Boca Creek 153 + Acre Development Site
AREA AMENITIES BOCA CREEK 153.15 Acre Development Site Gasparilla Rd Placida Rd Gasparilla Rd 2 Marina & Boat Ramps Boca Grande Causeway <Bridge to Boca Grande on Gasparilla Island Coral Creek Fishing Pier Intracoastal Waterway with access to the Gulf of Mexico
OFFERING SUMMARY IAN BLACK REAL ESTATE has been retained to bring to the marketplace a rare opportunity to acquire an assemblage of three parcels totalling approximately 153.16 acres for development and is currently zoned to allow for approximately 370 Residential units. OFFERING PRICE: The assemblage totaling 153.15 +/- acres is being offered for sale at $12.0 Million Parcel C, 4.86 acres, is zoned RMF-5 or 5 units per acre, allowing 22 units. Parcel B, 83.18 acres, is zoned RMF-3.5 or 3.5 units per acre, allowing 290 units. Parcel A, the northern 65.16 acres, is zoned RE1 or 1 unit per acre, allowing 65 units. With a special exception from Charlotte County, a developer could cluster the building units from all three parcels onto the two southern parcels to conserve Parcel A for horse riding or hiking trails. A development site providing the amenities this property allows for is very desirable. Boca Creek Development Site is just over the causeway from Boca Grande, tucked between the Coral Creek Airport/Boca Grande Jet Center and Coral Creek Golf Club, and across the street from the Gasparilla Marina. 3 The property is being marketed on an as is basis with the Purchaser required to provide own surveys and other due diligence. Any offers to purchase all three parcels from well-qualified entities will be considered. (http://www.coralcreekairport.com/) (http://www.coralcreekclub.com/club/scripts/home/home.asp) (http://www.gasparillamarina.com/).
PROPERTY DESCRIPTION PROPERTY DESCRIPTION Parcel C Acreage: 4.86 +/- Acres Zoning: RMF - 5 or 5 units/acre, allowing for 22 units Parcel B Acreage: 83.18 +/- Acres Zoning: RMF - 3.5 or 3.5 units/acre, allowing for 290 units Parcel A Acreage: 65.16 +/- Acres Zoning: RE1 - allowing for 65 units Note: Data provided based on previous surveys and tax records for informational purposes only; Purchaser will need to prepare Surveys and verify all square footages and zoning, as part of due diligence. 4
PROPERTY AERIAL BOCA CREEK 153.15 Acre Development Site 5
CONCEPTUAL SITE PLAN ON PARCEL B 6
AREA INFORMATION LOCATION The Property is located at 12901, 12951 & 13001 Gasparilla Rd. in Placida, FL - SW of Port Charlotte in Charlotte County. Easily accessible via the Gasparilla/Placida County Road C.R.771/775 from the I-75 corridor, the Property is located south of the Cape Coral Airport and Boca Grande Jet Center, and extends south almost to Creekside Way. Coral Creek Club Coral Creek Airport & Jet Center Boca Creek Site PLACIDA / BOCA GRANDE, FL Placida is an unincorporated community in Charlotte County, located at County Road 775 and the Boca Grande Causeway, where the Coral Creek meets Gasparilla Sound. Area amenities include the Coral Creek Club golf course & resort, the Coral Creek Airport & Boca Grande Jet Center, as well as restaurants and the Gasparilla Marina. Placida is part of the Punta Gorda Metropolitan Statistical Area and is the Gateway to Boca Grande with the Causeway to Gasparilla Island. Gasparilla Island s largest town is Boca Grande, which has been a significant tourist destination since the early 20th century. Boca Grande is home to many seasonal & year-round residents and is known for its charming authentic downtown, sugar sand beaches, blue water and for its fantastic fishing and Tarpon tournaments. The Wall Street Journal selected Gasparilla Island as one of the 10 Best Places for Second Homes and the Village has garnered national attention with world-class amenities including the Boca Grande Lodge. Boca Grande s serene beauty also makes it a destination for high profile weddings and residences for the elite seeking privacy. The Bush family and Audrey Hepburn have called it home seasonally. The Village has always been a unique community, with a large number of wealthy winter residents rubbing elbows with the fishermen, railroad and port workers, who form the permanent workforce. Boca Grande Causeway Gasparilla Island Coral Creek Boca Grande Causeway Gasparilla Marina CHARLOTTE COUNTY Charlotte County is located on the southwest coast of Florida and is comprised of 858 square miles, of which 178 square miles is water. It s county seat is Punta Gorda, the only incorporated city in the county. Charlotte County comprises the Punta Gorda Metropolital Statistical Area, which is included in the North Port - Sarasota Combined Statistical area. Charlotte County was established in 1921 and was named for the Bay of Charlotte Harbor. Subject Property 7
DEMOGRAPHICS 8 Demographics 2016 Radius Employees Businesses Residents Avg HH Income 1 mile 60 13 249 $75812 5 Yr Projection N/A N/A 291 $86,744 3 miles 667 96 2,872 $94,286 5 Yr Projection N/A N/A 3,150 $107,362 5 miles 2,339 369 16,156 $71,961 5 Yr Projection N/A N/A 17,821 $80,940 Daily Traffic Counts 2015: 4,300+ vehicles
MAPS / CONTACT INFORMATION For more information or to schedule a private tour, please contact: Boca Creek Site Boca Creek Site Jag Grewal, CCIM Amy MacDougall Partner Sales Associate C 941.356.5042 C 941.961.3824 T 941.906.8688 x 105 T 941.906.8688 x 108 Jag@ian-black.com Amy@ian-black.com IAN BLACK REAL ESTATE 1 S School Ave, Suite 600, Sarasota FL 34237 941.906.8688 OFFICE 941.906.8228 FAX 9 Information deemed reliable but not guaranteed. Prices subject to change without notice.