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About this home
5230 Placida Rd is a home in Grove City Land Co., Englewood. Flood zone X & AE - outside the FEMA high-risk areas, which keeps insurance manageable.
Rare opportunity to own a 4.90-acre parcel in Englewood, located a 1/4 mile to the south of the intersection of Winchester Blvd and Placida Rd. The site is 6 miles from the bridge to Boca Grande. Zoned Manufactured Home Conventional (MHC) with low-density residential land use allowing up to 5 units per acre. The site is prime for redevelopment and possibilities are endless for residential or commercial rezoning. This flexible zoning offers potential for up to 19 single-family or manufactured homes, subject to buyer verification with the county. The property includes a 2-bedroom, 1-bathroom single-family residence built in 1953, offering 1,000 square feet of heated living space, which also makes an excellent office space for potential commercial users. The site has been scraped and cleared making it ready for the next owner. Public water and sewer availability(currently on septic), plus electricity, cable, and internet connections, make this an appealing site for development or investment. Enjoy a prime location close to area beaches, golf courses, marinas, shopping, and dining in Englewood, Rotonda West, and Boca Grande. Buyers to verify all dimensions, zoning, and use restrictions with Charlotte County. The area is in a high growth corridor with national brand name commercial and residential developments. Tracts of land this size are becoming harder to find in Charlotte County. Survey and clean Phase 1 Environmental study available. Contact us today to schedule a showing and explore the possibilities this property has to offer.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
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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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
$1,449,000
Time on market
62 days
Monthly payment
About $8,679/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,775 annual tax bill, insurance.
Flood zone
Zone X & AE
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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