Under contract-accepting backup offers. RARE WATERFRONT MULTI-FAMILY OR RESIDENTIAL HOME OPPORTUNITY TO OWN DOUBLE LOT – FULLY CLEARED, FILLED, AND BUILD-READY! (CHECK ON THE ADJACENT LOT). Experience the pinnacle of investment potential at 561 Pembroke Drive, a stunning waterfront canal lot nestled in a rapidly growing and peaceful neighborhood of Port Charlotte. This premium 10,000 sq ft parcel stands out from the competition as it has been professionally cleared and filled to a high elevation, saving the future owner thousands in site preparation costs and months of development time. Boasting a coveted Vacant Multi-Family (0001) zoning, this property offers incredible versatility—whether you choose to build a high-income producing duplex or a spacious custom waterfront villa. The lot is ideally situated in Flood Zone X, meaning you can enjoy "high and dry" peace of mind without the typical requirement for flood insurance. With 80 feet of canal frontage, you can design an incredible backyard oasis to enjoy the Florida lifestyle. This shovel-ready lot is located in a non-HOA community with no scrub jay permits required ( county maps), offering total freedom for your build. Enjoy convenient and quick access to US-41, I-75, pristine golf courses, world-class fishing, and the vibrant shopping and dining districts of both Port Charlotte and North Port. Utilities are nearby and ready for connection, making this the cleanest and most prepared waterfront lot on the market today. Don’t miss your chance to secure a high-value, ready-to-build property in the heart of Southwest Florida!