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623 Fitzhugh Avenue

PUNTA GORDA, FL 33950
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SqFt11,194

Sqft(Lot)

Acres0.26

Acre(Lot)

ATTENTION DEVELOPERS & INVESTORS: Rare opportunity to acquire a prime multi-family building lot zoned for up to 3 to 4 units in a high-demand market. With the adjacent 3-bedroom, 2-bathroom home on a modest 3,700 sqft lot currently listed for $319,900, the massive value-added potential and strong ROI of this oversized parcel make it a perfect, investment opportunity. Situated in a highly desirable area of Punta Gorda, 623 Fitzhugh Avenue offers a rare opportunity to develop in one of the city’s most walkable and steadily growing neighborhoods. This cleared, build-ready property is zoned Neighborhood Residential NR-15, allowing for multi-family development and supporting a variety of residential configurations consistent with the surrounding historic area. The property measures approximatel y 11,194 square feet, or 0.257 acres, which under current zoning may allow for up to 4 residential units depending on final design, footprint, and city approval. The land elevation is approximately 14 feet according to county maps, adding to its overall desirability. The parcel benefits from access on two streets, providing flexible ingress and egress options for future development, and is located adjacent to the Medical Overlay District. Its prime location places it within short distance of downtown Punta Gorda, the hospital, parks, dining, and waterfront attractions, making it an ideal setting for residential units that cater to today’s demand for convenience and lifestyle-oriented living. The NR-15 zoning encourages pedestrian-friendly development and allows for structures up to three stories, offering design flexibility while maintaining neighborhood character. As Punta Gorda continues to experience strong residential demand and redevelopment activity, this property stands out as an excellent investment or development opportunity in a proven and evolving market. Buyers are encouraged to verify all zoning, density, and development details with the City of Punta Gorda and through an updated survey.

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Detail Ic Property Details

Property Type : Land

Price : $85,000

AD Id : 72646217

MLS Id : MFRC7519559

Lot Size : 0.26 Acre(Lot)

Living Area Size : 11,194

County : Charlotte

Subdivision: Woods 2nd Add

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 60x185 Lot Description: Buildable, City Limits, Paved Lot Square Feet: 11194 Lot Acres: 0.26 Lot Size (SqMt): 1040

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$82000

  • Tax Information

    Tax Block: N Tax Book Number: 2-97 Tax Lot: 4 Tax Legal Description: WAD 002 000N 0004 WOODS 2ND ADDITION TO TRABUE BLK N NE1/2 LTS 4 & 17 & ALL LTS 5 16 177/262 DC1118/1629-BB DC1118/1630-MB FJ1654/1909 L/E1734/458 DC1753/897 L/E1799/714 2782/4 3222/1961 CT3999/1897 4408/1862 L/E4417/1753 Annual Tax: $965 Tax Year: 2025 Parcel Number: 412306437004

  • School Information

    Elementary School: East Elementary Junior High School: Punta Gorda Middle Senior High School: Charlotte High
  • Utility Information

    Public Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: WOODS 2ND ADD City: PUNTA GORDA Direction: Head north toward Carmalita St, Turn right onto Carmalita St, Turn left onto Cooper St, Turn left onto Mary St, Turn right onto Fitzhugh Ave. Destination will be on the right
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3339 Purple Martin Drive, Punta Gorda, FL, 33950 $1,195,000 -- -- -- 58,806 Sqft(Lot)
1226 Taylor, Punta Gorda, FL, 33950 $849,000 -- -- -- 88,176 Sqft(Lot)
1359 Aqui Esta, Punta Gorda, FL, 33950 $1,975,000 -- -- -- 106,286 Sqft(Lot)
4114 Palm, Punta Gorda, FL, 33950 $150,000 -- -- -- 11,000 Sqft(Lot)
26373 Deer, Punta Gorda, FL, 33950 $14,500 -- -- -- 8,000 Sqft(Lot)
1013 Taylor Rd, Punta Gorda, FL, 33950 $385,000 -- -- -- 15,675 Sqft(Lot)
1813 Lavilla Road, Punta Gorda, FL, 33950 $165,000 -- -- -- 10,999 Sqft(Lot)
2049 Sorrento Drive, Punta Gorda, FL, 33950 $16,000 -- -- 14,110 0.32 Acre(Lot)
2312 Sorrento Court, Punta Gorda, FL, 33950 $22,500 -- -- 15,191 0.35 Acre(Lot)
161 Tarpon, Punta Gorda, FL, 33950 $65,000 -- -- 4,799 0.11 Acre(Lot)
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ByOwner last updated this listing 06/16/2026 @ 06:20

MLS: MFRMLS #C7519559 LISTED BY: Bob Helphenstine, FIVE STAR REALTY OF CHARLOTTE 941-637-6116 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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