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514 Solona Loop - 514 Solona Loop 0.78 Acres of Commercial Land Offered at $399,000 in Punta Gorda, FL 33950
INVESTMENT HIGHLIGHTS
- Prime OMI-zoned property in a high-demand area
- Shovel-ready site with immediate development potential, city water connected
- 25% ROI at stabilization
- Proximity to central hospital and downtown
EXECUTIVE SUMMARY
Prime Punta Gorda Location with Approved Multi-Family Development Plans. This exceptional 0.778-acre vacant lot presents a rare opportunity for developers seeking a multi-family residential project. Capitalize on the convenience of already approved plans for a 19-bedroom building, allowing to fast-track investment goals. Owner financing available.
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514 Solana Loop is shovel-ready and offers easy access to city infrastructure. While currently approved for multi-family use, zoning OMI (Commercial, Office, Manufacturing, and Institutional) provides flexibility to explore compatible alternative development options.
Situated in close proximity to the central hospital and downtown, this property benefits from Charlotte County’s continued population growth, with county planning forecasts showing demand for more than 20,000 additional housing units by 2030.
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514 Solana Loop is shovel-ready and offers easy access to city infrastructure. While currently approved for multi-family use, zoning OMI (Commercial, Office, Manufacturing, and Institutional) provides flexibility to explore compatible alternative development options.
Situated in close proximity to the central hospital and downtown, this property benefits from Charlotte County’s continued population growth, with county planning forecasts showing demand for more than 20,000 additional housing units by 2030.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $399,000 | Lot Size | 0.78 AC |
| Price Per AC | $511,538.46 |
| Price | $399,000 |
| Price Per AC | $511,538.46 |
| Lot Size | 0.78 AC |
Prime Punta Gorda Location with Approved Multi-Family Development Plans. This exceptional 0.778-acre vacant lot presents a rare opportunity for developers seeking a multi-family residential project. Owner Financing Available. Approved Plans.
PROPERTY TAXES
| Parcel Number | 412305254001 | Total Assessment | $80,661 |
| Land Assessment | $80,661 | Annual Taxes | ($1) |
| Improvements Assessment | $0 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
412305254001
Land Assessment
$80,661
Improvements Assessment
$0
Total Assessment
$80,661
Annual Taxes
($1)
Tax Year
2024
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514 Solona Loop - 514 Solona Loop
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