Carol Ziesig Real Estate
115 Tamiami Trail
PUNTA GORDA, FL 33950

Description

Located conveniently in between the heavily traveled roads, US 41 N & S with a combined 52,000 traffic count is the 5.42 acre development site known as The City Marketplace. Bordering streets include US 41, Marion Ave (8,100 AADT), Taylor St (5,700 AADT), and W Retta Esplanade. Water, sewer, gas, and electric are available. City Marketplace has over 530 of frontage on North bound US 41 and 415 on Marion Ave. Zoned City Center which features: Retail, Hotels, Amphitheaters, Restaurants, Indoor Amusement ranging from Movie Theater to Aquariums, Professional & Medical Offices, Apartments &/or Offices above retail. Key Development Standards include: 70 percent of street face frontage to be built-out, Minimum Height of 2 Stories, Maximum Height of 50 Feet above BFE. The City of Punta Gorda is in the final process of approving increased building heights. FREE CITY OWNED 400 Car Herold Court Parking Garage is in walking distance of less than 300. Directly adjacent is the brand new (2018) SpringHill Suites by Marriott (128 Rooms), Across US41 N is the Wyvern Hotel (63 rooms), and just 100ft from the edge of the property is the Four Points by Sheraton Punta Gorda Harborside (106 rooms). It is safe to say confidently this is the most sought after property in all of Punta Gorda. This property was once the site of the Punta Gorda Mall before Hurricane Charley in 2004. **See Attachments for brochure and City Center Zoning Uses and Standards.**

Details

MLS#C7407815
Sub-TypeResale
StatusActive
Days On Site34

Features

ZoningCC
Acreage5.42

Market Activity 33950

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Area Information

StateFL
CityPUNTA GORDA
Zip Code33950
Area33950 - Punta Gorda
Listing VS Median (in 33950)
Price:
$9,800,000
low | high
Med:
$250,000
100% of Average
On Site:
34
low | high
Med:
190.5
17.847769028871% of Average
Listing Updated: 12/10/2018
MLS Number: C7407815
Listing Provided By:
Charles Thomas  of  MAXIM COMMERCIAL REAL ESTATE

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