2420 Luther RdPunta Gorda, FL 33983

Property Details for 2420 Luther Rd

Lot size

0.97 AC

Zone code

CG COMMERCIAL-GENERAL

Property type

Land

Property subtype

Commercial land

APN

40-23-17-402-007

APU

402317402007

Description

Exceptional commercial land opportunity awaits in Punta Gorda, Florida. This 42,144 square foot lot, zoned CG (Commercial General), presents versatile development potential. Located at 2420 Luther Rd, in Charlotte County, zip code 33983, this property offers convenient access to I-75, despite being approximately 99 miles from the interstate. Its strategic location within a mile of three golf clubs and surrounded by substantial residential communities ensures high visibility and strong potential for growth. The asking price is $200,000, translating to $206,720 per acre. This rapidly developing area makes this land a compelling investment for developers and investors seeking to capitalize on the increasing commercial demand in Punta Gorda. The property's size and zoning provide flexibility for a wide range of commercial uses, making it an attractive option for those looking to establish a presence in this thriving Florida market. This is a rare opportunity to acquire a well-positioned commercial lot in a high-growth area.

• Alternative Use

  Use

  Valuation

  Residential

  $13,949,919

  Hospitality

  $12,778,051

  Educational

  $10,631,189

  Medical

  $10,996,811

  Retail

  $16,537,404

Location Insight

City

Punta Gorda

County

Charlotte

State

Florida

Latitude

26.992

Longitude

-82.0298

CBSA code

39460

CBSA name

PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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