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Improved Mixed-Use Land for Sale in North Port, Florida

4520 S Biscayne Dr, North Port, FL 34287

$11,000,000
7.78 acres
Active
$1.5m drop
Est $62,223/mo

Welcome to a great opportunity to own the Luxury 28 Condominium Homes in the desirable city of North Port, Sarasota County. Infrastructure is already in place, including underground utilities for an additional 13 lots to be developed into an additional 78 condo units. See the attached plot site plan.

Large community pool. NO HOA OR CDD. Situated in a vibrant and thriving community minutes away from Warm Mineral Springs, this property promises a lifestyle filled with abundant sunshine, natural beauty, and coastal charm. This complex benefits from its prime location, offering easy access to an array of amenities and attractions. These are the many upgrades and meticulous upkeeps of this spectacular complex. A new metal roof was installed on all units in 2022 . Public water and Public sewer. Luxury apartments with tenants already in place. Almost 8-acre limited-access complex with two entries. Living area: total under the roof: 1852 square feet; 3 bedrooms; 2 bathrooms. Fully enclosed structures with hurricane-resistant windows and doors (130 mph wind rating).All buildings on property have new metal roofs completed on 12-21-2022 with a 10-year installation warranty and a 25-year metal alliance warranty. Detached Single-car, oversized garage for parking and storage.Complete GE brand appliance package.

Raised panel cabinets.Granite countertops in kitchens and baths. All ceiling fans and lighting fixtures are included. Approximately 3600 square foot recreation/meeting building with a wet bar in the kitchen. Security system, with optional monitoring. 9.4 ceilings. Screened lanai. Covered/lighted entry. Stacked washer and dryer in the units.Crown molding. Colonial trim. Tankless water heater. 79 parking spaces and one car oversized garage each unit. Do not miss out on this exceptional opportunity to craft your dream investment in a prime location. Schedule a showing today and begin envisioning the endless possibilities offered by this remarkable property in Sarasota County! Discover the nearby pristine Gulf beaches, where you can bask in the sun, partake in water activities, or simply relish the tranquility of the ocean. Embark on nautical adventures from the conveniently located marinas, allowing you to explore the region's captivating waterways and nearby islands. Fishing enthusiasts will delight in the world-class fishing opportunities, while golf enthusiasts can indulge in a variety of renowned golf courses. North Port is known for its thriving shopping and dining scene, featuring a diverse range of retail centers, boutiques, and restaurants. Immerse yourself in the vibrant downtown area, boasting charming shops, art galleries, and entertainment venues. The city hosts numerous cultural events, festivals, and community gatherings throughout the year, ensuring there's always something exciting happening. Lose yourself in the beauty of Charlotte Harbor Preserve State Park, where scenic trails, wildlife sightings, and peaceful waterways await exploration. Myakka River State Park is another nearby gem, enchanting visitors with its stunning landscapes and diverse flora and fauna. Nature enthusiasts will find endless opportunities to connect with the outdoors just moments away from this property. Schedule a showing today and begin envisioning the endless possibilities offered by this remarkable property!

42,140
Sq feet
84
Beds
2008
Built

Location

Street address
4520 S Biscayne Dr
Community
Port Charlotte Sub 43
Elevation
13 feet
Coordinates
27.0528, -82.2465

Directions

From I-75, exit 182 Sumter Blvd. Head south on Sumter Blvd. Turn right and head west on Price Blvd. Turn left and head south on Glenallen St. Turn left and head south on S Biscayne Dr.

I-75 south, River Road exit 191, south to RT 41, east (left) to left on Biscayne

Property details

Acreage
7.78 acres
Zoning
RMF
MLS #
MFRMLS N6131984
Posted

Property taxes

2023
$99,908

Parcels

  • 0996002904

Legal description

Resources

Details and features

Listing

Type
Residential Multi Family
Unit Count
28
Franchise
RE/MAX International

Exterior

Parking
Driveway, Garage, Guest
Structures
Storage
Features
Balcony, Lighting, Pool, Rain Gutters, Sidewalk

Structure

Heating
Central
Cooling
Central Air
Materials
Block, Stucco
Roof
Shingle

Interior

Rooms
Bedroom x 5
Flooring
Carpet, Tile
Features
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Thermostat

Listing history

DateEventPriceChangeSource
Oct 16, 2025Price drop$11,000,000$1,500,000 -12%MFRMLS
June 11, 2025Price drop$12,500,000$250,000 -2%MFRMLS
Nov 8, 2024Price drop$12,750,000$1,250,000 -8.9%MFRMLS
Aug 14, 2024Price drop$14,000,000$1,000,000 -6.7%MFRMLS
Apr 19, 2024New listing$15,000,000MFRMLS
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This 7.78-acre property is located at 4520 S Biscayne Dr in North Port, FL 34287. The property is available for sale for $11,000,000. It has a 42,140 sq ft 84 bedroom house built in 2008.

Checked 1 hour ago — Updated

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