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Prime 1. 78-Acre Property in the Heart of Punta Gorda – Endless Potential!
Discover a rare opportunity to own 1. 78 beautiful acres in a prime Punta Gorda location, brimming with potential and surrounded by the charm of the city’s vibrant cultural scene. Situated directly across from the Punta Gorda Library and History Park, this unique property places you just steps away from local favorites like Hounds of Henry, the Visual Arts Center, and the bustling Fisherman’s Village. The city’s scenic 15-mile walking and biking path is right across the street, inviting you to enjoy an active, outdoor lifestyle.
Bordering a Traditional Residential neighborhood, this property is zoned Residential Edge, offering flexibility and a more diverse range of development possibilities. Whether you envision single-family homes, cozy cottages, duplexes, triplexes, fourplexes, or even multiplexes, the zoning allows for slightly higher density with potential for 15 units while accommodating a multitude of architectural styles including live/work space.
This is the perfect canvas for visionaries, developers, or investors with creative concepts in mind. With its unbeatable location and versatile zoning, the possibilities are endless. Please reference Punta Gorda Land Development Regulations.
Don’t miss this chance to bring your vision to life in the heart of Punta Gorda. Also additional parcel (13, 872sf) under a separate MLS C7504686—ask for details!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $959,200 | $959,200 | $959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.799% | 6.511% | 6.349% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,751 | $5,984 | $8,159 |
Total Monthly Payment | $5,876 | $6,109 | $8,284 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.