8979 Burnt Store

Punta Gorda, FL 33950

$1,050,000

Property Description

HUGE PRICE REDUCTION! BRING OFFERS!DEVELOPER ALERT! MULTI-FAMILY/RESIDENTIAL DEVELOPMENT OPPORTUNITY! MOTIVATED SELLER w/ OWNER FINANCING!+/-49.33 Acres w/ 2 inter-connected lakes on Burnt Store Rd., in Punta Gorda. PD conditions state a retained base density of 49 units with a maximum building height of 38 feet. Property has a sunsetted DRC plan for the development of up to 80 units, including 39 lots for detached residences and 41 attached town-home style residences. A total of 31 units of transferred density would be needed.Ideally situated in an area booming with development, including the residential communities of Burnt Store Isles, Tuscany Isles, Aqui Esta, Twin Isles Country Club, Harbour Oaks and others.Fantastic location between US41 and I-75, with access from Taylor Rd., via Jones Loop Rd. to the South and Airport Rd. to the North. Retail, Medical and Service related businesses close by including Walmart Super Centers, Publix Shopping Center, Home Depot, Fisherman's Village, Sweetbay Supermarket and more! Minutes from Downtown Punta Gorda!Nearby attractions include city parks and beaches, dining and shopping destinations, as well as the Punta Gorda Airport!

Property Details

Property Type:
Land
MLS® #:
A4188640

Lot & Exterior Information

Acres:
49.33
Lot Dimensions:
1360x1630
Lot Size:
2148814
Pool On Property:
N
Utilities:
Other

Area Information

Area:
Punta Gorda
City:
Punta Gorda
County:
Charlotte
Gated Community:
N
State:
FL
Street Name:
Burnt Store
Street Number:
8979
Zip:
33950

Tax & HOA Information

Estimated Taxes:
$3491
Tax Year:
2016

Additional Information

Days On Market ( contiguous ):
106
Foreclosure:
N
Latitude:
26.904084
List Price:
$1,050,000
Listing Agent:
Andy Metz
Listing Office:
American Property Group
Longitude:
-82.0255619
MLS® #:
A4188640
Property Sub-Type:
Residential Development
Property Type:
Land
Short Sale:
N
Status:
Active
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Address 8979 Burnt Store
MLS # A4188640
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