1625 W Marion Avenue, Punta Gorda, FL 33950

$1,999,999
Sold Price
$1,999,999
List Price
$1,999,999
Status
Sold
Closing Date
Oct 13, 2021
MLS#
C7250895
Lot Size
178,596
Acres
4.10
Total Acreage
2 to less than 5
Legal Subdivision Name
Punta Gorda Isles Sec 9b A Port
Community Name
Punta Gorda Isles
MLS Area Major
Punta Gorda

Property Description

Development Opportunity Zoned Neighborhood Center Allows 61 units 4.1 acres +/- $14/sf $41k/unit 545’ frontage on W Marion Ave.? 535' Frontage on Saltwater Canal Water and Sewer available 34 Wet Slips Curb cut into property on Marion and Bal Harbor.? Most Attractive Land in PGI. Max Building size 15,000sf. No max number of buildings. Allowed to build 3 floors over parking W Marion Ave- AADT 13,000 1 Mile from Tourist Attraction Fisherman’s Village Centrally located 1 hour distance to both Naples (S) & Tampa (N) 2 Bldg Investment for sale on connecting lots. 1675 W Marion Ave. $1.95M 6.7% Cap Rate $130,000 NOI *** Brochure Attached***

Additional Information

Taxes
$18604
Location
City Limits, Paved
Community Features
No Deed Restriction
Zoning
NC
Utilities
Sewer Available, Water Available
Pool
No Pool
Water Extras
Dock - Concrete, Seawall - Concrete
Water View
Canal
Water Access
Canal - Saltwater
Water Frontage
Canal - Saltwater
Flood Zone Code
AE
Parcel ID
412212301003
Legal Description
PGI 09B 0000 00TE PUNTA GORDA ISLES SEC9B A PORTION OF TRACT E DESC AS COMM AT SW COR TRACT E TH E ALG S LN 125.47 FT FOR POB TH N 441.67 FT TO S ROW MARION AVE TH E 521.34 FT S 60 FT NW 42.97 FT W 91.93 FT SW 41.85 FT S 318.03 FT W 379.36 FT TO POB 812/102 RE879/132

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Calculator source: Real Geeks

Listing courtesy of MAXIM COMMERCIAL REAL ESTATE,. Selling Office: ANDREWS & ASSOCIATES REALTY.

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