This Punta Gorda multifamily land opportunity offers a rare, shovel-ready residential development site in Punta Gorda, FL, positioned at the center of one of Southwest Florida’s fastest-growing markets. The property spans more than 55 acres and is fully zoned and entitled for a large-scale multifamily community, allowing a buyer to move directly into construction without entitlement risk.

All zoning approvals, development orders, and permits are in place to develop a 13-building, 598-unit multifamily project designed to meet strong and growing rental demand. Punta Gorda continues to experience sustained residential and commercial expansion, driven by job growth, infrastructure investment, and increased regional visibility. As a result, demand for new rental housing remains exceptionally strong across Charlotte County.

The site benefits from its location within a rapidly expanding metropolitan area, supported by major economic drivers including nearby higher education, airport-related growth, and large-scale hospitality and mixed-use development. These factors have positioned Punta Gorda as a highly desirable destination for both permanent residents and workforce renters seeking proximity to downtown amenities and employment centers.

The project has been thoughtfully engineered into two development phases, allowing flexibility in capital deployment. Phase one includes 230 units across five buildings, while phase two delivers an additional 368 units in eight buildings. The overall design consists of five-story structures built over parking, maximizing density while aligning with current submarket demand.

Unit layouts range from approximately 780 to 1,573 square feet, offering a diverse mix of floor plans suitable for a broad renter base. This unit mix supports long-term absorption and positions the project to capture sustained demand from professionals, families, and retirees relocating to Punta Gorda.

Location Highlights

• Centrally located within Punta Gorda, FL, near major transportation corridors
• Close proximity to downtown Punta Gorda and its historic waterfront district
• Near higher education, employment centers, and regional airport activity
• Convenient access to interstate connectivity supporting regional commuting

Investment Highlights

• Fully zoned and entitled for 598 multifamily residential units
• Shovel-ready development with permits and plans completed
• Located in Punta Gorda, one of the fastest-growing MSAs in the United States
• Large-scale 13-building site plan featuring five-story residential buildings
• Unit sizes designed to align with demonstrated submarket demand