Land - Real Estate in Punta Gorda
SOLD for $410,000 on December 9, 2021
Listing Price: $499,000Sold Price: $410,000Sold Price/List Price: 82%
Description of Property
This is a previously approved Planned Development (PD) of 9.53 acres permitting 47 single family units. The former (PD) Planned Development was approved as if it is RMF5 or 5 units per acre density (47 units) and a clubhouse facility. 24 of the units have a waterfront view onto an interior freshwater lake. The development has a small street frontage on Luther Road with broad frontage on Tangerine and Tangelo Avenues. The property is native and undeveloped. The property has public water and sewer located in Luther Road and available. With SPECIAL EXCEPTION the RMF5 zoning MAY with approval permit nursing homes, adult congregate living facilities, group homes, child and adult day care facilities and schools. Consult the local zoning official for details regarding other concepts which may be possible with the zoning boards approval. There is an additional property owned by the same owner adjacent to this parcel for sale off Luther Road and adjacent to this PD. That parcel consists of 7.17 acres medium density RMF10 zoning of 64 or even more units. The neighboring parcel had a plan consisting of building coverage of 51,200 sqft with 121 parking spaces with all units having a waterfront view. A clubhouse and pool are provided. The area consists of multi-family developments, a chruch and vacant land zoned multi-family and commercial. A survey and a plan is available
Property Details At A Glance
Property Type: Land
City: Punta Gorda
County: Charlotte
Subdivision: Acreage
Annual Tax: $6,870
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Utilities:
- Electrical Nearby
- Sewer Nearby
- Telephone Nearby
- Water Nearby
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 9.53
Lot Size (sq. ft.): 435,600 square feet
Lot Dimensions: 39 x586 x 667 x 623 x 648
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 402317251001
Zoning: RMF5(PD)
Tax Legal Desc.: Sec 17-40-23; P-1-24; 9.53 AC M/L; THe NW1/4 OF SW1/4 OF NE1/4 LESS TAKING I-75 IN 535/727 433/156 313/9551539/536 1550/2157 PR97-1009 CD1610/1941 2420/403-405 RES3377/255
Listing courtesy of COLDWELL BANKER REALTY. 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.