2250 Luther Rd, Punta Gorda, FL 33983

This offering is a 7.17 acre project of medium density RMF10 zoning permitting 64 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 acre commercial general site. The proposed project consists of 51,200 sqft. of residential units with 121 parking spaces. All residential units have a waterfront view as planned. A clubhouse and pool are provided. 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. Across Tangerine Ave. is another multi-family offering of 10 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.