Positioned along bustling Marion Avenue (US Hwy 17) in the heart of downtown Punta Gorda, this property is zoned for versatile mixed-use, offering endless possibilities for commercial and residential development, with a existing water meter. With a 2023 AADT of 7,900, it guarantees excellent visibility and foot traffic in a charming, highly desirable area. A complimentary 400 car parking garage is located one block over. Envision your business, residence, or a blend of both in this vibrant, walkable location, surrounded by boutique shops, local restaurants, business locations, and the energy of historic Punta Gorda. Downtown is host to art festivals and weekly farmer markets. Parcel has a water meter installed!
145 W Marion AVENUE, Punta Gorda, FL, 33950
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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