521 Drury Lane, PUNTA GORDA, FL 33950
- MLS#: TB8415069 ( Commercial Sale )
- Street Address: 521 Drury Lane
- Viewed: 2
- Price: $350,000
- Price sqft: $84
- Waterfront: No
- Year Built: 1956
- Bldg sqft: 4164
- Days On Market: 1
- Additional Information
- Geolocation: 26.9422 / -82.0278
- County: CHARLOTTE
- City: PUNTA GORDA
- Zipcode: 33950
- Subdivision: Pineapple Centre
- Provided by: RESULTS REAL ESTATE INC
- Contact: Stephanie See
- 727-596-8181
- DMCA Notice
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DescriptionUnlock the potential of this unique and expansive property located in the heart of Punta Gordaan area known for its waterfront charm, active boating lifestyle, and convenient access to Sarasota, Tampa, and Naples. With OMI zoning in Charlotte County, this one of a kind site offers immense redevelopment or repositioning opportunity for investors, developers, or entrepreneurs with vision. Situated on over half an acre (.57 acres), this property features four separate structures housing a total of seven individual units, making it ideal for future hospitality, multifamily, executive rental, or professional office uses (subject to code compliance and permitting). While currently in need of significant restoration following hurricane damage, the existing footprint offers a dynamic canvas to bring this former short term rental property back to life. At the heart of the property is a large, screen enclosed pool with spa, surrounded by mature tropical landscaping, including soaring bamboo, palms, and a tranquil koi pondall of which contribute to a lush, private setting. A separate full pool bath structure adds functional appeal for future guest or tenant use, while a centrally located storage hut offers practical space for maintenance equipment or supply storage. The layout of the buildings creates a sense of community while allowing for privacy between unitsideal for a resort style redevelopment or compound style lodging concept. Whether reimagined as a boutique retreat, wellness center, creative workspace hub, or short term/vacation rental complex (with appropriate approvals), the propertys zoning and configuration provide rare flexibility in a sought after area. Located minutes from downtown Punta Gorda and Fishermens Village, the property enjoys close proximity to boating, marinas, restaurants, and shopping. Estimated drive times include approximately 55 minutes to Sarasota, 1 hour to Naples, and 1.5 hours to Tampa and Tampa International Airport, enhancing regional connectivity for both leisure and business purposes. This property and is being offered strictly as is. Restoration and due diligence will be required by any prospective buyer. However, for those with the resources and foresight to reimagine what once was, this property holds undeniable promise and potential. Reimagine the charm. Reinvest in revival. Reap the rewards. All buyers and agents are strongly encouraged to verify all facts and property details pertinent to their purchase decision.
Property Location and Similar Properties
Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 2452.00
- Other Structures: Outbuilding, Storage
- Roof: Metal, Other, Shingle
Property Information
- Property Condition: Fixer
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Parking Spaces - 6 to 12
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air, Ductless, Wall/Window Unit(s)
- Road Frontage Type: City Street
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Country: US
- Legal Description: PPC 000 0001 000K PINEAPPLE CENTRE BLK 1 SUB OF LT 7 ALL OF LT K & LT L THAT PT OF LT J DESC AS BEG NE COR LT J S 10 FT SW 110.18 FT N 41.2 FT E 105.75 FT TO POB 728/1319 728/1325 759/20961037/1069 1737/2073 CT1885/300 2219/1850 CT3975/1583 4010/1913 CT3441331
- Area Major: 33950 - Punta Gorda
- Occupant Type: Vacant
- Parcel Number: 412305256006
- Possession: Close Of Escrow
- Zoning Code: OMI
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