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1390 Rio De Janeiro Ave
Punta Gorda, FL 33983
Deep Creek Multi-Family RMF15 Lot · Land For Sale · 0.54 AC

Investment Highlights

  • Scenic Location: On Golf Course with Lake View
  • Revenue Potential: Lucritive Rental & Resale Investments

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Senior
Total Lot Size 0.54 AC
Zoning RMF15 - Multiple Family High Density Residential, allows up to 15 units per Acre.

Description

Welcome to 1390 Rio de Janeiro Avenue, Punta Gorda, FL – where the promise of lucrative investment meets the charm of multi-family living in the heart of Deep Creek! Nestled within the prestigious Deep Creek community, this prime multi-family lot, zoned RMF-15, presents a golden opportunity for astute investors and visionary developers alike. With the potential to build a 6-plex multi-family residence, this property offers not just a home, but a pathway to substantial rental income or resale value. What sets this property apart is its scarcity. As one of the last remaining multi-family lots currently available around the golf course, 1390 Rio de Janeiro Avenue offers a rare chance to secure a coveted piece of real estate in a highly sought-after location. With adjacent lots already under development, this is a prime opportunity to capitalize on the growing demand for multi-family housing in Deep Creek. Build a 6-plex residence strategically positioned to capitalize on the breathtaking views of the adjacent golf course. Each unit meticulously designed to maximize space, comfort, and rental appeal, ensuring a steady stream of income for years to come. Whether you're targeting long-term tenants or vacation rentals, this property is poised to deliver exceptional returns on investment. Location is paramount, and 1390 Rio de Janeiro Avenue boasts an enviable setting just minutes from I-75, offering unparalleled convenience for tenants and potential buyers alike. With easy access to Port Charlotte and a plethora of amenities, entertainment options, and employment centers, this property is poised to attract tenants seeking both convenience and quality living. Deep Creek isn't just a neighborhood – it's a lifestyle. From its scenic golf course vistas to its serene freshwater lakes and lush natural landscapes, this community offers an unparalleled setting for residents to enjoy. Imagine the appeal of living in a multi-family residence that not only provides a comfortable living space but also immerses tenants in the beauty of their surroundings. In today's competitive real estate market, 1390 Rio de Janeiro Avenue stands out as a beacon of opportunity. With its potential for high rental demand and strong resale value, this property offers investors the chance to capitalize on the growing demand for multi-family housing in desirable locations. Don't miss your chance to turn this prime lot into a lucrative investment opportunity!

Property Taxes

Property Taxes

Parcel Number
402309331002
Land Assessment
$63,750
Improvements Assessment
$0
Total Assessment
$63,750
  • Listing ID: 31662677

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 1390 Rio De Janeiro Ave, Punta Gorda, FL 33983

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