Property summary
This exceptional 3.57-acre parcel in Punta Gorda, Florida, presents a remarkable opportunity for multifamily development. Approved for 53 residential units under RMF15 zoning, this land is ready for immediate construction. The property's prime location offers convenient access to a wealth of amenities, including proximity to downtown Punta Gorda, local schools, a community pool, athletic fields, and the Charlotte County Arts Center. Furthermore, its strategic position places it just two miles from Florida SouthWestern State College and downtown Punta Gorda, and within a short three-and-a-half-mile radius of Punta Gorda Airport and four miles from the Sun Seeker Resort. The asking price is $1,900,000. Attractive seller financing is available, featuring a 25% down payment and a 5.5% interest-only loan amortized over three years. Detailed Development Review Committee (DRC) approval documentation is available upon request. This is an exceptional investment opportunity in a thriving Florida community. The property is located at 650 Clemens Ave, Punta Gorda, FL 33950, in Charlotte County.
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