RARE MULTIFAMILY-ZONED LOT in Deed Restricted Burnt Store Isles! Zoning allows up to 8 apartments on this single lot. Can be bought with or without adjacent property (3906 San Rocco Drive) with identical area and zoning, for building up to 16 living units. (SPECIAL PRICING AVAILABLE: BUY BOTH LOTS TOGETHER FOR $500K!)This highly desirable location is just steps away from a prime shopping center with a Publix supermarket, Home Depot, restaurants and more. Area residents are eligible for membership in the Twin Isles Country Club, another short walk away, with 18 holes of golf, tennis courts, a swimming pool, a fine restaurant and many community activities. Burnt Store Isles has very little vacant land remaining, and almost none with multifamily zoning. Please note there are NO mandatory HOA fees, membership in the Burnt Store Isles Association is optional at $45/year (it is a Neighborhood Association, not an HOA per Florida Statute 720). Deed restrictions are listed on the website at BSIA.net, enforced by the applicable City of Punta Gorda zoning district. Listed dimensions are approximate, NEW SURVEY SUPPLIED!