$49,900

About this home

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.

Property details

MLS #

MFRO6398560

Property type

Land

Subdivision

PUNTA GORDA ISLES SEC 23

Status

Active

Days on market

161

On market date

April 14, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.46 acres

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).