The combination of an ideal location, flexible zoning use and a need for multiple types of development in this area make this property very attractive. Zoned OPI(Office, Professional and Insititutional District) this property permits both small and large-scale office, institutional, cultural, and allied uses along with residential use, including upper story residential dwelling units, in order to promote live-work and mixed use opportunities within the area. The growth projections of this location should allow this property to experience overall value growth while producing income from the type of structure that is developed.

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Retail Office Strip Center
Property Type	Land	Total Lot Size	2.01 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office Strip Center
Total Lot Size	2.01 AC

1 Lot Available

Lot

Price	$300,000	Lot Size	2.01 AC
Price Per AC	$149,349

Price	$300,000
Price Per AC	$149,349
Lot Size	2.01 AC

These two lots are located adjacent to one another on S Biscayne Drive just north of US-41. The total acreage of the combined parcels is 2.009 acres.

Description

Located in the heart of the largest and fastest growing city in Sarasota County, this property location is just north of US-41/Tamiami Trail. Located adjacent to a dense residential area of North Port, these parcels have endless potential. With residential and commercial developers continuing to flock to the City of North Port, growth rates over 3% are expected to be the norm for the foreseeable future.

PROPERTY TAXES

Parcel Numbers	Multiple 0996-00-2912 0996-00-2913	Improvements Assessment	$0
Land Assessment	$144,800	Total Assessment	$144,800

PROPERTY TAXES

Parcel Numbers

Multiple

0996-00-2912
0996-00-2913

Land Assessment

$144,800

Improvements Assessment

Total Assessment

$144,800

zoning

Zoning Code	OPI
OPI

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Listing ID: 13938133
Date on Market: 10/2/2018
Last Updated:
Address: 5400 S Biscayne Dr, North Port, FL 34287

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