PUNTA GORDA - 2-Acre Development Opportunity near Downtown

Property Overview

960 W. Olympia Ave./925 W. Marion Ave., Punta Gorda, FL 33950

2 combined parcels of approximately 1 acre each. Combined site has frontage on both W. Marion Ave. and W. Olympia Ave. and located close to downtown Punta Gorda and one block from the waterfront. Zoning for up to 30 units within 3 stories. 925 W. Marion Ave. is a developed parcel with a 1961 vintage, 2,361 square foot house, suitable for a tear down. Existing tenant has a one-year lease at 925 W.Marion Ave.

  • 2± Acres
  • Combined site is 208 feet wide by 416 feet deep
  • Zoning: NR-15 - Neighborhood Residential (City of Punta Gorda)
  • Utilities: Water and Sewer
  • Uses: Residential and Multi-Family
  • R.E. Taxes (combined parcels): $12,001.37 (2021)
  • Strap#: 412212253002 & 412212253001

Property Details

For Sale:Yes
Subtype:Vacant Land: Multi-Family
Use Type:Vacant/Owner-User, Business
Status:Sale Pending
Street Address:960 W. Olympia Ave./925 W. Marion Ave.
City:Punta Gorda
Postal Code:33950
Asking Sale Price:$1,800,000
Terms:Cash to Seller
Construction Siding:Brick
Land Size:2 Acres
Lot Frontage:208 feet
Lot Depth:416 feet
Zoning:NR-15 - Neighborhood Residential (City of Punta Gorda)
Legal Description:Strap#: 412212253002 & 412212253001