Retail / Multifamily Development Site

For Sale

8399 Cypress Rd, Englewood, FL 34224

This Englewood property for sale is located at 8399 Cypress Rd. The current listed sale price for Retail / Multifamily Development Site is $6,600,000. Retail / Multifamily Development Site is situated on a lot that is 15 acre in size.

Contacts

broker
Tony Veldkamp, CCIM

SVN | Commercial Advisory Group

Property Details

  • Property Type VacantLand
  • Lot Size 15 Acre
  • Date Updated Jul 17, 2025
This exceptional development opportunity is located in the rapidly expanding community of Englewood, Florida, along the scenic and sought-after Southwest Coast of Florida in Charlotte County. Positioned on a peninsula extending into Charlotte Harbor, Englewood serves as the only connection point to the World Famous, Boca Grande—a well-known luxury island community with a quaint and private fishing village history. Englewood has experienced significant growth over the past five years, with a 12.2% increase in population and a projected additional growth of 8.5% over the next five years. To support this rising population, new residential communities continue to emerge, including the master-planned Island Lakes at Coco Bay and Palm Lake at Coco Bay by Lennar, both offering resort-style amenities. This property sits on Winchester Boulevard, the new north-south main corridor, stretching from Placida/Boca Grande to the south, northward to River Road connecting to I-75, it lies just west of Rotonda West, a distinctive, circular community made up of seven neighborhoods and approximately 9,000 home sites. Charlotte County is home to several unique tourist destinations that help drive the local economy through job creation and visitor spending. Highlights include the 785-room Sunseeker Resort Charlotte Harbor, featuring pools, retail, restaurants, and a convention center, as well as Fisherman’s Village—a waterfront resort offering dining, boutique shopping, and a marina just across the harbor.Located in the beautiful Englewood, Florida area lies this 15 +/- Are development site with frontage on the new Winchester Boulevard Extension. This new extension is the north-south connector bisecting historic Englewood from Englewood East and Rotonda as a new Central Boulevard. It provides access to South River Road (connecting to Interstate-75) and Placida Road to the south giving access to the world-famous Boca Grande. This offering consists of one to three parcels for development into retail, multi-family, or both. Opportunities consist of either purchasing the entire site for retail development as it is already zoned CG - Commercial General, or multifamily development under the Florida Legislature's Live Local Act allowing multi-family development without a rezoning provided certain affordable housing criteria are met. Seller will also subdivide as two 1.2 +/- Acre future corner retail development sites with frontage on Winchester Boulevard and one 12.6 +/- Acre site that could be used for Multi-Family Development with partial frontage on Winchester Boulevard and partial frontage on the future Cypress Road. The multi-family residential site is located in an area that can utilize the Residential live local zoning allowing for apartments or a build-to-rent community on the site. Recent revisions to Live Local in 2025 assures that Charlotte County's "Transfer Density Unit" program does not impair implementation of the Live Local Act. The 1.2+/- acre retail sites at the corner of Winchester Boulevard and Cypress Road could have the potential to be at a future traffic light. The lots are zoned Commercial General (CG) allowing for a variety of uses including Bank, Pharmacy, Gas Station, Retail, Car Wash, Restaurant, among others.
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Highlights

  • 15 +/- total acres with Seller willing to subdivide into three lots:
  • Development of this property could warrant a future traffic light at the intersection
  • Frontage on Cypress Road and Winchester Boulevard, which connects to Wellen Park and I-75 via River Road to the North and the world-famous Boca Grande via Placida Road to the South
  • Newly updated Live Local Act would permit multifamily units by-right on this property making it viable for apartments or a build-to-rent community
  • o Parcel A: 1.2 +/- Acres - $875,000 Corner Lot Retail Parcel
  • o Parcel B: 1.2 +/- Acres - $775,000 Retail Parcel
  • o Parcel C: 12.5 +/- Acres - $4,950,000 Multifamily Parcel
  • o TOTAL: $6,600,000 for Entire Site
  • Seller also willing to parcel out two smaller General Commercial lots, which allow for a variety of uses including Bank, Pharmacy, Gas Station, Retail, Car Wash, Restaurant, among others

Getting around

  • 16/100

    Walk Score ®

  • 39/100

    Bike Score ®

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Location

  • City Englewood, FL
  • Neighborhood Grove City
  • Zip Code 34224
  • Market Southwest Florida Coast

Points of Interest

  • Sunoco

    0.39 miles

  • Citgo

    1.79 miles

  • RaceTrac

    2.32 miles

  • Murphy USA

    2.33 miles

  • Shell

    2.37 miles

  • Mobil

    5.45 miles

  • Recreational Vehicle Parking

    2.04 miles

  • Sea Oats Beach Club

    3.54 miles

  • Walmart Supercenter

    2.23 miles

  • Winn-Dixie

    3.12 miles

  • Bealls

    3.19 miles

  • Publix

    3.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tony Veldkamp, CCIM

SVN | Commercial Advisory Group

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