Property Listing No Longer Available for Sale

501 E Marion Ave & 220 Millus St

Punta Gorda, FL

Others for Sale - $599,000 - 1,297 Sq. Ft.


Property Info

CIMLS#1148276
Location
  501 E Marion Ave & 220 Millus St
  Punta Gorda FL 33950
UpdatedFebruary 7th, 2024
TypeOthers
Price$599,000
Building1,297 Sq. Ft.

Property Description

DO NOT MISS the fantastic OPPORTUNITY to own this great property with TREMENDOUS POTENTIAL! The corner lot and existing home are both zoned NC for mixed use options for development in the City of Punta Gorda, surrounded by both multifamily, and medical/business spaces currently, with a central location near all things DOWNTOWN Punta Gorda. The existing home was used as an AirBnB/Short-Term Rental, which was remodeled in 2019 as a 2 bedroom, 1 bathroom home with 1200 square feet of living space, as well as a screened lanai and private laundry/utility room, with a detached 1.5 car garage. Despite recent drywall/trim damage, it could easily be spruced back up into a fantastic existing office space. Combined with the adjacent lot, this 184 foot x 105 foot parcel on the corner of the main drive into downtown has other great possibilities for development in the MIXED USE arena. JV Options with owner exist. Schedule your showing today!


Financials


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