by Global Lifestyle Properties

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Grove City 34224
1 RASCHE ROAD
$2,650,000
● Land - For Sale

1 RASCHE ROAD

ENGLEWOOD, FL 34224
bedrooms
Studio
bathrooms
0 Bath
$14,702
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
456 days
Land Size
2.35 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,689
HOA Dues
-
Year Built
2000

Listed By

John Harms
MICHAEL SAUNDERS & CO. - BOCA

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Last updated: 4 months ago (Stellar MLS #D6142920)

Price History

Date / Event Date Event Price
Jun 14, 2026 Relisted $2,650,000
Relisted
Jun 9, 2026 In contract -
In contract
May 18, 2026 Price Decreased $2,650,000
↓ $300K (10.2%)
Price Decreased
Jan 13, 2026 Price Decreased $2,950,000
↓ $500K (14.5%)
Price Decreased
Jul 1, 2025 Listed by MICHAEL SAUNDERS & CO. - BOCA $3,450,000
Listed by MICHAEL SAUNDERS & CO. - BOCA
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Property Highlights

With View
Exterior Details
Waterfront Features: Bay Access
Waterbody Name: LEMON BAY
Building Area Units: Square Feet
Lot Features: Cleared, Cul-De-Sac, Buildable, Flood Plain, Near Marina
Lot Size Area: 2.3561
Lot Size Units: Acres
Lot Size Acres: 2.35
Lot Size Square Feet: 102630
Lot Size Dimensions: 332 x 330 x 290 x 330
Tax Lot: 1
Water Source: Public
Financial Details
Tax Annual Amount: $20,273
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 124
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 102,258
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 3,300
  • Total Building Area: 100
  • Gross Building Area: 100
  • Building Area: 100
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROVE CITY
  • Land Acres: 0000002348
  • Standard Land Use Code: 1006
  • County Land Use Code: 2800
  • State Land Use Code: 028
  • Mobile Home Indicator: T
  • Legal Description 1: 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

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 030202

Zoning

  • Zoning: MHC

Geography

  • Assessors Map Reference: 2B17S
  • Account Number: 00815170000006
  • Subdivision Tract Number: GVC
  • Parcel: 412017451001
  • Block: 171
  • Lot: 1
  • Meridian: SEC 17 TWN 41S RNG 20E
  • Latitude: 26.9052
  • Longitude: -82.3272

    Address

  • Full Address: 1 Rasche Rd
  • Address - House Number: 1
  • Address - Street Name: Rasche
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Englewood
  • Zip Code: 34224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,743,222
  • Tax Rate Code Area: 002

    Appraisal Valuation

  • Standard Deviation: 0.4881
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 2
  • Final Value: 1,147,473
  • High Value: 1,707,555
  • Low Value: 587,390

    Market Valuation

  • Market Total Value: $995,779
  • Market Land Value: $977,500
  • Market Improvement Value: $18,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,545

    Sales

  • Current Sale Contract Date: Sep 30, 1998
  • Current Sale Recording Date: Oct 06, 1998
  • Current Sale Price:
  • Current Sale Document Type: 54

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grove City


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Frequently Asked Questions

When was property at 1 Rasche Road built and last sold?
The property at 1 Rasche Road was built in 2000 and last sold on Sep 30, 1998 for $450,000.
How much is this home worth?
The estimated value of the home located at 1 Rasche Road is $2,676,500.
What are some comparable homes to 1 Rasche Road?
There are currently no comparable homes to 1 Rasche Road.