5200 Fairway DrPunta Gorda, FL 33982

Property Details for 5200 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 5200 S Fairway Dr, Punta Gorda, FL 33982 (APN 412303252007), presents a unique investment opportunity. Currently configured as a three-unit multifamily building, this Class B property offers significant potential for redevelopment. Its strategic location near downtown Punta Gorda, Fisherman's Village, and Allegiant's Sun Seeker resort positions it ideally for multifamily or affordable housing development. 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. A new Publix-anchored shopping center is under construction nearby. The property's zoning allows for potential conversion to commercial use. The asking price is $35,000. The owner is open to considering exchanges or owner financing. This is one of eight similar lots available in the immediate area. The property's square footage is listed as 1, but this is likely an error and should be verified independently.

Location Insight

City

Punta Gorda

County

Charlotte

State

Florida

Latitude

26.9398

Longitude

-82.0011

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