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Multifamily Luther Rd Punta Gorda, FL 33983

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For Sale
$349,990

2.37 acres of vacant land suitable for residential development.

Property size:
2 SF
Lot size:
2.37 Acres

Property Features for Multifamily Luther Rd

General Information

Size
2 SF
Lot size
2.37 Acres
Source: Svn

Listing Agent: Ashley Barrett Bloom

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Residential Development Land Opportunity

This 2.37-acre vacant land parcel is located on Luther Rd in Punta Gorda, Florida, within Charlotte County. Zoned Residential, multifamily (RMF10) with an underlying zoning and future land use (FLU) of Medium Density Residential (MDR), the property presents an opportunity for residential development. Situated in an area experiencing growth, the location offers potential for current and future development. Its proximity to Interstate 75 facilitates transportation throughout southwest Florida. The surrounding area in East Port Charlotte is undergoing significant residential development. Retail options, including Publix and Walmart, are located within 5 miles. Convenient access to US-41, State Road 776, Interstate 75, and other thoroughfare roads allows for travel throughout the Charlotte County MSA. The area has experienced substantial population growth and increases in median household incomes and property values, suggesting continued economic expansion.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Map

City
Punta Gorda
County
Charlotte
State
Florida
Longitude
-82.028827
Latitude
26.991976

FAQs

What type of property is this?
Land - 2.37 acres of vacant land suitable for residential development.
Where is this land located?
The property is located at Multifamily Luther Rd Punta Gorda, FL.
What is the asking price?
The asking price for this property is $349,990.
What are key features of this property?
This property features: - Opportunity for residential development in a rapidly growing area.; - Ideally located near Interstate 75 for easy transportation.; - Located in East Port Charlotte, amidst residential development and growth.
More about this property
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