This 1.7-acre parcel offers significant potential for development, with the possibility of subdividing into four lots. One lot is zoned for commercial/residential use, strategically positioned facing Marion Avenue, other 3 lots can be multi-family residences. While the property has experienced major flood damage and is deemed irreparable, it presents numerous opportunities for investment in a prime location near the heart of Punta Gorda. Prospective buyers are encouraged to consult Charlotte County zoning regulations to explore the myriad possibilities for commercial ventures. The site is in proximity to notable attractions such as Fisherman’s Village and offers convenient access to highways 75 and 41, as well as the new Sunseeker Resort at Charlotte Harbor. This expansive piece of land represents a unique opportunity to create a customized vision in a desirable area. RESIDENTIAL LISTING A4629954.
25318 Marion AVENUE, Punta Gorda, FL, 33950
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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