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Cleared Multi-Family Development Lot
For Sale
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623 Fitzhugh Avenue, Punta Gorda, FL 33950

Cleared, build-ready lot zoned Neighborhood Residential Nr-15 for multi-family development with flexible two-street access.

Property SizeContact for details
Lot Size0.26 Acres
Days on Market88

Property Features for 623 Fitzhugh Avenue

General Information

Standard status Active
Lot size 0.26 Acres
Property subtype Land
Zoning Neighborhood Residential NR-15
Investment Type Redevelopment

Additional Details

Road Access Yes
Listing Agency: Five Star Realty
Listed By: Bob Helphenstine · License #FL 3295038
Source: Crexi
Added: Jun 6 Changed: Aug 31 Last Checked: Aug 30 at 9:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Star Realty

Investment Insights

Based on property information with market context.

This for-sale parcel is a cleared, build-ready development lot designed for residential infill. The property is zoned Neighborhood Residential Nr-15, which supports multi-family development and residential configurations consistent with the surrounding historic area. The seller’s remarks indicate the zoning may allow up to 3 to 4 units, subject to final design, footprint, and city approval. The parcel is approximately 11,194 square feet (0.257 acres), and county maps indicate an elevation of approximately 14 feet.

The lot provides access on two streets, offering flexible ingress and egress for future development. The property is located adjacent to an area referenced in the remarks as the Medical Overlay District. It is also described as being within a short distance of downtown Punta Gorda, the hospital, parks, dining, and waterfront attractions.

For developers and investors, the NR-15 zoning described here allows for structures up to three stories, offering design flexibility while maintaining neighborhood character. Buyers are encouraged to verify all zoning, density, and development details with the City of Punta Gorda and through an updated survey before proceeding.

Key Highlights

  • Cleared, build‑ready multi‑family lot at 623 Fitzhugh Ave in Punta Gorda
  • Zoned Neighborhood Residential NR‑15, supporting multi‑family development up to 3–4 units depending on design and city approval
  • Lot size approx. 11,194 SF (0.257 acres); land elevation approx. 14 feet per county maps

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Parking Lot & Garage Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,590
Businesses Nearby

Demographics for 33950, FL

24,984
Population
16,748
Households
1.5
Avg Household Size
66
Median Age
36%
College-Educated
95%
High-School Grad
17.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$74,484
Median Household Income
$46,032
Median Earnings
$1,192
Median Rent
$393,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Cleared, build-ready lot zoned Neighborhood Residential Nr-15 for multi-family development with flexible two-street access.
Where is this residential land & home lot located?
The property is located at 623 Fitzhugh Avenue Punta Gorda, FL.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Cleared, build‑ready multi‑family lot at 623 Fitzhugh Ave in Punta Gorda; Zoned Neighborhood Residential NR‑15, supporting multi‑family development up to 3–4 units depending on design and city approval; Lot size approx. 11,194 SF (0.257 acres); land elevation approx. 14 feet per county maps
(941) 661-4842 Call to check price and availability
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