8399 Cypress Rd, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot217,800 sqft

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About this home

8399 Cypress Rd is a home Englewood. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Located in the beautiful Englewood, Florida area lies this 15 +/- Are development site with frontage on the new Winchester Boulevard Extension. This new extension is the north-south connector bisecting historic Englewood from Englewood East and Rotonda as a new Central Boulevard. It provides access to South River Road (connecting to Interstate-75) and Placida Road to the south giving access to the world-famous Boca Grande. This offering consists of one to three parcels for development into retail, multi-family, or both. Opportunities consist of either purchasing the entire site for retail development as it is already zoned CG - Commercial General, or multifamily development under the Florida Legislature's Live Local Act allowing multi-family development without a rezoning provided certain affordable housing criteria are met. Seller will also subdivide as two 1.2 +/- Acre future corner retail development sites with frontage on Winchester Boulevard and one 12.6 +/- Acre site that could be used for Multi-Family Development with partial frontage on Winchester Boulevard and partial frontage on the future Cypress Road. The multi-family residential site is located in an area that can utilize the Residential live local zoning allowing for apartments or a build-to-rent community on the site. Recent revisions to Live Local in 2025 assures that Charlotte County's "Transfer Density Unit" program does not impair implementation of the Live Local Act. The 1.2+/- acre retail sites at the corner of Winchester Boulevard and Cypress Road could have the potential to be at a future traffic light. The lots are zoned Commercial General (CG) allowing for a variety of uses including Bank, Pharmacy, Gas Station, Retail, Car Wash, Restaurant, among others. 15 +/- total acres for $5,500,000. Seller will also consider subdividing; Parcel A: 1.2 +/- Acres - $775,000 Corner Lot Retail Parcel Parcel B: 1.2 +/- Acres - $675,000 Retail Parcel Parcel C: 12.5 +/- Acres - $4,500,000 Multifamily Parcel

The essentials

On market
446 days
Annual tax
$5,756
Flood zone
X500 · Low risk
Lot
217,800 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$31,915/mo
Down payment (20%)
$1,100,000
Property taxes
$480/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
217,800 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
446
Flood Zone X500
Annual Tax (2024)
$5,756
Parcel #
412021226011

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County
Charlotte
MLS Area
34224 - Englewood
Lot Size
217,800 sqft

Price history

Date
Event
Price
7/21/2026
Price change
Source: Stellar MLS #A4659561
$5,500,000-7.6%
-
Price change
Source: Stellar MLS #A4659561
$5,950,000-9.8%
7/21/2025
Listed for sale
Source: Stellar MLS #A4659561
$6,600,000

Neighborhood

8399 Cypress Rd
Englewood, FL, 34224 · 34224 - Englewood

Calculator

Est. monthly payment
$31,914/mo
Principal & interest$28,685
Property taxes$480
Insurance$2,750
Down payment20% · $1,100,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$5,500,000

Time on market

446 days

Monthly payment

About $31,915/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,756 annual tax bill, insurance.

Flood zone

Zone X500

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered bySVN COMMERCIAL ADVISORY GROUPListing agent: Tony Veldkamp, CCIMListing data from Stellar MLS, MLS# A4659561.

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