Fantastic Waterfront Development Opportunity in Punta Gorda, FL consisting of 4 acres on land with another 3.2 of river bottom approved for 114 residential units along with 82 marina slips.
2. Sale Price: $4,500,000
4 Acre Riverfront Development in
addition to a 3.28 Acre submerged lease
Located at The Harbor Resort &
Yacht Club
Site approved for a 114-unit, five-
story building with a 6,000 sf
waterfront restaurant and retail spaces
and parking garage
Marina approval includes 82- wet
slip spaces
Conveniently located only 2.5 miles
from
Interstate 75 facing Charlotte Harbor
Site is situated between the north
and southbound lanes of US Highway
41(Tamiami Trail)
Zoned PP-CC (Planned Development
City Center District)
Adjacent to 43,500 sf Charlotte
Harbor and Event Center with over 30
scheduled events in Q1 2016
Dynamic downtown atmosphere with
over 90 ourdoor festivals annually
Harborwalk Pedestrian Path covers
2.4 miles along Charlotte Harbor
Adjacent to 106 room Four
Corners Sheraton Hotel
The riverfront, infill location makes
this site an outstanding development
opportunity.
The site is also conveniently located in close
proximity to Downtown Punta Gorda, the
Charlotte Harbor Event Conference Center,
Fisherman’s Village, local restaurants, retail,
and major roadways.
PROPERTYINFORMATION
4. Current Site Improvements
Tiki Bar (TT’s Tiki Bar), which is owned and managed by the Four Points by Sheraton Hotel,
and currently operates on land that is leased to the Hotel. Located directly on the water in the
western corner of the site the Tiki Bar pays $3,000 in monthly rent. The lease can be
terminated by either party with a 90 day written notice, and will be removed when requested
for the development of the site. The Tiki Bar currently averages $160,000 of rev-enue
monthly and has become one of the most popular bars in Punta Gorda.
Existing fixed dock that is temporarily being used as a pedestrian pier and is ready to
be converted to an ap-proved 29 slip fixed-dock on electric lifts. Future marina
expansion plans call for the remaining 53 wet slips that will be a floating dock system
added to the existing fixed dock. The submerged lands are leased from the State of
Florida.
A pedestrian waterfront promenade that runs along the waterside perimeter of the site
connecting the site by foot to the Laishley Park Municipal Park and marina to the east
and the Charlotte Harbor Event and Conference Center to the west. The waterfront
promenade runs 10 miles east to west along Charlotte Harbor and Peace
River making it one of the State of Florida’s longest public waterfront boardwalks. The site
is situated between the north and southbound lanes of US Highway 41(Tamiami Trail).
Sea wall recently raised to six feet.
11. Punta Gorda is a household name for hundreds of aviation enthusiasts who flock to the
Charlotte County Airport every year to watch breathtaking high-speed maneuvers, most
recently by the famous U.S. Navy Blue Angels, frequent guest stars in the county’s
International Air Show. The show, held annually in Charlotte County for 35 years, has made
Punta Gorda an indelible point in the map for aviation buffs. The two-day show reportedly
draws an attendance of more than 50,000 spectators.
After attracting a crowd of more than 2,000 music lovers, the annual Punta Gorda Wine &
Jazz Festival is growing into a three-day event. This festival has been growing since its
creation in 2005, when the chamber of commerce organized it to draw the community back
downtown after Hurricane Charley. Some 750 people attended the inaugural event, and the
crowds have kept growing ever since, leading organizers to expand the event’s scope into a
three-day festival. Capitalizing on the area’s receptiveness for music events, the chamber of
commercel held its first Latin festival event, featuring cross-cultural Latin guitarist and eight-
time Grammy Award winner Jose Feliciano. The event hosted an attendance of more than
5,000 people.
Punta Gorda is located 40 miles south of Southwest Florida International Airport, one of the
top 50 U.S. airports for passenger traffic growth, processing more than 7.5 million passengers
annually and which serves the entire Southwest Florida area. Closer to home at the Charlotte
County Airport in Punta Gorda, fast-growing Allegiant Air opened a new base offering flights to
over 30 cities thorughout the Midwest and East Coast. Whether flying into Southwest Florida
International, the Charlotte County Airport, or driving into town, nearly 300,000 visitors travel
to Charlotte County annually.
ABOUT PUNTA GORDA
12. Located halfway between the city of
Tampa, FL to the north and the city of
Naples, FL to the south, Punta Gorda anchors a
collection of nine charming coastal
communities that surround Charlotte Harbor, the
state’s second largest harbor.
Punta Gorda is the seat of Charlotte County,
the laid back neighbor in a Southwest Florida
coastal region of four counties - Sarasota,
Charlotte, Lee and Collier - that increasingly
function as one and which includes the more
urban buzz of the city of Fort Myers 30 miles
to the south of Punta Gorda, the rapid pace of
fast-growing Sarasota 50 miles to the north,
and everything in between.
Punta Gorda is easily reached by car, as the entire Southwest Florida region is traversed north-south by Inter-
state 75 and Tamiami Trail (U.S. Highway 41). The Southwest Florida International Airport, servicing more than
seven million passengers a year, is located 40 miles from the subject property, with service to major destinations
throughout the country. The smaller Charlotte County Airport in Punta Gorda provides commuter service to
secondary destinations as far north as Niagara Falls, NY and Lexington, KY.
A haven for outdoor enthusiasts, Charlotte Harbor has been named to SAIL magazine’s 10 Greatest Places to
Sail in the United States. The city of Punta Gorda has been named as one of the top Ten Places to Retire
Healthy by U.S. News & World Report.
Of course, this is Florida, so such accolades are to be expected as everyone knows that Florida means good
weather year-round, world-class golf courses, beautiful beaches, scenic rivers, outstanding hospitals and afford-
able, reputable schools. To be sure, Punta Gorda is part and parcel to the best of Florida. Not surprisingly, Char-
lotte County has steadily been attracting relocation from other parts of the state and the country, due to its more
affordable housing market. To that end, the table below gives a quick summary of the area’s demographics .
AREAHIGHLIGHTS
Fisherman’s Village (.9 miles west along pedestrian
Harborwalk) undergoing a $30M renovation.
- Over 30 shops and restaurants
- Over 100 slips up to 60 ft long
- Military museum
Over 17 miles of pedestrian/bicycle paths in Punta Gorda
Harborwalk Condominium (60 units) selling between
$325k - $475k (just 3 miles east along Harborwalk)
Laishley Park Municipal Marina (85 slips) at 95%
occupancy
14. Laishley Park
M a r i n a
Interactive Fountain
Veteran’s Memorial Garden
Restaurants. Shops, & Hotels
Spirit of Punta Gorda
Gilchrist Park
Trabue Park
Fishing Pier
Connection to Linear Park
AC Freeman House
Punta Gorda Harborwalk established in 2010, is
situated along scenic Charlotte Harbor. The Harborwalk
encompasses approximately three (3) miles of Punta
Gorda Pathways. This signature feature connects East
Punta Gorda at Bayfront Health to West Punta Gorda
at Fishermen’s Village with safe means of access under
both US 41 bridges.
Featured destination points along the Harborwalk
include: