22901 Bayshore Rd - Bayshore Road Multi-Family

Excellent location in Port Charlotte along Bayshore Road. In area of new growth including Sunseeker Resort, the proposed Harpoon Harry’s Restaurant and Shops across from the property, Whiskey Joe’s Restaurant on Charlotte Harbor at US 41 and other planned residential developments in the area. 8.3 acres of land with extensive road frontage. The north 5.95+/- acres is zoned Charlotte Harbor Mixed Use (CHMU) allowing 15 units per acre with the remaining 2.35+/- acres of the southwest portion of the site being Charlotte Harbor Neighborhood Business Residential (CHNBR) allowing 10 units per acre. Total estimated units are 114. Utilities along Bayshore Road. The site has the potential for higher density of up to 60 units per acre which would allow 498 units on the site and building height up to 90 feet based on the recently passed Live Local Act. Coastal high hazard density would have to be transferred to the site. Density is available to be purchased from others in the market.