$2,650,000
1 Rasche Road
Englewood, FL 34224
Listing updated: June 13, 2026 at 9:43 AM ET
Listing courtesy of Michael Saunders & Co. - Boca · John Harms · MLS #D6142920 · Active · 941-964-2000Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Spectacular bay front development opportunity. Over 330 feet of direct frontage on Lemon Bay with 2.3 +/- acres, zoned MHC (Manufactured Home Conventional). Gorgeous views of turquoise waters, stunning sunsets, endless wildlife, and phenomenal fishing. Potentials for subdividing into several large waterfront homesites, or developing multi-family residences. Stump Pass Marina and Lighthouse Grill are adjacent to the north and luxury residential bay front homes adjacent to the south. Multiple road frontages being on the corner of Maryland and Waterside Drive plus and Rasche Rd that runs through the property. Utility infrastructure includes 10 water meters and hookups, as well as electric service stubbed to the site. Fantastic location with the Gulf of America just minutes away, close Manasota Key and Englewood Beach, Palm Island, historic Boca Grande, Dearborn Street district, excellent dockage next door at Stump Pass Marina, lots of big shopping and restaurants close by. Englewood is a high growth area with tremendous commercial and residential development. HW41, Venice, Sarasota, and North Port are quick, easy drives to the north.
Local Insight
At $26/sqft for 2.35 acres of waterfront in Englewood, you're paying a premium for direct water access, but that V flood zone designation is a serious issue—it means higher insurance costs and stricter building requirements that will eat into your actual development budget. The lack of HOA and generous lot size give you flexibility, but you'll want a detailed survey and environmental assessment before committing, since waterfront parcels in Florida often come with unexpected wetland or riparian restrictions that don't show up in the listing basics.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history342 days on market
- Status: ActiveJun 13, 2026
- Listed$3,450,000Jul 1, 2025
- Price reduced$2,650,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 342
- Subdivision
- Grove City
- County
- Charlotte
- Price/sq ft
- $26
- Lot size
- 102,630 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- V
- Annual taxes
- $20,273 (2024)
- Parcel #
- 412017451001
- Zoning
- MHC
- MLS #
- D6142920
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Interior Details
- Direction faces
- Northeast
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Sewer Available, Water Available
Listing Details
- Listing date
- 2025-07-01
- On market date
- 2025-07-01
- Original list price
- $3,450,000
- MLS area
- 34224 - Englewood
- Listing AOR
- Englewood
- Status changed
- 2026-06-13
- Tax legal description
- GVC 000 0171 0001 GROVE CITY BLK 171 LTS 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ADJ ST VAC PR98-246 DC1606/503 1647/1374-76
Flood risk
Coastal high-hazard area (Zone V) with wave action. In a FEMA Special Flood Hazard Area — flood insurance is generally required by lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Off Placida Road turn south on Maryland Ave. Property is at corner Waterside Dr and Maryland Ave.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 13, 2026 at 9:43 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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