Waterford Estates - SOLD
Charlotte County – 701 Developed Lots
Overview
Located on the coastal side of I-75 approximately 1 mile east of downtown Punta Gorda in Charlotte County, Florida. The community is located 1-mile east of US 41 between Airport Road on the south and Carmalita St. on the North.
Waterford Estates is comprised of 701 attached villa and single family units of which 211 are 60’ single family lots and 490 are duplex and four-plex lots. All of the site improvements are complete but require acceptance by Charlotte County and the City of Punta Gorda. Entry feature, landscaping and the project amenity have not been constructed, though a portion of these improvements could be funded from remaining bond proceeds
The property is subject to the Waterford Estates Community Development District, which assesses for Operation and Maintenance and A and B Bond Assessments. Bondholders acquired the property through a deed in-lieu and plans on restructuring debt to reflect current market conditions.
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Contact Us
For more information about this property contact Chip Jones at Lerner
Real Estate Advisors
Ph: (813) 898-0288
Email: cjones@lerneradvisors.com
