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Punta Gorda Development Opportunity
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5128 S Fairway Dr, Punta Gorda, FL 33982

Land near downtown, suitable for multifamily or commercial development.

Property Size1 SF
Lot Size1.00 Acre
Price / SF$35,000
Days on Market699

Property Features for 5128 S Fairway Dr

General Information

Standard status Active
Size 1 SF
Class B
Lot size 1.00 Acre
Property subtype Multifamily, Mixed Use, Land

Building Details

Units 3
Listing Agency: Collier Realty and Management
Listed By: Edward Blackburn · License #SL612045
Source: Crexi
Added: Sep 13, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:34AM

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 Collier Realty and Management

Investment Insights

Based on property information with market context.

This 1-acre property is located near downtown Punta Gorda Fisherman’s Village and Allegiant’s new Sun Seeker resort. It is well-suited for development into multi-family and/or affordable housing, with schools located very close by. Many new developments are planned in the area in Willow Park by Lennar Homes. Charlotte County is experiencing tremendous growth, and the Punta Gorda airport and industrial park are under expansion. The property has the potential to be converted to commercial use. A new Publix-anchored shopping center is being built around the corner. The owner will consider exchanges or owner financing.

Key Highlights

  • Excellent location near downtown Punta Gorda Fisherman’s Village and Allegiant’s new Sun Seeker resort.
  • Potential for multi‑family and/or affordable housing development.
  • Close proximity to schools.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Storage Facility Spa & Massage Center HVAC Service

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

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 33982, FL

12,404
Population
6,091
Households
2
Avg Household Size
52
Median Age
25%
College-Educated
88%
High-School Grad
407.1 sq mi
ZIP Area
30
Density / Sq Mi
$68,514
Median Household Income
$43,964
Median Earnings
$1,104
Median Rent
$285,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land near downtown, suitable for multifamily or commercial development.
Where is this commercial land located?
The property is located at 5128 S Fairway Dr Punta Gorda, FL.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Excellent location near downtown Punta Gorda Fisherman’s Village and Allegiant’s new Sun Seeker resort.; Potential for multi‑family and/or affordable housing development.; Close proximity to schools.
(239) 263-0349 Call to check price and availability
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