Invest in this oversized corner lot in an up & coming area just south of the historic City of Punta Gorda, & just off interstate I-75. No Deed Restriction permits parking your boat or RV on your property, while less than 8 miles from a quaint, trendy waterfront town. Plenty of boat ramps to enjoy recreational watersports on the second largest estuary in Florida. Not in a Special Hazard Flood Area with the ground elevation around 25 feet above sea level, allowing for less expensive slab-on-grade construction. Not in a protected Scrub Jay area so no mitigation fees to clear or build. Zoned multi-family gives you the option of a single family home (like the one under construction on the adjacent lot) or a duplex to give the ability of rental income or multi-generational living. Beyond the 140’ extended depth this lot borders on a 150’ wide railway easement for additional buffer from neighbors. The Punta Gorda Airport is just 7 miles away with almost 50 non-stop destinations! Discover why SW Florida is such a desired destination!