![]() |
RESIDENTIAL PROPERTY WITH COMMERCIAL POTENTIAL
This versatile property is zoned Commercial General (CG), offering a unique opportunity for business owners, investors, or those looking for a live-work setup. It features a single-family home with 3 bedrooms and 1 bathroom, along with a one-car garage and a spacious lot that provides ample room for parking, storage, or future expansion. The location offers high visibility and easy access to major roads, making it ideal for various business opportunities.
Key Features
• Zoned Commercial General (CG) – Suitable for small businesses, office space, or mixed-use.
• Single-Family Home – 3 bedrooms, 1 bathroom, with potential for office conversion.
• One-Car Garage – Can be used for parking, storage, or workspace.
• Large Lot – Provides ample space for business operations, additional structures, or parking.
• RV Parking – Plenty of space to accommodate an RV or business vehicles.
• Prime Location – Less than 2 miles from downtown Punta Gorda, close to I-75 and Punta Gorda Airport.
• Live-Work Opportunity – Perfect for an owner who wants to run a business on-site.
Recent Upgrades
• New Roof – 2023
• New Water Heater – 2024
• New Air Conditioner – 2024
Ideal for
• Small businesses or startups needing office or retail space
• Investors looking for commercial property with residential use
• Contractors, landscapers, or service-based businesses needing extra storage or workspace
• Business owners seeking a location with both residential and commercial flexibility
• RV owners or businesses needing additional parking space
This property provides a rare opportunity to own a commercial-zoned lot with a home on it, allowing for endless possibilities. Whether you want to live in it, rent it out, or convert it for business use, this is a great investment.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | $235 | $235 | $235 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,991 | $2,097 | $2,672 |
Total Monthly Payment | $2,301 | $2,407 | $2,982 |
* 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.