5128 Fairway DrPunta Gorda, FL 33982

Property Details for 5128 Fairway Dr

Lot size

0.25 AC

Property size (Sq ft)

1 SF

Property type

Other commercial real estate

Property subtype

Multifamily properties

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.

Location Insight

City

Punta Gorda

County

Charlotte

State

Florida

Latitude

26.9398

Longitude

-82.0011

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