1 Rasche Road - Residential LAND FOR SALE


Englewood, FL 34224 102,366 SF
$3,450,000 USD
863-202-0439
1 Rasche Road, Englewood, FL for Sale
$3,450,000 USD
Residential LAND - FOR SALE
1/18
102,366 SF

1 Rasche Road
Englewood, FL 34224


HIGHLIGHTS

  • ±2.3-Acre Waterfront Site on Lemon Bay in the Grove City community
  • Zoned MHC (Manufactured Home Conventional), permitting up to 11 units of single-family or manufactured homes (5 units/acre)
  • Approximately 330 feet of waterfrontage with dock potential
  • Just 1 nautical mile from the Gulf of Mexico (GOA)
  • Frontage on Waterside Drive and Maryland Avenue
  • 10 water meters on-site; electric stubbed to site

OVERVIEW

Now offered for sale, this ±2.3-acre waterfront site presents a rare opportunity for owner/operators, developers, and investors seeking to capitalize on the continued growth of Florida’s Gulf Coast. Zoned MHC (Manufactured Home Conventional), the existing zoning permits up to 11 units of single-family or manufactured housing, and also allows for bed & breakfast establishments or assisted living facility uses. The subject property sits directly adjacent to the vibrant Stump Pass Marina, which is a full-service boating destination featuring 10 wet slips with fuel docking services, 244 professional dry storage slips, and the popular Lighthouse Grill & Tiki Bar—offering a scenic waterfront setting with live music and stunning sunsets. Positioned just one nautical mile from the Gulf of Mexico (GOA), the site offers approximately 330 feet of waterfrontage on Lemon Bay, with potential for dock installation. It also benefits from dual road frontage on Waterside Drive and Maryland Avenue, and is already equipped with water meters & hookups, as well as electric service stubbed to the site—an infrastructure advantage that may help reduce development lead time and cost. Located in the Grove City community of Englewood, the property is surrounded by natural beauty and a steadily growing residential base. Its proximity to Englewood Beach, Manasota Key, Stump Pass State Park, and the walkable Dearborn Street district supports a highly desirable coastal lifestyle. The continued success of nearby master-planned communities like Island Lakes at Coco Bay further reflects rising demand in this market. With its zoning, existing utility infrastructure, and premier waterfront location, this site offers a compelling investment opportunity in one of Southwest Florida’s sought-after residential growth corridors.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/ACRE

$1,468,085/AC

PRICE/SF

$34 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

2.35 AC

LAND SF

102,366 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Streets

ZONING

MHC

APN/PARCEL ID

412017451001

ASK ABOUT THIS PROPERTY

River WestMichael Saunders & CompanyMore Info
863-202-0439

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River WestMichael Saunders & CompanyMore Info
863-202-0439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.