Under contract-accepting backup offers. PRICE IMPROVEMENT! Check out all the possibilities for this property! This 1.7-acre parcel offers significant potential for development, with the possibility of subdividing into four lots. One lot is zoned for commercial/residential use, strategically positioned facing Marion Avenue, other 3 lots can be multi-family residences. While the property has experienced major flood damage and is deemed irreparable, it presents numerous opportunities for investment in a prime location near the heart of Punta Gorda. Located in a thriving community, this property offers the perfect opportunity to bring your vision to life. Whether you’re dreaming of a custom-built home, a rental property, or a multi-use development, this lot’s size and location make it a standout choice. Prospective buyers are encouraged to consult Charlotte County zoning regulations to explore the myriad possibilities for commercial ventures. The site is in proximity to notable attractions such as Fisherman’s Village and offers convenient access to highways 75 and 41, as well as the new Sunseeker Resort at Charlotte Harbor. This expansive piece of land represents a unique opportunity to create a customized vision in a desirable area. Don’t let this opportunity pass you by—rarely does a lot with so much potential become available in such a great area. Contact us today and take the first step toward turning your dream into reality!