Build for income, live in one unit and rent the others, or expand your investment portfolio with this approximately 0.46-acre property in Deep Creek! Offering approximately 19,998 square feet, this spacious parcel is zoned RMF15-Residential Multifamily, with a zoning density of up to 15 dwelling units per acre, subject to county development standards and approvals. Explore the possibilities for a duplex, triplex, or other permitted multifamily project designed around your investment goals. Low HOA fees, electricity available, and public water and sewer availability add to the appeal, while a location outside the special flood hazard area offers another desirable advantage. Deep Creek is an established, deed-restricted community known for its greenbelts, neighborhood appeal, and convenient Punta Gorda location. Enjoy golfing at Deep Creek Golf Club or spending time at Deep Creek Park, featuring pickleball, tennis, basketball, a playground, and picnic tables. Shopping, restaurants, and everyday essentials are nearby, with convenient access to I-75, historic downtown Punta Gorda, Fishermen's Village, Charlotte Harbor boating and fishing, and regional Gulf Coast beaches. Whether you envision a rental property or a home that allows neighboring units to help offset your living expenses, this lot offers space and flexibility to put your plans into motion. Buyer to verify allowable unit count, site requirements, utility connections, and applicable association restrictions.