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Punta Gorda,FL 33950
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,452 sqft
Price per Sqft $142
Subdivision Pineapple Centre
MLS Listing ID TB8415069
Construction Status Fixer
HOA Y/N No
Year Built 1956
Annual Tax Amount $13,006
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Unlock the potential of this unique and expansive property located in the heart of Punta Gorda—an area known for its waterfront charm, active boating lifestyle, and convenient access to Sarasota, Tampa, and Naples. With OMI zoning in Charlotte County, this one-of-a-kind site offers immense redevelopment or repositioning opportunity for investors, developers, or entrepreneurs with vision.
Situated on over half an acre (.57 acres), this property features four separate structures housing a total of seven individual units, making it ideal for future hospitality, multifamily, executive rental, or professional office uses (subject to code compliance and permitting). While currently in need of significant restoration following hurricane damage, the existing footprint offers a dynamic canvas to bring this former short-term rental property back to life.
At the heart of the property is a large, screen-enclosed pool with spa, surrounded by mature tropical landscaping, including soaring bamboo, palms, and a tranquil koi pond—all of which contribute to a lush, private setting. A separate full pool bath structure adds functional appeal for future guest or tenant use, while a centrally located storage hut offers practical space for maintenance equipment or supply storage.
The layout of the buildings creates a sense of community while allowing for privacy between units—ideal for a resort-style redevelopment or compound-style lodging concept. Whether reimagined as a boutique retreat, wellness center, creative workspace hub, or short-term/vacation rental complex (with appropriate approvals), the property's zoning and configuration provide rare flexibility in a sought-after area.
Located minutes from downtown Punta Gorda and Fishermen's Village, the property enjoys close proximity to boating, marinas, restaurants, and shopping. Estimated drive times include approximately 55 minutes to Sarasota, 1 hour to Naples, and 1.5 hours to Tampa and Tampa International Airport, enhancing regional connectivity for both leisure and business purposes.
This property and is being offered strictly as-is. Restoration and due diligence will be required by any prospective buyer. However, for those with the resources and foresight to reimagine what once was, this property holds undeniable promise and potential. Reimagine the charm. Reinvest in revival. Reap the rewards.
All buyers and agents are strongly encouraged to verify all facts and property details pertinent to their purchase decision.
Location
State FL
County Charlotte
Community Pineapple Centre
Area 33950 - Punta Gorda
Zoning OMI
Interior
Cooling Central Air,Ductless,Wall/Window Unit(s)
Flooring Other,Tile
Exterior
Parking Features Parking Spaces - 6 to 12
Utilities Available Electricity Available
Roof Type Metal,Other,Shingle
Building
Story 1
Foundation Other,Pillar/Post/Pier,Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Block,Metal Siding,Other,Stucco,Wood Siding
New Construction false
Construction Status Fixer
Others
Ownership Corporation
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Special Listing Condition Real Estate Owned
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8415069