Lettuce Lakes is a fully entitled 35.15± acre residential development site at 9881 & 9981 SW Lettuce Lake Avenue, Arcadia, Florida, approved for 208 townhome units. Positioned between Arcadia and Punta Gorda, the property lies in a high-growth corridor surrounded by new residential communities under development by nationally recognized homebuilders.
The site offers convenient access to U.S. Highway 17 and Interstate 75, combining regional connectivity with a quiet, natural setting. It features an active Environmental Resource Permit (ERP) and partially completed roadways with installed water and sewer lines, providing a head start for construction. The property conveys with 113 Water ERUs and 213 Wastewater ERUs, which provide utility capacity for development (additional fees apply for impact fees and connection to municipal utilities).
Zoned RMF-6 (6 units per acre), Lettuce Lakes allows single-family, multifamily, or assisted living development, supporting approximately 211 units across two parcels. All approvals are in place, offering a smooth path to construction, and the site is well-suited for developers seeking a joint venture partner.
Located less than two miles from U.S. 17 and near the Peace River, the property sits within a thriving residential corridor with active builder activity. With entitlements, infrastructure, and utilities in place, Lettuce Lakes is a shovel-ready opportunity for developers or investors looking to capitalize on Southwest Florida’s growing housing market.