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5400 Greenwood Ave
North Port, FL 34287
North Port Commercial · Land For Sale
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5.94 AC
Investment Highlights
- Zoned RMF for multifamily development, seller obtained approval for 119 unit Senior Housing Development, which could be reinstated with some work.
- Desirable canvas for new affordable multifamily project
- Ideal location in North Port/Port Charlotte area
- Develop as Hospitality
Executive Summary
Invest in the future with this exceptional property at 5400 Greenwood Avenue, North Port, FL 34287. Zoned RMF, this prime location offers a compelling opportunity for multifamily and hospitality-oriented development, appealing to investors seeking flexibility and long-term upside. Situated in the highly desirable North Port/Port Charlotte market, the site is well suited for a new residential project, a mixed-use concept, or a boutique hospitality or extended-stay use that complements the area’s growing demand. With strong fundamentals and expansive development potential, this property presents a rare chance to create a high-impact project with meaningful returns. This is an opportunity to shape the next chapter of residential and hospitality living in a rapidly expanding Florida market.
Property Facts
1 Lot Available
Lot
| Price | $3,186,052 CAD | Lot Size | 5.94 AC |
| Price Per AC | $536,779.03 CAD |
| Price | $3,186,052 CAD |
| Price Per AC | $536,779.03 CAD |
| Lot Size | 5.94 AC |
RMF zoning, this prime location offers an unparalleled opportunity for a multifamily investor. Situated in the desirable North Port/Port
Description
Previously Approved for 119 unit Senior Housing Development, could be reinstated for same type project or develop as affordable housing in this fantastic central location.
Property Taxes
| Parcel Number | 1001-00-1010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $876,154 CAD |
Property Taxes
Parcel Number
1001-00-1010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$876,154 CAD
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