623 FITZHUGH AVENUE, PUNTA GORDA, FL, 33950
Active215 days on marketListed Jan 7, 2026MLS #C7519559
About this home
623 FITZHUGH AVENUE
ATTENTION DEVELOPERS & INVESTORS: Rare opportunity to acquire a prime multi-family building lot zoned for up to 3 to 4 units in a high-demand market. With the adjacent 3-bedroom, 2-bathroom home on a modest 3,700 sqft lot currently listed for $319,900, the massive value-added potential and strong ROI of this oversized parcel make it a perfect, investment opportunity. Situated in a highly desirable area of Punta Gorda, 623 Fitzhugh Avenue offers a rare opportunity to develop in one of the city’s most walkable and steadily growing neighborhoods. This cleared, build-ready property is zoned Neighborhood Residential NR-15, allowing for multi-family development and supporting a variety of residential configurations consistent with the surrounding historic area. The property measures approximately 11,194 square feet, or 0.257 acres, which under current zoning may allow for up to 4 residential units depending on final design, footprint, and city approval. The land elevation is approximately 14 feet according to county maps, adding to its overall desirability. The parcel benefits from access on two streets, providing flexible ingress and egress options for future development, and is located adjacent to the Medical Overlay District. Its prime location places it within short distance of downtown Punta Gorda, the hospital, parks, dining, and waterfront attractions, making it an ideal setting for residential units that cater to today’s demand for convenience and lifestyle-oriented living. The NR-15 zoning encourages pedestrian-friendly development and allows for structures up to three stories, offering design flexibility while maintaining neighborhood character. As Punta Gorda continues to experience strong residential demand and redevelopment activity, this property stands out as an excellent investment or development opportunity in a proven and evolving market. Buyers are encouraged to verify all zoning, density, and development details with the City of Punta Gorda and through an updated survey.
Facts & features
The home at a glance
0.26 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$778 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$778/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Trabue Woods
Get to know Punta Gorda. See the full Punta Gorda guide →
Trabue Woods — neighborhood snapshot
Population
931
Median age
47
Median income
$40,961
Median home value
$206,631
Avg household
2
Households w/ children
124
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Punta Gorda market
$345K → $330K
Punta Gorda median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
Median sold price, Punta Gorda, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 68% below the PUNTA GORDA 33950 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 623 FITZHUGH AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$20,000
1315 HICKORY AVENUE
2 bd · 1 ba · 672 sqft · $30/sqft · 0 DOM
Sold · Dec ’25$95,000
1516 WOODLAWN AVENUE
2 bd · 2 ba · 798 sqft · $119/sqft · 8 DOM
Sold · Apr ’26$50,000
1429 HEMLOCK AVENUE
2 bd · 1 ba · 802 sqft · $62/sqft · 4 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 623 FITZHUGH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 623 FITZHUGH AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
623 FITZHUGH AVENUE FAQs
What would the monthly payment be for 623 FITZHUGH AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $778/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 623 FITZHUGH AVENUE?+
The most recent tax bill on record (2025) was $965. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 623 FITZHUGH AVENUE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Punta Gorda?+
At $85,000, this home is listed about 75% below the Punta Gorda median of $339,900. The market section on this page shows how the area is trending.
Which schools are assigned to 623 FITZHUGH AVENUE?+
Sallie Jones Elementary School (elementary), Charlotte High School (high), Punta Gorda Middle School (middle) — Charlotte County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the PUNTA GORDA 33950 market on paper
$85,000 is 68% below the PUNTA GORDA 33950 median of $265,000.
02Time on market is leverage
215 days on market against a Punta Gorda median of 62 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Sallie Jones Elementary School, Charlotte High School, Punta Gorda Middle School — Sallie Jones Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of FIVE STAR REALTY OF CHARLOTTE · Bob Helphenstine. MLS #C7519559.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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