1649 Bayshore Road
NOKOMIS, FL 34275

Description

$500,000 Price Reduction on Lucrative Bayfront Development Opportunity with seawall protected 18 Slip Boat Basin. 2.24 Acre residential parcel with 175 Bay Frontage on Blackburn Bay. Parcel zoned RMF2 (9 units / acre) so 20 units possible with approximatly 90% of parcel FEMA X500 Flood zone so build Bayfront directly on Grade - Townhomes, Stacked Townhomes, Multifamily or Single family homes or even a Single Family Estate like adjacent parcel to North. RMF2 Zoning allows one garage floor under living space with 35 maximum building height above FEMA so 2 levels above garage. Electric connected and Water and Sewer on Street and seller has sewer plans. The adjacent parcel to South sold for $4.2M in 2006 and parcel to North with a single family home sold for $4.35M in 2017 and both were significantly smaller and no Boat Basin.

Details

MLS#A4426786
Sub-TypeResale
StatusActive
Days On Site163

Features

ZoningRMF2
Acreage2.24

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Area Information

StateFL
CityNOKOMIS
Zip Code34275
Area34275 - Nokomis/North Venice
Listing VS Median (in 34275)
Price:
$4,499,000
low | high
Med:
$349,900
100% of Average
On Site:
163
low | high
Med:
171
95.321637426901% of Average
Listing Updated: 07/19/2019
MLS Number: A4426786
Listing Provided By:
Jeff Weller  of  MICHAEL SAUNDERS COMPANY

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