$500,000 Price Reduction on Lucrative Bayfront Development Opportunity with seawall protected 18 Slip Marina. 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 with no marina.

  • MLS# A4426786
  • Sub-Type Resale
  • Status Active
  • Days On Site 137
Zoning RMF2
Acreage 2.24
Listing Provided By:
Jeff Weller  of  MICHAEL SAUNDERS COMPANY
2.24 Acre Parcel with 175' frontage on Blackburn Bay with 18 Silp Marina. Nearly all of RMF2 Parcel is x500 Flood Zone so Build up to 20 Units on Grade
2.24 Acre Parcel with 175' frontage on Blackburn Bay with 18 Silp Marina. Nearly all of RMF2 Parcel is x500 Flood Zone so Build up to 20 Units on Grade
protected dockage for up to 45' Boats. Duplexes shown are above flood zone.
 
 
 
 
 
 
 
 
 
 
8 Rentals on property provide income for project during design and permiting
 
 
 
 
 
this listing $4,499,000
1,202.36%
$345,450 in 34275
this listing 137 on site
2.49%
140.5 on site in 34275

Location

State FL
City NOKOMIS
Zip Code 34275
Area 34275 - Nokomis/North Venice

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