Bought with Compass Florida LLC
$2,250,000
$1,850,000
21.6%For more information regarding the value of a property, please contact us for a free consultation.
107 Baths
4.02 Acres Lot
SOLD DATE : 11/19/2021
Key Details
Sold Price $2,250,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RX-10760270
Sold Date 11/19/21
Construction Status Resale
Year Built 1950
Annual Tax Amount $4,807
Tax Year 2021
Lot Size 4.020 Acres
Property Description
Compass Commercial is pleased to present the opportunity to purchase the property located at 5274 Duncan Road in Punta Gorda, Florida. The property is situated on the southern corner of Sandy Shore Drive and Duncan Road and spansa total of 4.02 acres. The property retains a Future Land Use (FLU) designation of Commercial (COM) and Zoning District of Commercial General (CG).The property is fully approved for a 200-room Congregated Living Facility / Assisted Living Facility with an easy option to convert to 120 open-market apartment units.
Location
State FL
County Charlotte
Area 5940
Zoning CG
Interior
Heating Central Building
Cooling Central
Flooring Other
Fireplaces Type Smoke Alarm
Exterior
Utilities Available Cable, Electric, Gas Natural, Public Sewer, Public Water
Roof Type Comp Shingle
Building
Story 100.00
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, Exchange, Lease Purchase, Owner 2nd
Listing Terms Cash, Conventional, Exchange, Lease Purchase, Owner 2nd
Financing Cash,Conventional,Exchange,Lease Purchase,Owner 2nd
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