x
Address
115 TAMIAMI TRAIL Punta Gorda, FL
Price
$ 8,500,000
Property Attributes
  • MLS#C7407815
  • TypeLand
  • CountyCHARLOTTE
  • CityPunta Gorda
  • AreaPunta Gorda
  • NeighborhoodPunta Gorda
  • Zip33950
  • StyleCommercial
  • Taxes37535
  • Price$ 8,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5.42 Acres
Listing Provided Courtesy Of:
MAXIM COMMERCIAL REAL ESTATE,
Property Description

Located conveniently in between the heavily traveled roads, US 41 N & S with a combined 52,000 traffic count is the 5.42 acre development site known as The City Marketplace. Bordering streets include US 41, Marion Ave (8,100 AADT), Taylor St (5,700 AADT), and W Retta Esplanade. Water, sewer, gas, and electric are available. City Marketplace has over 530’ of frontage on North bound US 41 and 415’ on Marion Ave. Zoned City Center which features: Retail, Hotels, Amphitheaters, Restaurants, Indoor Amusement ranging from Movie Theater to Aquariums, Professional & Medical Offices, Apartments &/or Offices above retail. Key Development Standards include: • 70 percent of street face frontage to be built-out, • Minimum Height of 2 Stories, • Maximum Height of 50 Feet above BFE. The City of Punta Gorda is in the final process of approving increased building heights. FREE CITY OWNED 400 Car Herold Court Parking Garage is in walking distance of less than 300’. Directly adjacent is the brand new (2018) SpringHill Suites by Marriott (128 Rooms), Across US41 N is the Wyvern Hotel (63 rooms), and just 100ft from the edge of the property is the Four Points by Sheraton Punta Gorda Harborside (106 rooms). It is safe to say confidently this is the most sought after property in all of Punta Gorda. This property was once the site of the Punta Gorda Mall before Hurricane Charley in 2004. **See Attachments for brochure and City Center Zoning Uses and Standards.**

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/7/2018 Listed $9,800,000
1/24/2019 10% - $8,900,000
4/8/2019 2% - $8,800,000
4/30/2019 4% - $8,500,000

General Features

MLS Area 33950 - Punta Gorda
Property SubType Commercial
Property Type Land
Subdiv Community Name Punta Gorda
Subdivision Name PUNTA GORDA
Terms Cash, Conventional
Township 41
Zoning CC

Interior Features

Utilities Cable Available, Electricity Available, Sewer Available, Water Available

Exterior Features

Front Footage 712
Lot Dimensions 530x712-225x263
Lot Features Buildable, Cleared, Corner Lot, Curb and Gutters, Historic District, In City Limits, Level/Flat, Oversized Lot, Sidewalk, Street Lights, Street One Way
Lot Size Acres 5.42
Lot Size Square Feet 236095
Number of Lots 3
Road Frontage Type City Street, Divided Highway, Highway
Sewer Public Sewer

Amenities

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

Property vs Zip Code Average in 33950

Price
AVG $330K
$8.5M
Taxes
AVG $3,165
$37,535
Visits
AVG 93
364

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.