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521 DRURY LANE

Commercial Recently Sold
$325,000

BTC: 10.83333333

ETH: 162.50000000

Sold on: 2025-11-19
9 days
0 room(s)
2,452 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Unlock the potential of this unique and expansive property located in the heart of Punta Gorda—an 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 pond—all 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 units—ideal 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 property’s zoning and configuration provide rare flexibility in a sought-after area. Located minutes from downtown Punta Gorda and Fishermen’s 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.

Location

Facts and features

Type:
Commercial Sale
Parking:
6 to 12 Spaces
Year Built:
1956
Lot:
0.57 Acres
Heating:
No Data
Price/sqft:
$133
Cooling:
Central Air / Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Other

    • Tile

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

  • Parking

    • 6 to 12 Spaces

    Lot

    • Lot: 0.57 Acres

    Other Property Information

    • Parcel Number: 412305256006

    • Zoning: OMI

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $13,007

  • Source details

    • MLS ID: TB8415069

    Other facts

    • Construction Materials: Block / Metal Siding / Other / Stucco / Wood Siding

    • Foundation Details: Other / Pillar/Post/Pier / Slab

    • Other Structures: Outbuilding / Storage

    • Living Area: 2452

    • Water Source: Public

    • Subdivision Name: PINEAPPLE CENTRE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RESULTS REAL ESTATE INC