Luther Rd Multifamily

2150 Luther Rd Punta Gorda, FL 33983

2150 Luther Rd, Punta Gorda, FL, 33983
2150 Luther Rd, Punta Gorda, FL, 33983 2150 Luther Rd, Punta Gorda, FL, 33983 2150 Luther Rd, Punta Gorda, FL, 33983 2150 Luther Rd, Punta Gorda, FL, 33983
FOR SALE
Property Type:
Multifamily Land
Amount:
$349,990
Last Verified:
Jul 18, 2023

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Highlights

  • Prime Residential Land: Seize the opportunity to own 2.4 acres of well-positioned residential land, providing ample space to craft a remarkable community that complements the surrounding natural beauty.
  • Ideal Location: Located in Punta Gorda, this property enjoys the benefits of being in close proximity to the vibrant cities of North Port and Sarasota County, ensuring easy access to a plethora of amenities, including shopping centers, restaurants, schools, and medical facilities.
  • RMF10 Zoning: With RMF10 zoning designation, this property allows for the development of multi-family residences, offering flexibility for builders and developers to create a diverse range of housing options to meet the demands of the growing market.
  • Investment Potential: Capitalize on the strong real estate market in North Port and Sarasota County, characterized by robust economic growth, a favorable business climate, and a high quality of life, making this property an attractive investment with potential for long-term returns.
  • Recreational Delights: Embrace the abundance of recreational opportunities that surround the area, including parks, golf courses, nature reserves, and waterfront activities, allowing future residents to enjoy an active and fulfilling lifestyle in a beautiful coastal setting.

Description

Introducing a remarkable investment opportunity in Punta Gorda, FL - a 2.4-acre residential land parcel located at 2150 Luther Rd. With a listing price of $349,000, this enticing property presents an excellent canvas for astute buyers seeking to create a distinctive residential community in a highly sought-after area. Zoned as RMF10, this land offers tremendous potential for developers to design and build a stunning residential project that meets the demand of the discerning homebuyers in North Port and Sarasota County.

Welcome to 2150 Luther Rd, Punta Gorda, FL 33983, USA. This impressive 2.4-acre residential land parcel is situated in a prime location, offering an incredible opportunity for investors and developers looking to capitalize on the thriving real estate market of North Port and Sarasota County. Nestled amidst the natural beauty of the region, this property boasts a tranquil setting while providing convenient access to urban amenities and recreational attractions.

Lot Size: 2.4 acres

Map of 2150 Luther Rd, Punta Gorda, FL, 33983

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.