Land - Real Estate in Punta Gorda
Listing Price: $449,000 (Mortgage Calculator →)
Description of Property
This offering is a 7.17 acre project of medium density RMF10 zoning permitting 64 housing units. The property is just off Luther Road fronting on Tangerine Avenue about 300 feet east of Luther Road and is adjacent to a 4 acre commercial general site. The proposed project consists of 51,200 sqft. of residential units with 121 parking spaces. All residential units have a waterfront view as planned. A clubhouse and pool are provided. Currently the property is native and undeveloped. Any proposed development of the future can be reconfigured or even have density transfers to enhance the opportunities for a developer at this site. Across Tangerine Ave. is another multi-family offering of 10 acres which is available and for sale by the present owners. The general area has historically been designated for multi-family developments, churches, public service (Fire & EMS) and commercial type uses.
Property Details At A Glance
Property Type: Land
City: Punta Gorda
Subdivision: Acreage / Not Applicable
Annual Tax: $9,144
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Water Access: No
Exterior & ConstructionUtilities: Electrical Nearby
Sewer: Public Sewer
Water Source: Public
Flood Zone Code: x
Acreage Description: 5 to less than 10
Lot Size (acres): 12.03
Lot Size (sq. ft.): 523,922 square feet
Lot Dimensions: 653x647x292x740 Est.
Front Footage: 653
Front Exposure: North
Legal Description & Other Information
Financing Available: Cash
Tax Legal Desc.: ZZZ Sec 17 T40S R23E; P-1-36 71.47 AC M/L THE SW1/4-SW1/4-NE1/4 AND W1/2-SE1/4-SW1/4-NE1/4 LYING E OF I-75 Less the Westerly 4.3 acres zoned CG. Legal Descriptions subject to a survey. 881-588 1067/979 E1975/333 2331/1912 3936/228
Parcel Number: 402317252001
Listing courtesy of COLDWELL BANKER RESIDENTIAL RE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.