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About this home
1 Rasche Road is a home in Grove City, Englewood.
Spectacular bay front development opportunity. Over 330 feet of direct frontage on Lemon Bay with 2.3 +/- acres, zoned MHC (Manufactured Home Conventional). Gorgeous views of turquoise waters, stunning sunsets, endless wildlife, and phenomenal fishing. Potentials for subdividing into several large waterfront homesites, or developing multi-family residences. Stump Pass Marina and Lighthouse Grill are adjacent to the north and luxury residential bay front homes adjacent to the south. Multiple road frontages being on the corner of Maryland and Waterside Drive plus and Rasche Rd that runs through the property. Utility infrastructure includes 10 water meters and hookups, as well as electric service stubbed to the site. Fantastic location with the Gulf of America just minutes away, close Manasota Key and Englewood Beach, Palm Island, historic Boca Grande, Dearborn Street district, excellent dockage next door at Stump Pass Marina, lots of big shopping and restaurants close by. Englewood is a high growth area with tremendous commercial and residential development. HW41, Venice, Sarasota, and North Port are quick, easy drives to the north.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Sample: 272 closed home sales in 34224 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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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
$2,650,000
Time on market
473 days
Monthly payment
About $16,835/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $20,273 annual tax bill, insurance.
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