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Presented by
Betty Stroll |
Exclusive Waterfront Development Opportunity in Punta Gorda Isles.
Rare canal-front parcel offering approximately 0. 57 acres (24, 688 SF) and zoned GM-15, which permits up to 15 residential units per acre under current zoning regulations, allowing for approximately 8 residential units on this site.
The property offers open canal and water views and is surrounded by established upscale residences and condominium developments. Suitable for a boutique condominium project, luxury waterfront residences, or small multifamily development, consistent with current GM-15 zoning standards.
Preliminary architectural elevations for an 8-unit residential concept are available for reference purposes only and are not approved plans.
GM-15 zoning supports medium- to high-density residential development, providing flexibility in unit design and configuration, subject to the standard development and permitting process.
Located minutes from Fishermen’s Village, Downtown Punta Gorda, dining, shopping, parks, and waterfront promenades, this property combines location, zoning, and scarcity—key drivers of long-term value.
Vacant canal-front multifamily land in Punta Gorda Isles is extremely limited, making this a compelling opportunity for developers, investors, or 1031 exchange buyers.
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:
$595,000
Sales Associate
William Raveis Real Estate
Phone: 203.856.6577
Betty.Stroll@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $476,000 | $476,000 | $476,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,851 | $2,970 | $3,921 |
| Total Monthly Payment | $2,943 | $3,062 | $4,013 |
* 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.