1293 Commerce Street $18,000,000

Developer Ready "Shovel Ready" commercially zoned 100 +/- acres in desirable location. County Approval in place for SFH Development or combination Assisted Living Facility and Multi Family Apartments w/ 40-60 acres left over for future development. Huge Commercial Development Land Opportunity with several county approved options, ALF, multi-family, SFH and townhome development. Property is cleared, 19 acre man made lake, survey available, and several adjacent lots acquired by owner and included in sale. Located in central Port Charlotte Per the County approval docs (2 different docs) list: ALF in nine (9) 5-story buildings -or- 1,260 bed ALF in three (3) 5-story buildings on 9.68 acres 332 multifamily units in two (2) 5 story buildings on 21.10 acres Remaining acreage of approximately 40 acres for future allowable projects -or- Remaining acreage of approximately 64 acres (or more with extra lots) for future allowable projects. Owner also has approval and created example residential community development totaling 328 units (144 SF & 78 Villas & 106 Condos). Agent see Confidential Remarks.

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