Punta Gorda, FL 33983,2250 LUTHER RD
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Punta Gorda, FL 33983,2250 LUTHER RD
Punta Gorda, FL 33983,2250 LUTHER RD
Punta Gorda, FL 33983,2250 LUTHER RD
Punta Gorda, FL 33983,2250 LUTHER RD

$710,000

Est. payment /mo

$449,000

58.1%
Est.Price: ?

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2250 LUTHER RD Punta Gorda, FL 33983

7.17 Acres Lot

SOLD DATE : 12/09/2021

Key Details

Sold Price $710,000

Property Type Vacant Land

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Subdivision Acreage

MLS Listing ID C7424368

Sold Date 12/09/21

Construction Status No Contingency

HOA Y/N No

Annual Tax Amount $9,144

Lot Size 7.170 Acres

Acres 7.17

Lot Dimensions 653x647x292x740 Est.

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.

Location

State FL

County Charlotte

Community Acreage

Zoning RMF10

Exterior

Utilities Available Electrical Nearby, Sewer Connected, Water Available

Building

Lot Size Range 5 to less than 10

Sewer Public Sewer

Water Public

Construction Status No Contingency

Others

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS
Listed by COLDWELL BANKER REALTY
Bought with COLDWELL BANKER REALTY

Jeramiah Bustin

License Partner - Broker Associate

+1(813) 857-2120

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