CITY MARKETPLACE in Downtown Punta Gorda

115 Tamiami Trail, Punta Gorda, FL 33950

  • For Sale $12,000,000
  • Property Type VacantLand
  • Lot Size 5.42 Acre
  • Date Updated Jan 23, 2025
The most sought after commercial property in Punta Gorda. Conveniently located in the heart of the Downtown Historic District between the main thoroughfares US-41 N & S is the 5.42 acre City Marketplace. This location provides excellent exposure from frontage on 5 Roads and signalized intersections (2): US-41/Tamiami Trail, Marion Ave, Taylor Street, Harborside Ave, and Retta Esplanade. Water, gas, sewer, and electricity are available to the site. The surrounding businesses include popular & contemporary restaurants, retail shops, spas, hotels, parks, marina, event center, and much more. Bordering the property is an ample amount of free street parking along with a city-owned free 400 car parking garage within 300' walking distance, Herold Court Parking Garage.City Marketplace isn’t just another development opportunity—it’s the canvas for downtown Punta Gorda’s next chapter. This 5.42-acre site offers a bold vision for the future, blending 270 modern residential units, 17,268 square feet of curated retail experiences, a boutique 60-room hotel with standout amenities, and a four-level parking garage designed with convenience in mind. With Downtown Core zoning allowing for up to 6 stories (75’ max) and a density of 50 units per acre, the potential here isn’t just promising—it’s transformative. Positioned at the intersection of growth and opportunity, this property invites developers to leave their mark on a city ready to elevate its downtown experience. Imagine vibrant promenades bustling with life, unique retail spaces that draw crowds, and a boutique hotel that redefines hospitality in the area. City Marketplace offers more than potential; it offers a chance to pioneer a community-centric hub where people live, work, and thrive. Take the reins and create a development that doesn’t just meet the standard but sets a new one for urban innovation in Southwest Florida.
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Attachments

Highlights

  • Density: 270 Units
  • Retail SF: 17,268 SF
  • Hotel Rooms: 60 Rooms
  • Parking Spaces: Residential 549 | Commercial 71
  • Mixed-Use Vision: Seamlessly blends residential, retail, and hospitality for a dynamic, live-work-play environment.
  • Prime Location: Centrally positioned in the heart of Punta Gorda’s historic downtown, close to waterfront attractions and cultural hubs.
  • High Growth Potential: Downtown Core zoning supports increased density and building heights to maximize investment returns.
  • Pedestrian-Friendly Design: Promenades and walkable spaces foster community engagement and increase foot traffic.
  • Comprehensive Plans Included: Ready-to-execute development plans streamline the process for investors and developers.

Contacts

broker

SVN | Commercial Partners

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable
  • Bike Score ®

    78/100 Very Bikeable
Powered by Walk Score ®
  • City Punta Gorda, FL
  • Neighborhood Downtown Punta Gorda
  • Zip Code 33950
  • Market Southwest Florida Coast

Points of Interest

  • RaceTrac

    1.36 miles

  • Mobil

    3.61 miles

  • Wawa

    3.83 miles

  • Murphy

    3.84 miles

  • Shell

    3.94 miles

  • Marathon

    4.81 miles

  • Speedway

    5.31 miles

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Contact Listing Broker
broker

SVN | Commercial Partners

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