This 2.25-acre parcel presents a fantastic investment opportunity, offering the potential for substantial returns. With a density allowance for 9 multi-family units, this property is ideal for residential development. Additionally, the adjacent property is zoned CG (Commercial General), suggesting the possibility of re-zoning this parcel to commercial use, offering even… Read More more flexibility in the type of development you could pursue.
Previously used for mobile homes before Hurricane Charley, the property is likely to have impact fees already paid, which represents a significant savings on development costs. This is an important factor in reducing upfront expenses and streamlining the development process. The land is already cleared, making it ready for immediate development, and is served by county water. Sewer access is within a short distance on Florida Street, which further enhances its attractiveness for development.
With great exposure from Duncan Road (US 17), the location offers close proximity to downtown Punta Gorda and easy access to I-75, making it a prime spot for residential or commercial development, depending on zoning changes. This is a highly desirable area for both residential and commercial projects, adding even more potential value to the property. This parcel is an excellent opportunity for developers looking to take advantage of a prime location with pre-existing infrastructure and possible zoning flexibility. Read Less
Courtesy of BARNES & PHILLIPS REAL ESTATE 941-743-4200
Listing Snapshot
Days Online
226
Last Updated
Lot Size
2.25 Acres
MLS Number
C7506720
Additional Details
Property Access
Frontage Type: County Road, Road Surface: Asphalt
Building
Living area units: Square Feet
Lot
2.25 acres, Dimensions: 00x00, Cleared
Sewer
Septic Needed
Taxes
Additional parcels description:, Parcel Number: 412305427004, Public Survey Range: 23E, Public Survey Section: 05, Annual Amount: $2,215.38, Tax Book Number: 1-87, Legal Description: PIT 000 0000 0128 LEGAL DESCRIPTION:LOT 128 THROUGH 135, INCLUSIVE, AND LOTS 142 THROUGH 149, PIT 000 000 0150 PINEAPPLE TE RR 150, 151, 152 AND 153, PIT 000 0000 0154 PINEAPPLE TE LTS 154, 155, &W/LY 12.67 FT OF LT 156 AKA TR 1, PIT 000 0000 0156 PINEAPPLE TERRACE LT 156 LESS W/LY 12.67F & ALL LTS 157, 158, 7 W/LY 7.52 FT LT 159 & ALL LTS 162-164 PIT 000 0000 0159 PINEAPPLE TERRACE LT 159 LESS W/LY 7.52 FT & ALL LTS 160, 161 LYING SOUTHERLY OF STATE ROAD 35 U.S. 17,, Lot: 128, Year: 2024, Zoning: MHC
Utilities
Electricity Available, Sewer Nearby, Water Available, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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