Overview

Description

The Subject Property is 0.60 Acres of vacant land located on Windcrest Drive in Charlotte County. This piece of property offers the opportunity for residential development. Located on a canal that connects to the Myakka River, the Subject Property offers the buyer and home builder access to the Gulf of Mexico and excellent recreational activities. Additionally, the Subject Property is located near highways such as US-41 and State Road 776 allowing for easy transportation throughout southwest Florida.

The Subject Property has a zoning designation of Residential, single-family (RSF3.5) with an underlying zoning and future land use (FLU) of Low Density Residential (LDR). Due to its location and zoning, the Subject Property will be attractive to those looking to develop a single-family home.


Located on Windcrest Drive in Port Charlotte, Florida, the Subject Property is ideally located south of US-41 in an area of growth. The surrounding area between Port Charlotte and Englewood is experiencing significant growth and development which should benefit the Subject Property. Additionally, major retailers that include Walmart, Bealls, Home Depot, Lowe’s and Winn-Dixie are all within 5 miles of the Subject Property. Furthermore, the Subject Property is also close to parks, such as, Myakka Park and Centennial Park. Convenient access to major highways, such as, US-41, State Road 776 and other thoroughfare roads makes for easy travel throughout the Sarasota / Charlotte MSA.

Port Charlotte has experienced a population growth greater than 42% since the year 2000 and is expected to experience even further explosive growth with current trends showing great than 1,000 people moving to Florida every day. Median household incomes are up over 49% while property values have increased nearly 143% since 2000. Port Charlotte is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property.

Highlights

• 0.60 Acre residential lot
• One of the fastest growing areas in the country
• Located on a canal which offers access to the Gulf of Mexico
• Opportunity for single-family home development
• RSF3.5 Zoning and LDR Future Land Use

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