MULTI FAMILY OR HOSPITALITY

Vacant Land for Sale
Catylist Listing ID: 30023739
Property Subtypes: Hospitality, Multi-Family
Gross Land Area: 1.14 Acres
Sale Price: $1,200,000
Unit Price: $1,052,631 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/18/2020

Overview / Comments

Large 1.14 Acre parcel Zoned CR 3.5, Located close to the Peace River, newly constructed waterfront County Park and fishing pier. Best use would be Multifamily Condo development or possible Commercial Multifamily.

Over 1 Acre Parcel
Close to US41 Tamiami Trail
Corner Lot
Zoned for CR3.5 Multifamily Condo development or Hotel/ Hospitality

On the corner of Bayshore Rd and Sibley Bay St.
Close to Rte 41 and easily accessible to restaurants, medical facilities and retail stores.

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: CHARLOTTE COUNTY
Tax ID/APN: 402226482004
Zoning: CR 3.5
Property Located Between: Bayshore Live Oak Park and Edgewater Park
Property Visibility: Fair
Legal Description: KN1 000 0004 0002 KNIGHTS ADD CHAR HRBR BLK 4 LT 2
Largest Nearby Street: US 41
Feet of Frontage: 212
Traffic/Vehicle Count: 40,000
Highway Access: 3.7 mi away via Edgewater Dr and Port Charlotte Blvd
Airports: 10.6 km away from Punta Gorda 66.2 km away from Airport & Southwest Florida International Airport
Site Description: Raw Land
Area Description: Located close to the Peace River, newly constructed waterfront County Park and fishing pier. Best use would be Multifamily Condo development or Hotel/Hospitality. Three small motels and one restaurant in the same area.
Lot Frontage: 212
Lot Depth: 238
Zoning Description: CR 3.5
Soil Type: Mixed
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,496 35,138 93,468
Median Age: 56.43 53.16 53.34
Households: 2,166 16,620 42,832
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