3880 El Jobean Rd - Residential LAND FOR SALE
Port Charlotte, FL 33953 | 357,723 SF
$2,200,000 USD
754-255-6993
3880 El Jobean Rd
Port Charlotte, FL 33953
HIGHLIGHTS
- 117 Units (15 Units/Acre) Allowed By Right With Live Local Act
- 480' Frontage on Primary Route to the Beach (FL 776) With 40K+ VPD
- 20% Population Increase Expected By 2030 in Charlotte County From 210K in 2024 to 252K in 2030
- Located in a DDA, Providing a 30% Basis Boost on LIHTC Developments
- 2,000 Unit Affordable Housing Deficit in Charlotte County
- Expedited Permitting, Impact Fee Waivers, Density Advantages, Utilities Connection Subsidies and More Incentives Offered Through Charlotte County HOME
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the Affordable Housing Development Site Located at 3880 El Jobean Road in Port Charlotte, FL. This Deal Includes a 7.8 Acre Site With 480’ of Frontage on El Jobean/FL 776 (40K+ VPD) and Favorable Commercial General Zoning Permits With a Plethora of Potential Uses, Providing For a Secured Investment. Located in a DDA, Providing a 30% Basis Boost on LIHTC Developments.
FOR SALE DETAILS
PRICE
$2,200,000 USD
PRICE/ACRE
$267,894/AC
PRICE/SF
$6 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Affordable Housing Development Site
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Residential
LAND PROPOSED USE
Commercial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd, Auto Dealership, Auto Repair, Auto Salvage Facility, Bank, Bar, Baseball Field, Bowling Alley, Car Wash, Convenience Store, Day Care Center, Drug Store, Fast Food, General Freestanding, Health Care, Health Club, Hold for Development, Hold for Investment, Hotel, Manufactured Homes/Mobile Home Park, Medical, Motel, Movie Theater, Movie/Radio/TV Studio, Neighborhood Center, Parking Lot, Self-Storage, Service Station, Single Family Development, Specialty/Festival/Entertainment, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Strip Center, Supermarket, Trailer/Camper Park, Truck Stop, Amusement Park, Single Family Residence
LAND ACRES
8.21 AC
LAND SF
357,724 SF
OFFSITE IMPROVEMENTS
-
ZONING
CG
APN/PARCEL ID
402121481002
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754-255-6993
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