840 Carmalita StPunta Gorda, FL 33950

Property Details for 840 Carmalita St

Lot size

1.04 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 1.04-acre property at 840 Carmalita Street in Punta Gorda, Florida, presents a compelling investment opportunity. Currently configured as a mixed-use, Class B multifamily building with 18 units, this property offers significant potential for growth and development. Located in Charlotte County, zip code 33950, the property benefits from its proximity to key amenities, including downtown Punta Gorda, Fisherman's Village, and Allegiant's new Sun Seeker resort. The strategic location near schools and numerous planned developments, such as those by Lennar Homes in Willow Park, further enhances its appeal. Charlotte County's robust growth trajectory, fueled by the expansion of the Punta Gorda airport and industrial park, creates a favorable market for multifamily and affordable housing. The property's zoning allows for the potential addition of more units, exceeding the current 18. The asking price is $210,000. This is a rare chance to acquire a well-positioned multifamily asset in a thriving Florida market. Serious inquiries are encouraged.

Location Insight

City

Punta Gorda

County

Charlotte

State

Florida

Latitude

26.9301

Longitude

-82.0361

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