1 Rasche Road
- ±2.3-acre waterfront parcel on Lemon Bay
- Zoned MHC (Manufactured Home Conventional per Charlotte County)
- Allowable Uses: Single-Family or Manufactured Homes (5 units/acre), Bed & breakfast establishments, Assisted living facilities
- Approximately 330 feet of waterfrontage
- Dock installation potential with direct bay access
- 1 Nautical Mile from the Gulf of Mexico (GOA)
- Dual frontage on Waterside Drive and Maryland Avenue
- Water meters and hookups on-site
- Electric service stubbed to the site
- Near regional attractions including Englewood Beach, Manasota Key, and Stump Pass State Park
- Ideal for residential development, hospitality operators, or long-term investment in a coastal growth corridor
Property Description
Now offered for sale, this ±2.3-acre waterfront site presents a rare opportunity for owner/operators, developers, and investors seeking to capitalize on the continued growth of Florida’s Gulf Coast. Zoned MHC (Manufactured Home Conventional), the property permits up to 11 units of single-family or manufactured housing, and also allows for bed & breakfast establishments or assisted living facility uses. Positioned just one nautical mile from the Gulf of Mexico (GOA), the site offers approximately 330 feet of waterfrontage on Lemon Bay, with potential for dock installation. It also benefits from dual road frontage on Waterside Drive and Maryland Avenue, and is already equipped with water meters & hookups, as well as electric service stubbed to the site—an infrastructure advantage that may help reduce development lead time and cost. Located in the Grove City community of Englewood, the property is surrounded by natural beauty and a steadily growing residential base. Its proximity to Englewood Beach, Manasota Key, Stump Pass State Park, and the walkable Dearborn Street district supports a highly desirable coastal lifestyle. The continued success of nearby master-planned communities like Island Lakes at Coco Bay further reflects rising demand in this market. With its zoning, existing utility infrastructure, and premier waterfront location, this site offers a compelling investment opportunity in one of Southwest Florida’s sought-after residential growth corridors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $2,650,000 |
| Lot Size: | 2.35 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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