Florida Homes Realty & Mortgage-St Johns
2250 LUTHER ROAD Punta Gorda, FL
$ 449,000
Property Attributes
  • MLS#C7424368
  • TypeLand
  • CityPunta Gorda
  • AreaPunta Gorda
  • NeighborhoodAcreage
  • Zip33983
  • Style
  • Taxes$ 9144
  • Price$ 449,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7.17 Acres
Listing Provided Courtesy Of:
Data Source:
Stellar MLS
Property Description

This offering is a 7.17 acre project of medium density RMF10 zoning permitting approximately 64 or even more housing units. The property is just off Luther Road fronting on Tangerine Avenue about 300 feet east of Luther Road and is adjacent to a 4.3 acre commercial general site. There was a proposed PD project that consisted of 51,200 sqft. of residential units with 121 parking spaces. All residential units were to have a waterfront view as planned with a clubhouse and pool. Currently the property is native and undeveloped. Any proposed development of the future can be reconfigured or even have density transfers to enhance the opportunities for a developer at this site. The RMF zoning permits homes, duplexes, mulit-family residences, cluster homes and patio homes. With SPECIAL EXCEPTION approval, nursing homes, adult congregate living facilities, group homes, child and adult day care facilities and schools may be permitted. Consult the local zoning official for details regarding other concepts which may be possible with the zoning boards approval. Across Tangerine Ave. is another multi-family offering of about 9.5 acres which is available and for sale by the present owners. The general area has historically been designated for multi-family developments, churches, public service (Fire & EMS) and commercial type uses.

Price History
5/30/2021 Listed $449,000

General Features

Facing Direction North
MLS Area 33983 - Punta Gorda
Property Type Land
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdiv Community Name Not Applicable
Subdivision Name ACREAGE
Terms Cash
Township 40
Utilities Electrical Nearby, Sewer Connected, Water Available
Zoning RMF10
Zoning Compatible Yn Yes

Exterior Features

Front Footage 653
Lot Dimensions 653x647x292x740 Est.
Lot Size Acres 7.17
Lot Size Square Feet 312325


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33983

AVG $120K
AVG $1,054
AVG 116

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