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5400 S Biscayne Dr - 5400 S Biscayne Drive

2.01 Acres of Commercial Land Offered at £238,588 in North Port, FL 34287

INVESTMENT HIGHLIGHTS

  • Average daily traffic of 10,900 cars on Biscayne Drive
  • Over 3% population growth each year since 2015
  • Average daily traffic of 33,500 cars on Tamiami Trail
  • Zoned OPI(Office, Professional and Institutional District)

EXECUTIVE SUMMARY

The combination of an ideal location, flexible zoning use and a need for multiple types of development in this area make this property very attractive. Zoned OPI(Office, Professional and Insititutional District) this property permits both small and large-scale office, institutional, cultural, and allied uses along with residential use, including upper story residential dwelling units, in order to promote live-work and mixed use opportunities within the area. The growth projections of this location should allow this property to experience overall value growth while producing income from the type of structure that is developed.

ATTACHMENTS

5400 Biscayne Offering Memorandum

PROPERTY FACTS

Price £238,588 Property Subtype Commercial
Sale Type Investment Proposed Use
Retail
  • Office
  • Strip Centre
No. Lots 1 Total Lot Size 2.01 AC
Property Type Land
Price £238,588
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Strip Centre
Total Lot Size 2.01 AC

1 LOT AVAILABLE

Lot

Price £238,588 Lot Size 2.01 AC
Price Per AC £118,775.74
Price £238,588
Price Per AC £118,775.74
Lot Size 2.01 AC

These two lots are located adjacent to one another on S Biscayne Drive just north of US-41. The total acreage of the combined parcels is 2.009 acres.

DESCRIPTION

Located in the heart of the largest and fastest growing city in Sarasota County, this property location is just north of US-41/Tamiami Trail. Located adjacent to a dense residential area of North Port, these parcels have endless potential. With residential and commercial developers continuing to flock to the City of North Port, growth rates over 3% are expected to be the norm for the foreseeable future.

LINKS

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5400 S Biscayne Dr, North Port, FL - AERIAL map view

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0996-00-2913
  • 0996-00-2912
 Improvements Assessment £0
Land Assessment £0 Total Assessment £126,674

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0996-00-2913
  • 0996-00-2912
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£126,674

ZONING

Zoning Code OPI (Office, Professional, and Institutional zoning)
OPI (Office, Professional, and Institutional zoning)
(941) 961-7109

CONTACTS

  • Listing ID: 13938133

  • Date on Market: 02/10/2018

  • Last Updated:

  • Address: 5400 S Biscayne Dr, North Port, FL 34287

The Land Property at 5400 S Biscayne Dr, North Port, FL 34287 is currently available for sale. Contact SVN | Commercial Partners for more information.

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5400 S Biscayne Dr, North Port, FL for sale Primary Photo- Image 1 of 6
5400 Biscayne
5400 S Biscayne Dr, North Port, FL for sale Aerial- Image 2 of 6
5400 S Biscayne Dr., North Port, FL 34387-2
5400 S Biscayne Dr, North Port, FL for sale Other- Image 3 of 6
Screenshot 2018-09-30 at 5.10.04 PM
5400 S Biscayne Dr, North Port, FL for sale Other- Image 4 of 6
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5400 S Biscayne Dr, North Port, FL for sale Other- Image 5 of 6
Screenshot 2018-10-01 at 9.39.52 PM

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5400 S Biscayne Dr - 5400 S Biscayne Drive
(941) 961-7109 x

5400 S Biscayne Dr - 5400 S Biscayne Drive

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Ashley Bloom

(941) 961-7109

(941) 961-7109

Rob Henry

(352) 631-4200

(352) 631-4200

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