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4 Parcel package MF 15 zoning Punta Gorda, Florida 33950 Now offered for sale: hard to find 2. 02-acre multifamily parcel located within the Punta Gorda city limits and zoned NR-15, allowing up to 15 units per acre. In-city acreage of this size is increasingly difficult to find, especially in established areas close to downtown. The zoning supports approximately 30 residential units, creating flexibility for a well-planned multifamily or residential development. The property is situated less than one mile from downtown Punta Gorda, offering convenient access to restaurants, waterfront parks, marinas, shopping, and community events. City utilities help reduce uncertainty and development timelines, making this a practical infill opportunity. The surrounding area is already established, supporting long-term demand for rental housing as Punta Gorda and Charlotte County continue to see steady population and workforce growth. This offering creates opportunity for developers and investors seeking multifamily development land in Punta Gorda Florida, with favorable zoning, meaningful density, and a location that aligns with today’s market demand. **Seller financing and additional zoning information is available upon request**
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William Raveis Mortgage, LLC
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NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $739,600 | $739,600 | $739,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.082% | 5.858% | 5.806% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,142 | $4,316 | $6,092 |
| Total Monthly Payment | $4,234 | $4,408 | $6,184 |
* 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.