Prime Punta Gorda Location with Approved Multi-Family Development Plans. This exceptional 0.778-acre vacant lot presents a rare opportunity for developers seeking a multi-family residential project. Capitalize on the convenience of already approved plans for

514 SOLANA LOOP, Punta Gorda

$399,000 USD
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Address514 SOLANA LOOP, Punta Gorda
Type of PropertyMixed Use
Type of BusinessCommercial / Residential Income, Residential-Multi-Family
Price$399,000
Previous Price$435,000 (29 days ago)
Property StatusActive
MLS NumberA11551436
Property Size33891
Lot Size33891
Folio Number412305254001
Zoning InformationOMI, RMF
Days on Market63

Detailed Description: Prime Punta Gorda Location with Approved Multi-Family Development Plans. This exceptional 0.778-acre vacant lot presents a rare opportunity for developers seeking a multi-family residential project. Capitalize on the convenience of already approved plans for a 19-bedroom building. OWNER FINANCING AVAILABLE Situated in close proximity to the main hospital and downtown, this property benefits from Charlotte County’s continued population growth, with county planning forecasts showing demand for more than 20,000 additional housing units by 2030. Shovel-ready and offers easy access to city infrastructure. While currently approved for multi-family use, zoning OMI (Commercial, Office, Manufacturing, and Institutional) provides flexibility to explore alternative development options.

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Address Information
StateFlorida
CityPunta Gorda
CountyCharlotte County
Zip Code33950
Address514 SOLANA LOOP
Financial Information
Price$399,000
Price per Foot$0
Previous Price$435,000
Folio Number412305254001
Possession InformationNegotiable
Full Descriptions
Detailed DescriptionPrime Punta Gorda Location with Approved Multi-Family Development Plans. This exceptional 0.778-acre vacant lot presents a rare opportunity for developers seeking a multi-family residential project. Capitalize on the convenience of already approved plans for a 19-bedroom building. OWNER FINANCING AVAILABLE Situated in close proximity to the main hospital and downtown, this property benefits from Charlotte County’s continued population growth, with county planning forecasts showing demand for more than 20,000 additional housing units by 2030. Shovel-ready and offers easy access to city infrastructure. While currently approved for multi-family use, zoning OMI (Commercial, Office, Manufacturing, and Institutional) provides flexibility to explore alternative development options.
Water DescriptionPublic
Sewer DescriptionPublic Sanitation
Property parameters
Living Area33891
Lot Size33891
Total Acreage0.778
Zoning InformationOMI, RMF
Maximum Leasable Size33891
Type of PropertyMixed Use
Type of BusinessCommercial / Residential Income, Residential-Multi-Family
Listed withOne Sotheby’s International Realty