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$575,000
2 Beds 2 Baths Woods Second Add SubDv. 33950 Zip Code
Unique investment opportunity in the heart of Punta Gorda! This duplex property offers flexibility for both residential use and potential commercial applications with Neighborhood Center (NC) zoning. The property features two separate units being sold together—one side offering a 2-bedroom, 1-bath layout, and the other a 1-bedroom, 1-bath configuration, providing versatility for rental income, owner-occupancy, or mixed-use potential. Situated within city limits and centrally located, this property is ideal for investors, business owners, or those seeking a live/work opportunity. The NC zoning allows for a variety of uses, making this a rare find in a growing area of Punta Gorda. Whether you’re looking to expand your portfolio or explore commercial possibilities, this duplex presents strong potential and flexibility. Potential Buyers should do due diligence, check all current Punta Gorda zoning and codes as well as future planning.

725 Patty Avenue, Punta Gorda

$85,000
Woods Second Add SubDv. 33950 Zip Code
ATTENTION DEVELOPERS & INVESTORS: Rare opportunity to acquire a prime multi-family building lot zoned for up to 3 to 4 units in a high-demand market. With the adjacent 3-bedroom, 2-bathroom home on a modest 3,700 sqft lot currently listed for $319,900, the massive value-added potential and strong ROI of this oversized parcel make it a perfect, investment opportunity. Situated in a highly desirable area of Punta Gorda, 623 Fitzhugh Avenue offers a rare opportunity to develop in one of the city’s most walkable and steadily growing neighborhoods. This cleared, build-ready property is zoned Neighborhood Residential NR-15, allowing for multi-family development and supporting a variety of residential configurations consistent with the surrounding historic area. The property measures approximately 11,194 square feet, or 0.257 acres, which under current zoning may allow for up to 4 residential units depending on final design, footprint, and city approval. The land elevation is approximately 14 feet according to county maps, adding to its overall desirability. The parcel benefits from access on two streets, providing flexible ingress and egress options for future development, and is located adjacent to the Medical Overlay District. Its prime location places it within short distance of downtown Punta Gorda, the hospital, parks, dining, and waterfront attractions, making it an ideal setting for residential units that cater to today’s demand for convenience and lifestyle-oriented living. The NR-15 zoning encourages pedestrian-friendly development and allows for structures up to three stories, offering design flexibility while maintaining neighborhood character. As Punta Gorda continues to experience strong residential demand and redevelopment activity, this property stands out as an excellent investment or development opportunity in a proven and evolving market. Buyers are encouraged to verify all zoning, density, and development details with the City of Punta Gorda and through an updated survey.

623 Fitzhugh Avenue, Punta Gorda