This prime commercial lot in downtown Punta Gorda offers a RARE OPPORTUNITY for development or investment. Consisting of three parcels totaling approximately 0.9+/- acres ZONED CG, the property features dual road frontage with 150 feet on Marion Avenue and 106 feet on Union Avenue, ensuring high visibility and accessibility. A 588sqft 1bedroom/1bathroom structure is located on-site and conveys as-is, offering potential for office space and other opportunities. The property is equipped with a concrete driveway, as well as existing electric, water, and septic. Includes address: 2405 Union & 2407 Union Punta Gorda. Conveniently situated near I-75, US-41, and the historic downtown district, this location provides excellent connectivity to key business and retail areas.
25508 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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