Here is your chance to leave a mark on Dearborn Street and Englewood! Per Sarasota County: These three lots are zoned commercial general (which allows up to 13 upperstory residential units) and, if developed, with a moderate zoning change, this property could accommodate THIRTY PLUS RESIDENTIAL UNITS! Per Sarasota County with a special exception you could portentially have 13 units Mutli family. Located in unincorporated Sarasota County in the historic Old Englewood Village District. Plus, ONE WATERFRONT PARCEL (with dock potential) is located directly on Lemon Bay! THIS IS WHERE IT IS ALL HAPPENING! Events like farmers markets and concerts, and businesses with unique shopping and dining drive street traffic to this location. Act now before this opportunity slips away!
Lot Size:
171.5 x 179.4 x 171.5 x 99.4 x 57.9 x 90
Lot Description:
Corner Lot, Historic District, City Lot, Sidewalk, Street Lights, Waterfront
2 Old Englewood ROAD, Englewood, FL, 34223
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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