UNDER CONTRACT: 246+/- acre waterfront residential site located just north of South Gulf Cove in the Cape Haze area of Charlotte County, Florida. Property fronts on the deep-water Butterford Waterway with direct sailboat access to the Myakka River and the Gulf of Mexico. Unlimited potential for an upscale waterfront development or retirement community. Preliminary plan approval allows a broad range of development densities. Once in a life-time development opportunity.
ZONING: Comprehensive plan governs all uses for the property. A total of 615 development units can be constructed on the
property. The property will come with 567 units via TDU units. Additional TDU’s (transfer development units) can be purchased to expand development potential up to 615 units.
SERVICE AREA: Part of the Urban Service Area for Port Charlotte.
FUTURE LAND USE: Compact Growth Mixed Use (CGMU). Allows a broad range of residential uses and densities.
ACCESS: Access from Cattle Dock Point Road off of Hwy 776 (McCall Road). Boating access from the Butterford Waterway (160+/- ft. wide). Future site connectivity through Maronda Homes development. Potential access off of Marathon Blvd (this would have to be explored further with Charlotte County).
UTILITIES: Property has county water & sewer provided by Charlotte County Utilities running along Marathon Blvd. and servicing the Village of Holiday Lakes. Central water also running along Cattle Dock Point Road. Main west county utility station lo-cated adjacent to property.
TECHNICAL: The property’s located in the (8AE) flood zone w/ a base flood elevation of 8ft. PDF survey available upon request. The entire site in located in the Coastal High Hazard Area (CHHA). The site had substantial earth moving activity including dredge material from the canal and infill activity in the early 1980’s. A full wetland delineation study would need to be performed as the National Wetlands Database maps would be altered by the activity on the site from the early 1980’s.
FEATURES: The property has 10,000+/- continuous feet of water frontage on the Betterford Waterway. North end of the property is close to lock to access the Myakka River and Gulf of Mexico.
DEVELOPMENT: Site requires a Planned Development to conform to the approved comprehensive plan.