Multifamily development opportunity in a rapidly growing Southwest Florida market. The County has confirmed a rezoning path to RMF-1/RMF-2, supporting the construction of up to two triplexes for a total of six residential units. Water and sewer handled by the city of North Port and confirmed.
Located directly on US-41, the property sits strategically between Wellen Park and Port Charlotte, two thriving residential and commercial hubs. Quick access to Interstate 75 ensures efficient regional connectivity, while proximity to Gulf Coast beaches, golf courses, hiking trails, Warm Mineral Springs, and year-round conveniences adds lifestyle appeal for future tenants or seasonal residents.
This central location in North Port aligns with sustained demand for rental housing and market appreciation, making it attractive to investors seeking both cash flow and long-term value. While the primary opportunity centers on residential multifamily development, potential OPI zoning may offer additional flexibility. Owner financing may be considered for qualified buyers.