Prime ALF Development Site on Dearborn Street

Located off of E Dearborn St close to intersection at S Indiana Ave in Englewood, FL. Coastal town offering a mix of residential and commercial developments with proximity to dining, shopping, and recreational facilities.American Property Group of Sarasota, Inc. presents 120 E Dearborn St, Englewood, FL Property Type: Commercial Land for Sale Property Size: ±375,026 SF (±8.61 Acres) This ±8.61-acre development site offers a rare opportunity in the heart of Englewood, strategically positioned along E Dearborn Street near S Indiana Avenue. Zoned CG (Commercial General) with the Englewood Business District (EBD) Overlay, the property provides flexibility for a variety of commercial and mixed-use development possibilities. Conceptual plans have been prepared for a senior living campus featuring approximately 80 independent living units, approximately 120 assisted living and memory care beds, and more than 8,000 SF of supporting commercial space. These concepts offer a strong starting point for developers seeking to serve the area’s growing senior population. The property is conveniently located near shopping, dining, healthcare, and recreational amenities, with easy access to Englewood’s coastal attractions. Site plan concepts are available upon request.