8399 Cypress Rd, Englewood, Florida
List Price: $6,600,000
MLS Number: A4659561

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 with Seller willing to subdivide into three lots: Parcel A: 1.2 +/- Acres - $875,000 Corner Lot Retail Parcel Parcel B: 1.2 +/- Acres - $775,000 Retail Parcel Parcel C: 12.5 +/- Acres - $4,950,000 Multifamily Parcel TOTAL: $6,600,000 for Entire Site