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0 Toledo Blade Boulevard

North Port, FL 34289
  • $38,000,000
  • STATUS: Active
  • ON SITE: 199 Days
  • MLS #: T3487756
UPDATED: 81 min ago
$38,000,000
  • 0
    BEDS
  • 514
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

The property is located in the City of North Port in southern Sarasota County. The property contains 514 acres which includes 200+ acres of developable land and 91 acres of lakes which can also serve as retention. The North Port Gardens development order includes approved uses for multifamily, commercial, medical, office, and Industrial uses. The city has allowed these uses to be moved or adjusted with a trade-off matrix. North Port Gardens is located at the interchange of I-75 and Toledo Blade Blvd at Exit #179 in North Port Florida and at the south gateway to the city.This exit is used for West Port, Lost Lagoon Water Park, Murdock business district, Benderson's industrial development, and numerous new multifamily developments. Directly to the north and east is 2,800 acres entitled for 3,500 residential units. The Toledo Villages property is under contract with Forestar and is the lot development arm for DR Horton. The 300 acres mile to the north is entitled for 900,000 sq. feet of industrial. There are 5 lessees including one NYSE traded national user going to occupy 250,000 sq ft in November of 2024. The city of North Port is the 7th fastest growing city in the entire United States. This is one of the last remaining unimproved exit on I-75 from Naples all the way to Gainesville. The property is completely entitled and has been annexed into the City of North Port. The approved land uses are residential (1135 dwelling units), commercial (350,000 sq ft), Office (800,000 sq ft), Hotel (450 rooms) and light industrial (600,000 sq ft). Investment Highlights - Rapidly growing area of the Florida Gulf Coast - City planners and economic counsel are eager to work with developers - North ports future Job Growth over the next 10 years is Projected at 41% - Traffic count at the I-75 interchange: 60,000 Vehicles Per Day - There were over 15,000 permits in 2022 in the city of North Port. 2023 is exceeding this as of November 1, 2023.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-14T16:54:37.747.
www.realestatecentralfl.com/homes/145499397
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0 Toledo Blade Boulevard North Port, FL 34289

  • Price: $38,000,000
  • Status: Active
  • On Site: 199 Days
  • Updated: 81 min ago
  • MLS #: T3487756
0
Beds
0
Baths
0
½ Baths
514
Acres
Neighborhood:
Acreage & Unrec
County:
Sarasota
Area:
North Port
Property Description
The property is located in the City of North Port in southern Sarasota County. The property contains 514 acres which includes 200+ acres of developable land and 91 acres of lakes which can also serve as retention. The North Port Gardens development order includes approved uses for multifamily, commercial, medical, office, and Industrial uses. The city has allowed these uses to be moved or adjusted with a trade-off matrix. North Port Gardens is located at the interchange of I-75 and Toledo Blade Blvd at Exit #179 in North Port Florida and at the south gateway to the city.This exit is used for West Port, Lost Lagoon Water Park, Murdock business district, Benderson's industrial development, and numerous new multifamily developments. Directly to the north and east is 2,800 acres entitled for 3,500 residential units. The Toledo Villages property is under contract with Forestar and is the lot development arm for DR Horton. The 300 acres mile to the north is entitled for 900,000 sq. feet of industrial. There are 5 lessees including one NYSE traded national user going to occupy 250,000 sq ft in November of 2024. The city of North Port is the 7th fastest growing city in the entire United States. This is one of the last remaining unimproved exit on I-75 from Naples all the way to Gainesville. The property is completely entitled and has been annexed into the City of North Port. The approved land uses are residential (1135 dwelling units), commercial (350,000 sq ft), Office (800,000 sq ft), Hotel (450 rooms) and light industrial (600,000 sq ft). Investment Highlights - Rapidly growing area of the Florida Gulf Coast - City planners and economic counsel are eager to work with developers - North ports future Job Growth over the next 10 years is Projected at 41% - Traffic count at the I-75 interchange: 60,000 Vehicles Per Day - There were over 15,000 permits in 2022 in the city of North Port. 2023 is exceeding this as of November 1, 2023.
Exterior Features

Lot Size Dimensions 1320 x 2640 Road Surface Type Unimproved Water Access Yn No Water Extras Yn No Water View Lake Water View Yn Yes Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Sewer Public Sewer Water Source Public

Property Features

Current Use Unimproved Flood Zone Code AE For Lease Yn No Ownership Co-op Planned Unit Development Yn Yes Special Listing Conditions None Sw Subdiv Community Name North Port Gardens Tax Annual Amount 510.28 Total Annual Fees 0 Total Monthly Fees 0 Utilities Public Zoning PCDN


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of MID STATE REALTY CO: 813-681-4861.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-14T16:54:37.747.
 
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