514 Solona Loop - Commercial LAND FOR SALE


Punta Gorda, FL 33950 33,977 SF
$399,000 USD
305-753-3809
514 Solona Loop, Punta Gorda, FL for Sale
$399,000 USD
Commercial LAND - FOR SALE
1/18
33,977 SF

514 Solona Loop
Punta Gorda, FL 33950


HIGHLIGHTS

  • Prime OMI-zoned property in a high-demand area
  • 25% ROI at stabilization
  • Shovel-ready site with immediate development potential, city water connected
  • Proximity to central hospital and downtown

OVERVIEW

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, allowing to fast-track investment goals. Owner financing available. ??????? 514 Solana Loop is 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 compatible alternative development options. Situated in close proximity to the central 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.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/ACRE

$511,535/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

514 Solona Loop

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.78 AC

LAND SF

33,977 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CMI

APN/PARCEL ID

412305254001

ASK ABOUT THIS PROPERTY

Andrea DiazOne Sotheby's International RealtyMore Info
305-753-3809

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Andrea DiazOne Sotheby's International RealtyMore Info
305-753-3809

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.