25276 Tangerine Avenue, Punta Gorda, FL 33983

Property Description

This is a previously approved Planned Development (PD) of 9.53 acres permitting 47 single family units. The former (PD) Planned Development was approved as if it is RMF5 or 5 units per acre density (47 units) and a clubhouse facility. 24 of the units have a waterfront view onto an interior freshwater lake. The development has a small street frontage on Luther Road with broad frontage on Tangerine and Tangelo Avenues. The property is native and undeveloped. The property has public water and sewer located in Luther Road and available. With SPECIAL EXCEPTION the RMF5 zoning MAY with approval permit nursing homes, adult congregate living facilities, group homes, child and adult day care facilities and schools. Consult the local zoning official for details regarding other concepts which may be possible with the zoning boards approval. There is an additional property owned by the same owner adjacent to this parcel for sale off Luther Road and adjacent to this PD. That parcel consists of 7.17 acres medium density RMF10 zoning of 64 or even more units. The neighboring parcel had a plan consisting of building coverage of 51,200 sqft with 121 parking spaces with all units having a waterfront view. A clubhouse and pool are provided. The area consists of multi-family developments, a chruch and vacant land zoned multi-family and commercial. A survey and a plan is available