$445,100
About this home
This 2.25-acre parcel presents a fantastic investment opportunity, offering the potential for substantial returns. With a density allowance for 9 multi-family units, this property is ideal for residential development. Additionally, the adjacent property is zoned CG (Commercial General), suggesting the possibility of re-zoning this parcel to commercial use, offering even more flexibility in the type of development you could pursue. Previously used for mobile homes before Hurricane Charley, the property is likely to have impact fees already paid, which represents a significant savings on development costs. This is an important factor in reducing upfront expenses and streamlining the development process. The land is already cleared, making it ready for immediate development, and is served by county water. Sewer access is within a short distance on Florida Street, which further enhances its attractiveness for development. With great exposure from Duncan Road (US 17), the location offers close proximity to downtown Punta Gorda and easy access to I-75, making it a prime spot for residential or commercial development, depending on zoning changes. This is a highly desirable area for both residential and commercial projects, adding even more potential value to the property. This parcel is an excellent opportunity for developers looking to take advantage of a prime location with pre-existing infrastructure and possible zoning flexibility.
Property details
- MLS #
- MFRC7506720
- Property type
- Land
- Subdivision
- PINEAPPLE TERRACE
- Status
- Active
- Days on market
- 451
- On market date
- March 11, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 2.25 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 674
- Student:teacher ratio
- 15.0:1
- District
- CHARLOTTE
- Enrollment
- 1,228
- Student:teacher ratio
- 21.5:1
- District
- CHARLOTTE
- Enrollment
- 1,950
- Student:teacher ratio
- 22.9:1
- District
- CHARLOTTE
Walkability
Blended score for PUNTA GORDA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Market position
How this listing compares to current activity in PUNTA GORDA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 8, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.