25480 Dundee Road, Punta Gorda, FL 33950
- $445,100
- List Price
- $445,100
- Status
- Active
- Days on Market
- 550
- Price Change
- ▼ $49,900 1780963326
- MLS#
- C7506720
- Lot Size
- 97,829
- Acres
- 2.25
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- Pineapple Terrace
- Community Name
- Punta Gorda
- MLS Area Major
- Punta Gorda
Property Description
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.
Additional Information
- Taxes
- $2215
- Location
- Cleared
- Community Features
- No Deed Restriction
- Zoning
- MHC
- Utilities
- Electricity Available, Sewer Nearby, Water Available
- Pool
- No Pool
- Flood Zone Code
- AE
- Parcel ID
- 412305427004
- Legal Description
- PIT 000 0000 0128 LEGAL DESCRIPTION:LOT 128 THROUGH 135, INCLUSIVE, AND LOTS 142 THROUGH 149, PIT 000 000 0150 PINEAPPLE TE RR 150, 151, 152 AND 153, PIT 000 0000 0154 PINEAPPLE TE LTS 154, 155, &W/LY 12.67 FT OF LT 156 AKA TR 1, PIT 000 0000 0156 PINEAPPLE TERRACE LT 156 LESS W/LY 12.67F & ALL LTS 157, 158, 7 W/LY 7.52 FT LT 159 & ALL LTS 162-164 PIT 000 0000 0159 PINEAPPLE TERRACE LT 159 LESS W/LY 7.52 FT & ALL LTS 160, 161 LYING SOUTHERLY OF STATE ROAD 35 U.S. 17,
Listing courtesy of BARNES & PHILLIPS REAL ESTATE. 941-743-4200
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