The Landings at Coral Creek | Placida, FL
The Landings at Coral Creek offers an immediate opportunity for developed townhome sites in an established resort style community. The community is filled and graded, interior streets are paved, and utility infrastructure is in place, allowing a swift build-out. These clean and green VDL townhome sites provide immediate inventory for the next selling season, at a low up-front cost.
The community includes a fully equipped amenity center, a resort-style pool, fitness center, Old-Florida style clubhouse, and tennis courts, allowing the active end-user to indulge in a true Southwest Florida lifestyle at an attractive price.
Located just minutes from Don Pedro Island State Park to the north, the location of this community on Placida Road offers quick access to multiple regional draws. Minutes to the south, Gasparilla Island and Boca Grande offer a short daytime excursion to world-renowned f...
Located just minutes from Don Pedro Island State Park to the north, the location of this community on Placida Road offers quick access to multiple regional draws. Minutes to the south, Gasparilla Island and Boca Grande offer a short daytime excursion to world-renowned fisheries and beaches, with the added benefit of coming home to a quiet, gated community to relax.
The Landings at Coral Creek is projected to sell finished homes at $277,000 or $120 PSF. Market data supports this number in comparable communities such as The Hammocks, located to the North of this offering and built in 2007, and Cape Haze Resort, also built in 2007, which have traded for $120 to $160 PSF. By offering a new product at a competitive price, the Landings at Coral Creek creates an opportunity to capitalize on an unsaturated market lacking new inventory.
Offering: 54 Fully Developed Townhome Lots
Address: 10345 Longshore Road, Placida, FL
Acres: 2.7 Acres
Zoning: RSF 3.5
Density: 54 Units
Condition: Cleared, Filled, and Graded
HOA Fees: Carrying Cost $230 a Month | Fees for End-users $495 a Month
Utilities: Central Water & Sewer
Ownership: Fee Simple
Price: $1,080,000 | $20,000 Per Unit
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