Description

Now offered for sale: hard to find 2.02-acre multifamily parcel located within the Punta Gorda city limits and zoned NR-15, allowing up to 15 units per acre. In-city acreage of this size is increasingly difficult to find, especially in established areas close to downtown. The zoning supports approximately 30 residential units, creating flexibility for a well-planned multifamily or residential development. The property is situated less than one mile from downtown Punta Gorda, offering convenient access to restaurants, waterfront parks, marinas, shopping, and community events. City utilities help reduce uncertainty and development timelines, making this a practical infill opportunity. The surrounding area is already established, supporting long-term demand for rental housing as Punta Gorda and Charlotte County continue to see steady population and workforce growth. This offering creates opportunity for developers and investors seeking multifamily development land in Punta Gorda Florida, with favorable zoning, meaningful density, and a location that aligns with today’s market demand. **Seller financing terms: 30% down, 6% interest, 3 year balloon, auto pay provision. Additional zoning information is available upon request**

Provided by Time Realty Services Inc