This exceptional commercial property near the thriving City of Punta Gorda offers endless opportunities for development and investment. Zoned OMI (Office, Medical, Institutional), this versatile parcel is part of a larger package of four consecutive lots that can be purchased separately or collectively. Lot is partially cleared, features added fill dirt, has a central road base of asphalt millings and is well-designed with drainage ditches to enhance accessibility as well as functionality. According to the Seller, the land is grandfathered for multifamily use, making it ideal for rental unit development. Additionally, OMI zoning allows for medical, office and institutional projects. Surrounded by Commercial General-zoned properties, the parcel can potentially be rezoned to CG, enabling a broader range of uses such as storage facilities, RV parks, outdoor storage, warehouses, hotels, restaurants and more. Conveniently located across from the renowned Fat Point Brewery, this property is just 1.2 miles from I-75 and 1.5 miles from downtown Punta Gorda, where you will find fine dining, nightlife, scenic harbor views, walking trails and shopping. Punta Gorda Airport is less than 3 miles away, offering easy and affordable travel options. Don't miss this rare opportunity to invest in one of Punta Gorda's most promising commercial locations!