925 Marion Ave Punta Gorda, FL 33950
- Commercial real estate
- 1.98 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 925 Marion Ave
- Lot size
- 1.98 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.98-acre residential land parcel presents a remarkable investment opportunity in Punta Gorda, Florida. Comprising two contiguous parcels, this property boasts significant frontage along Pittman Street (420 feet), Marion Avenue (207 feet), and Olympia Avenue (204 feet), offering excellent visibility and accessibility. Zoned NE-15, the land allows for a density of 15 units per acre, permitting the development of single-family detached homes, duplexes, and multi-family dwellings. Special exceptions extend to structures up to three stories and include child care facilities. The property's strategic location within a well-established residential neighborhood, near the Military Heritage Museum, and its proximity to major transportation arteries, significantly enhance its value. It's situated just half a mile from Tamiami Trail (US 41), experiencing 28,000 vehicles daily, and three miles from Interstate 75, providing easy access to Tampa and Fort Myers. Furthermore, Punta Gorda Airport is only four miles away. The asking price for this prime development site is $1,350,000. This presents a unique chance to capitalize on the thriving Punta Gorda real estate market and create a successful residential project. The property is located in Charlotte County, Florida, with addresses at 925 W Marion Ave and 960 W Olympia Ave, Punta Gorda, FL 33950.
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
- -82.059746481209
- Latitude
- 26.928358239916
