Located on Bermont Road in Punta Gorda, Florida, the Subject Property is ideally situated in an area that has accomplished consistent growth, which makes it perfect for agricultural purposes now and potential development in the near future. The surrounding area between Punta Gorda and Port Charlotte is experiencing significant growth and development which should benefit the Subject Property. Convenient access to major highways, such as County Road 74, State Road 31, Interstate 75, and other thoroughfare roads makes for easy travel throughout the Charlotte MSA. Punta Gorda has experienced a population growth greater than 42% since the year 2000 and is expected to experience even further explosive growth with current trends showing great than 1,000 people moving to Florida every day. Median household incomes are up over 33% while property values have increased nearly 102% since 2000. Punta Gorda is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property. The Subject Property is 40 Acres of vacant land located at the intersection of Bermont Road and State Road 31 in Charlotte County. This piece of property offers the opportunity for agricultural use, conservation and potential future development. Located in the midst of significant activity, the Subject Property offers the buyer many current and future opportunities. Additionally, the Subject Property is located close to County Road 74 & Interstate 75 allowing for easy access to the Subject Property. The Subject Property has a zoning designation of Agriculture, general (AG) with an underlying zoning and future land use (FLU) of Resource Conservation (RC). Due to its location and zoning, the Subject Property will be attractive to those looking for agricultural land.
