26501 Zemel Road, Other, FL 33955

$5,500,000

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Sold Price
$5,500,000
List Price
$5,500,000
Status
CLOSED
Days on Market
826
Closing Date
Jul 27, 2023
MLS#
221028191
Subtype
Land
Acres
103.70
Subdivision
Not Applicable
Neighborhood
Not Applicable
MLS Area Major
CH01 - Charlotte County

Property Description

This 103.7 +/- acre property was taken through the development process back in 2006 but never made it to the finish line. The owner is now looking for that buyer looking for an ideal development piece. According to Charlotte County Development Office, the density can be 5 units per acre but then when you put in drainage, etc. the remaining density will be 3.8 per acre. That makes 391 units. The previous project was called Prince Ranch if you want to reference that when calling the development office. This area is BOOMING and new developments coming in all around. This parcel is the closest to Burnt Store Road so don't miss out. The 300+ acres to the North of this is under contract with a big new neighborhood already in process. DO NOT visit the property without an appointment. The owner is at the property regularly and wants only scheduled showings.

Additional Information

Taxes
$2
Zoning
PUD
Air Conditioning
See Remarks
View
Trees/Woods

Courtesy of Priceless Realty

Selling Office: .

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