11000 Grapefruit Lane Punta Gorda, FL 33955

RARE OPPORTUNITY to own a 5 acre income producing parcel in PUNTA GORDA. This FULLY FENCED parcel is located in a quiet neighborhood at the end of the road. The land is cleared for access and yet still offers native Florida mature trees such as Florida pines. This is a beautiful oasis close to downtown. This property has well, septic and electricity. There are two manufactured buildings 36x24 with full bathrooms and kitchenette that rent for $800/ month. There is also a tenant with trailer that pays $500/ month, a tenant with a trailer that pays $400/ month and a tenant with a trailer in the 28x20 pole barn/ carport that pays $500/ month. This is a total current rental income of $3000/ month. The zoning is RE1 and as per the seller can be subdivided into five 1 acre lots. There is also a 40x8 storage trailer. This parcel is minutes from historic downtown Punta Gorda shopping, dining, medical care, waterfront parks, fishing piers, boat ramps, walking and biking paths, art galleries, weekend farmers markets, Fishermen's Village, events and more!