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    5310 Fairway Dr Punta Gorda, FL 33982

    Sponsored
    For Sale
    $35,000

    0.25-acre island, 3 units, development potential

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.25-acre island property in Punta Gorda, Florida, presents a unique investment opportunity. Located at 5310 S Fairway Dr, 33982, in the desirable Southwest Florida ECAP area, this mixed-use, multifamily land parcel offers significant potential for development. Currently featuring three units, the property is ideally situated near downtown Punta Gorda, Fisherman's Village, and Allegiant's new Sun Seeker resort, ensuring high visibility and accessibility. The proximity to schools and numerous planned developments in the Willow Park area, including Lennar Homes projects, further enhances its appeal. Charlotte County's robust growth, fueled by the expanding Punta Gorda airport and industrial park, creates a favorable market for both residential and commercial ventures. The property's zoning allows for potential conversion to commercial use, capitalizing on the construction of a new Publix-anchored shopping center nearby. This is one of eight similar lots available in the immediate area. The seller is open to exploring exchange options or owner financing. The asking price is $35,000, reflecting a price per square foot of $35,000. The property's APN is 412303230004.

    Property Features for 5310 Fairway Dr

    General Information

    Property type
    Multifamily properties
    Square Feet
    1 SF
    Class
    B
    Lot Size
    10,890 SF

    Building Details

    Units
    3

    HighLights

    • $35,000 asking price for a 0.25‑acre lot.
    • Multifamily, mixed‑use, and land designation.
    • Located in Punta Gorda, FL, near Fisherman's Village and new developments.
    • Potential for multifamily, affordable housing, or commercial conversion.
    • Three units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Private islands

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.0011453
    Latitude
    26.9397555

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    FAQs

    What type of property is this?
    Multifamily property - 0.25-acre island, 3 units, development potential
    Where is this multifamily property located?
    The property is located at 5310 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: $35,000 asking price for a 0.25-acre lot.; Multifamily, mixed-use, and land designation.; Located in Punta Gorda, FL, near Fisherman's Village and new developments.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5310 Fairway Dr Punta Gorda, FL 33982
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