24430 24438 24431 NICOBAR LANE, Punta Gorda, FL, 33955 | $120,000

This doesn’t come along very often, the opportunity to own three side-by-side parcels sold together, in an X-500 flood zone, a combined . 69 acres in the desirable, deed-restricted community of Burnt Store Lakes. This rare opportunity boasts impressive dimension, including a deep 125-foot lot, 149 feet of frontage, and an expansive 359-foot rear border, providing the space and flexibility to design your ideal Florida retreat. An expansive community greenbelt behind the property adds valuable privacy and enhances the sense of openness, giving you a unique separation from neighboring homes. Located at the end of a quiet cul-de-sac, this setting offers peace, low traffic, and a true neighborhood feel. With public utilities already in place and the advantage of being in an X-flood zone, this property provides both convenience and cost-effective building potential. Burnt Store Lakes is one of Punta Gorda’s premier residential communities, known for its beautiful natural surroundings and friendly atmosphere. Residents enjoy scenic freshwater lakes throughout the community—perfect for kayaking, canoeing, and wildlife watching, walking and biking opportunities along peaceful streets, a large community park with pavilions, picnic areas, and a kayak/canoe launch directly into Charlotte Harbor. Adjacent to Burnt Store Marina, offering world-class boating, 27-hole golf, waterfront dining, and a variety of social activities just minutes away. Easy access to Punta Gorda, Cape Coral, and Fort Myers, along with shopping, restaurants, parks, medical facilities, and the Punta Gorda or Southwest Florida Regional Airports. Whether you envision building a spacious custom home, creating a multi-parcel estate, or securing a valuable land investment, this unique . 69 acre offering provides unmatched space, location, and lifestyle. Experience the tranquility, natural beauty, and exceptional convenience of living in Burnt Store Lakes—where your Florida dream begins.

Features

  • Amenities: Fence Restrictions, Park, Playground, Vehicle Restrictions
  • Lot Size: 149 x 125 x 335 x 125
  • HOA Fee: $1,554 Annually
  • Lot Desc: Buildable, Cleared, Cul-De-Sac, Greenbelt, In County, Level, Room For Pool
  • View: Park/Greenbelt
  • Elem. School: Sallie Jones Elementary
  • Middle School: Punta Gorda Middle
  • High School: Port Charlotte High
  • Pet Policy: Yes
  • MLS#: C7517607
  • Days on Market: 91 days
  • Website: https://www.raveis.com
    /prop/C7517607/244302443824431nicobarlane_puntagorda_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 3/7/2026 7:06:47 PM)

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NMLS Mortgage Loan Originator ID 90874

203.521.7207

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24430 24438 24431 NICOBAR LANE, Punta Gorda, FL, 33955

$120,000

John Cavaliere

Sales Associate

William Raveis Real Estate

Phone: 203.257.7895

John.Cavaliere@raveis.com

Christine Preston

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.521.7207

Christine.Preston@raveis.com

NMLS Mortgage Loan Originator ID 90874

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $96,000 $96,000 $96,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.258% 6.292% 5.628%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $553 $583 $778
Total Monthly Payment $628 $658 $853

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.