Waterfront Multi-Family Opportunity

Vacant Land for Sale
Catylist Listing ID: 30344092
Property Subtypes: Multi-Family
Gross Land Area: 24,688 SF
Sale Price: $445,000
Unit Price: $18.02 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/21/2019

Overview / Comments

Here is your opportunity to take advantage of a large waterfront lot with gulf access on over .5 of an acre already zoned for multi-family residential. Possibly up to 8 units per GM-15 zoning can be built on this lot. Location is pristine sitting right on one of the canals in beautiful Punta Gorda Isles. This property boasts 100' of seawall maintained by the city of Punta Gorda, subject to dock regulations and permitting.

Punta Gorda is a vibrant waterfront community with a connected and relaxed lifestyle, located near the bustling communities of Port Charlotte and North Port. As the only incorporated city of Charlotte County, Florida, Punta Gorda is the vibrant engine of the area. It boasts wonderful restaurants, marinas and a pace of life that people from around the world come to enjoy. The City offers businesses a year-round clientele, which is made up of local, domestic and international customers. It is also responding to industry as commerce realizes the importance of our location as Southwest Florida continues to boom and grow.

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte County
Tax ID/APN: 412212326001
Zoning: GENERAL MULTI FAM DIST-GM-15
Property Visibility: Excellent
Legal Description: PGI 09B 0110 0001 PUNTA GORDA ISLES SEC 9B BLK 110 LT 1 LESS A PARCEL DESC AS COMM AT SW COR LT 1 N ALG W LN LT 1 116.20FT FOR POB CONT N 1.96FT TO BEG OF A CURVE NE/LY ALG ARC OF SAID CURVE 39.77FT SE ALG S/LY R/W MARION AVE 130.01FT W 152.03FT TO P OB 677/828 67
Largest Nearby Street: W Marion Ave
Feet of Frontage: 232
Airports: PGD, RSW, SRQ, TPA, PIE
Site Description: Vacant waterfront parcel with 100' of city maintained seawall. Saltwater canal with access to the Gulf of Mexico.
Lot Frontage: 232
Lot Depth: 117
Zoning Description: General Multi Fam Dist-Gm-15

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,173 21,485 58,985
Median Age: 62.17 59.91 55.63
Households: 2,096 10,675 28,043

Contact

Photograph of Listing Agent

Howard Corr

CORR COMMERCIAL ADVISORS LLC
MFCRE Member
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