5128 Fairway Dr Punta Gorda, FL 33982
- Commercial real estate
- 1 SF
- 0.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5128 Fairway Dr
- Lot size
- 0.25 lot acres
- Property size
- 1 SF
- Property type
- Commercial real estate
- APN
- 412303252005
Description
This exceptional 0.25-acre commercial property, located at 5128 S Fairway Dr, Punta Gorda, FL 33982 (APN 412303252005), presents a unique investment opportunity. Currently configured as a three-unit multifamily building, this Class B property offers significant potential for redevelopment. The asking price is $35,000, translating to a price per square foot of $35,000. Its strategic location near downtown Punta Gorda, Fisherman's Village, and Allegiant's new Sun Seeker resort makes it highly attractive for various uses. The property benefits from its proximity to schools and numerous planned developments in the Willow Park area by Lennar Homes. Charlotte County's robust growth, fueled by the expanding Punta Gorda airport and industrial park, further enhances the property's value. The potential for conversion to commercial use adds to its versatility. A new Publix-anchored shopping center is under construction nearby, adding to the area's appeal. The seller is open to exploring owner financing options and potential exchanges. This is one of eight similar lots available in the immediate vicinity. This property represents a compelling opportunity for investors seeking a versatile asset in a rapidly growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Punta Gorda
- County
- Charlotte
- State
- Florida
- Longitude
- -82.0011453
- Latitude
- 26.9397555
