0Punta Gorda, FL 33950

Property Details

Lot size

0.54 AC

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional 0.54-acre commercial and residential land parcel, located in Punta Gorda, Florida (zip code 33950), presents a unique investment opportunity. Designated as Lot 9 in Clay's Subdivision, this property is zoned RMF5, permitting the construction of up to five units per acre, making it ideal for multi-family development. County records indicate the lot size is approximately 0.54 acres. Access is via an unconstructed city right-of-way off Cooper Street. The land is currently heavily vegetated with mature pepper trees, palms, and other plants. Conveniently located near essential amenities, this property boasts proximity to family-oriented schools, Florida SouthWestern State College (FSW), a police station, a growing airport, various services, a hospital, and a significant concentration of multi-family and cluster homes. Municipal water and sewer services are readily available nearby. The asking price for this strategically positioned lot is $90,000. Note that an additional 2.33 acres of land is available in the vicinity for potential expansion or complementary development. This property offers significant potential for investors seeking to capitalize on Punta Gorda's thriving real estate market.

Location Insight

City

Punta Gorda

County

Charlotte

State

Florida

Latitude

26.9203

Longitude

-82.0396

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