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This prime residential lot offers a rare opportunity to secure a piece of Florida’s future in the rapidly expanding Punta Gorda corridor. Spanning nearly a quarter-acre with a generous 80 feet of frontage and a depth of 125 feet, this 9, 978-square-foot parcel provides a blank canvas for long-term investment or future development. The land is notably high and dry, situated outside of any scrub jay review areas and containing no wetlands, which streamlines the planning process. Furthermore, its location within the preferred X500 flood zone offers peace of mind and reflects the favorable topography of this specific site.
Positioned for ultimate convenience, the property boasts an exceptional location that balances quiet seclusion with rapid regional access. Commuters and travelers will appreciate the immediate proximity to I-75, allowing for effortless transit north toward Sarasota or south toward Fort Myers. Additionally, the parcel is situated just minutes from the Punta Gorda Airport and the vibrant, historic charm of downtown Punta Gorda, known for fishermans village, waterfront parks, and shopping. While the area currently remains unimproved without public utilities or paved roads, its strategic placement near established infrastructure makes it an ideal "buy and hold" asset in one of Southwest Florida’s most promising growth paths.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,750
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $7,000 | $7,000 | $7,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $43 | $45 | $59 |
| Total Monthly Payment | $118 | $120 | $134 |
* 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.