5. 4 acres of land zoned for multi-family use located in the heart of punta gorda isles, a deed restricted community. Contiguous vacant parcel was recently granted a special exception in which to develop an alf. This parcel provides quick, sailboat gulf access and room for 2-4 docks. It also provides lake views and close proximity to shopping center with restaurant. This is one of the biggest undeveloped parcels remaining in pgi. Zoning is currently for 15 units per acre. Seller has preliminary plans and design concept for a condo development named socorro village. All utilities available.
The vacancy rate of homes in 33950 is
25.68% with 60.48% of homes being owner-occupied. The median household income in 33950 is $56004 per year with those between 45 and 64 having the highest median income at $79896.