$49,900
Active · 73 days on market · MLS# MFRO6398560
| Lot size | 0.46 acres |
|---|---|
| Property type | Land |
| Waterfront | Yes |
| HOA fee | $205 |
| Annual taxes | $1,064 |
| County | Charlotte |
This premier multi-family lot in the desirable Deep Creek area (Section 23) of Punta Gorda offers an unmatched development opportunity. Spanning approximately 20,000 to 21,500 square feet, the property is already primed for growth with RMF15 multi-family zoning, allowing for up to 15 units per acre. A standout feature of this location is the surrounding landscape of vacant lots, which provides both immediate privacy and a rare chance for significant expansion. Investors can secure a larger footprint by acquiring adjacent available parcels, creating a more extensive residential project. Strategically positioned off Sandhill Boulevard, the site offers effortless and immediate access to I-75, ensuring seamless regional connectivity for future residents. Offered at a great price, with market values estimated around $49,000 to $53,000 per lot, this is a highly competitive entry point into a growing market. Essential infrastructure is already in place, with official confirmation that both potable water and sewer services are available for immediate development. Whether you are looking to build a private multi-family residence or a larger integrated community, this property’s mix of accessibility and expansion potential makes it a top-tier choice.
Listing courtesy of Terry Yonker, BUCKEYE REALTY LLC. Presented by MC Homes Realty Inc · 727432218.