Exclusive Waterfront Development Opportunity in Punta Gorda Isles. Rare canal-front parcel offering approximately 0.57 acres (24, 688 SF) and zoned GM-15, which permits up to 15 residential units per acre under current zoning regulations, allowing for approximately 8 residential units on this site. The property offers open canal and water views and is surrounded by established upscale residences and condominium developments. Suitable for a boutique condominium project, luxury waterfront residences, or small multifamily development, consistent with current GM-15 zoning standards. Preliminary architectural elevations for an 8-unit residential concept are available for reference purposes only and are not approved plans. GM-15 zoning supports medium- to high-density residential development, providing flexibility in unit design and configuration, subject to the standard development and permitting process. Located minutes from Fishermen’s Village, Downtown Punta Gorda, dining, shopping, parks, and waterfront promenades, this property combines location, zoning, and scarcity—key drivers of long-term value. Vacant canal-front multifamily land in Punta Gorda Isles is extremely limited, making this a compelling opportunity for developers, investors, or 1031 exchange buyers.
