Imagine a blank canvas on over 350 feet of pristine waterfront, an incredibly rare find in Southwest Florida. This hurricane-impacted property, zoned RMF-10 (Residential Multi-Family, 10 units per acre), offers an extraordinary opportunity to rebuild and redefine your coastal dream. Currently featuring four duplexes, comprising five two-bedroom, one-bath units and three one-bedroom, one-bath units, the potential for a thriving vacation rental enterprise is immense, building on its successful history. Alternatively, envision transforming this expansive parcel into your own magnificent private waterfront paradise. With a sturdy seawall and a well-positioned dock, you'll enjoy unparalleled access to the open waters of the Intracoastal Waterway and the Gulf of Mexico, with no bridges to hinder your boating adventures. This prime location promises world-class fishing right from your backyard, stunning Gulf beaches just a short boat ride away, and an array of vibrant waterfront dining options within easy reach. While the property has sustained damage, this presents a unique chance to design and construct a property tailored to your exact specifications, capitalizing on the highly sought-after waterfront lifestyle and the RMF-10 zoning for maximum return on investment. The possibilities are truly boundless for those with vision and a desire for an exceptional waterfront existence.
Multi-familyProperty Type
1960Year Built
0.73 acresLot Size
$220Price/Sq.Ft.
Listed by Nicole Mantha• KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Contact: 941-254-6467
Bought with Nicole Mantha• KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Property offers several very unique opportunities. 1) Possibility to develop up to 7 multi-family waterfront properties with boat dockage. Can offer all the properties stunning water views 2) Current use: 8 income producing apartments, 3) Single Family - 1 spectacular estate sized lot or maybe subdivide into 2 large waterfront lots, each with their own dockage. The property currently has 4 buildings on site that have 8 apartments, a laundry facility and two separate storage sheds. Conveniently located near Merchants Crossing, shopping, marinas and Englewood Beach.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
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Style
Single Family Residential
County
Charlotte County
APN
41-20-07-486-004
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Last updated by owner on Jan 18, 2023.
CG
Commercial General District
The purpose and intent of this district is to allow general commercial activity.
Permitted uses
Include but are not limited to:
Gas station
Bank
Day care facility
Laundromat
General retail
Restaurant
Hospital / medical center
Housing-Senior
Hotel / motel
Office
May 4, 2026 • Active
Commercial remodel
Electrical
Plumbing
Remodel
Apr 23, 2026 • Final
Residential miscellaneous
Perform a renovation on a residential building.
Electrical
Plumbing
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.