Property
ActiveLand
1/4
$5,950,000

8399 CYPRESS ROAD

Englewood, FL 34224
0
Beds
0
Baths
0
SqFt
5
Acres
STELLAR
#A4659561
Updated: Mar 18, 2026, 10:23am

Property Description

Located in the beautiful Englewood, Florida area lies this 15 +/- Are development site with frontage on the new Winchester Boulevard Extension. This new extension is the north-south connector bisecting historic Englewood from Englewood East and Rotonda as a new Central Boulevard. It provides access to South River Road (connecting to Interstate-75) and Placida Road to the south giving access to the world-famous Boca Grande.

This offering consists of one to three parcels for development into retail, multi-family, or both. Opportunities consist of either purchasing the entire site for retail development as it is already zoned CG - Commercial General, or multifamily development under the Florida Legislature's Live Local Act allowing multi-family development without a rezoning provided certain affordable housing criteria are met.

Seller will also subdivide as two 1.2 +/- Acre future corner retail development sites with frontage on Winchester Boulevard and one 12.6 +/- Acre site that could be used for Multi-Family Development with partial frontage on Winchester Boulevard and partial frontage on the future Cypress Road.

The multi-family residential site is located in an area that can utilize the Residential live local zoning allowing for apartments or a build-to-rent community on the site. Recent revisions to Live Local in 2025 assures that Charlotte County's "Transfer Density Unit" program does not impair implementation of the Live Local Act.

The 1.2+/- acre retail sites at the corner of Winchester Boulevard and Cypress Road could have the potential to be at a future traffic light. The lots are zoned Commercial General (CG) allowing for a variety of uses including Bank, Pharmacy, Gas Station, Retail, Car Wash, Restaurant, among others.

15 +/- total acres with Seller willing to subdivide into three lots:
Parcel A: 1.2 +/- Acres - $875,000 Corner Lot Retail Parcel
Parcel B: 1.2 +/- Acres - $775,000 Retail Parcel
Parcel C: 12.5 +/- Acres - $4,950,000 Multifamily Parcel
TOTAL: $6,600,000 for Entire Site

Property Details

Site & Exterior
Current Use
Residential
Flood Zone Code
X500
I D X Participation
Yes
Lot Size Acres
5
Lot Size Area
5
Lot Size Dimensions
650 x 1310
Lot Size Square Feet
217800
Lot Size Units
Acres
Number Of Lots
3
Public Survey Range
20
Public Survey Section
21
Road Surface Type
Asphalt
Total Acreage
10 to less than 20
Utilities
Electrical NearbyWater Nearby
Zoning
CG
Financials
Additional Parcels
Yes
Additional Parcels Description
412021226010, 412021226001
Calculated List Price By Calculated Sq Ft
27.32
Contract Status Change Date
2025-07-21
Current Price
5950000
Feed Types
BBO
Owner Name
SALTWATER PLAZA LLC
Ownership
Fee Simple
Parcel Number
412021226011
Price Per Acre
1190000
Public Survey Township
41
Tax Annual Amount
5756
Tax Book Number
1-11
Tax Legal Description
ZZZ 214120 LT9 21 41 20 E1/2 LOT 9 5 AC. M/L SUB E1/2 OF NE1/4 480/877 AFF2508/312-FEM PR04-1641-FLM 2529/1220 PR04-1642-ABM 2529/1222 PR04-1643-AM 2529/1224 PR04-1644-FJM 2529/1247 2540/2079 2615/907 3333/109
Tax Lot
9
Tax Year
2024
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34224 - Englewood
S W Subdiv Community Name
Not Applicable
Listing provided courtesy of STELLAR via IDX. Updated: Mar 18, 2026, 10:23am.
Tony Veldkamp, CCIM

Listing Agent

SVN COMMERCIAL ADVISORY GROUP

Call Agent