Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Placida, FL Wooded Lot Title is generated by Realmo AI

    8 Pennant Place, Placida, FL 33946

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Placida, FL

    Lot size:
    0.17 Acres
    Added:
    Feb 10, 2026
    Days on Market:
    110
    Last Refresh:
    May 31 at 11:06 am

    Property Features for 8 Pennant Place

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    412130459013
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    RSD 001 0009 0131 ROTONDA SANDS UN1 BLK9 LT 131 847/1363 DC1087/398 1276/1755 2914/1295 2914/1296 CT3337/454 3354/1464 3368/498 4666/1425
    Tax Annual Amount
    441

    We can help!

    Listing Contact
    Chrisdyan Linares
    Chrisdyan Linares

    Listing agent Chrisdyan Linares License #258025872

    Listing office John R. Wood Properties 4017 Del Prado Blvd., Fort Myers, FL

    Listing date Feb 10, 2026

    MLS# 2026007438 Listing URL

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location near Boca Grande Causeway, beaches, and world‑class tarpon fishing
    • Access to public water and sewer in a deeded neighborhood with new homes
    • Centrally located between 99 holes of golf and Charlotte Harbor
    • Proximity to biking and walking trails, fishing lakes, and abundant wildlife
    • Convenient access to Sarasota, Ft Myers, and Punta Gorda airports (within 45 minutes)
    • Close to Englewood Beach, Manasota Key, Gasparilla Island, state parks, kayaking, boating, marinas, shopping, and dining

    Overview

    This partially wooded lot is situated in the deeded neighborhood of Rotonda Sands, an expanding community with new homes. The area provides access to biking and walking trails, fishing lakes, and a peaceful environment with abundant wildlife. Rotonda Sands is centrally located near 99 holes of golf and the waters of Charlotte Harbor. The property is located minutes from the Boca Grande Causeway and beaches, as well as world-class tarpon fishing in the Boca Grande Pass. Sarasota, Ft Myers and Punta Gorda airports are all within a 45-minute drive. The 0.17-acre lot benefits from public water and sewer services. The location offers convenient access to Englewood Beach, Manasota Key, Gasparilla Island, Boca Grande, state parks and trails, fishing, kayaking, boating, marinas, shopping, dining, and sunset views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Building Supply Auto Repair Shop Kitchen & Bath Showroom Storage Facility Electrical Service Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Placida
    County
    Charlotte
    State
    Florida
    Longitude
    -82.244647
    Latitude
    26.872491

    Nearby Similar for Sale

    • $525,000

      Lakefront Homesite in Gated Community

      4.79-acre lakefront homesite in Gasparilla Preserve Estates.
      11610 BRIDLE PATH LANE, PLACIDA, FL 33946
      View Details
    • $41,000

      Oversized Building Lot in Placida

      Building lot in deed restricted community with public utilities.
      80 COXSWAIN CIRCLE, PLACIDA, FL 33946
      View Details
    • $19,000

      Placida, FL Land Available

      Land in Placida, close to amenities and Englewood Beach.
      5 Hull Court, Placida, FL 33946
      View Details
    • $24,900

      Vacant Land in Growing Neighborhood

      Vacant parcel for custom home in desirable coastal location.
      6 BERTH COURT, PLACIDA, FL 33946
      View Details
    • $420,000

      Waterfront Land in Gated Community

      Prime canal-front lot with Gulf access and community amenities.
      13230 ANGLERS WAY, PLACIDA, FL 33946
      View Details
    • $84,000

      Waterfront Homesite in Gated Community

      0.61-acre waterfront homesite with private boat dock in Placida, FL.
      10121 CREEKSIDE DRIVE, PLACIDA, FL 33946
      View Details
    • $49,900

      Waterfront Lot in Placida, Florida

      Lakefront lot in Placida, perfect for a custom dream home.
      24 WINDWARD LANE, PLACIDA, FL 33946
      View Details
    • $385,000

      Waterfront Lot in Gated Community

      Nearly one-acre waterfront lot in Placida's gated community.
      12411 CORAL VISTA CIRCLE, PLACIDA, FL 33946
      View Details
    • $31,900

      Oversized Corner Lot in Placida

      Corner lot near boating ramp, utilities available, ready to build.
      15 WINDWARD LANE, PLACIDA, FL 33946
      View Details
    • $25,000

      Cleared Corner Lot in Placida

      Oversized corner lot ready for custom home in Rotonda Meadows.
      1 Poppy Lane, Placida, FL 33946
      View Details
    • $55,000

      Lakefront Lot in Placida, Florida

      Lakefront lot in Rotonda Sands, near beaches and golf.
      32 WINDWARD LANE, PLACIDA, FL 33946
      View Details
    • $30,000

      Vacant Lot in Rotonda Sands

      Build your dream home in a growing community.
      53 LATEEN SAIL DRIVE, PLACIDA, FL 33946
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Partially wooded lot in a growing community near beaches.
    Where is this residential land & home lot located?
    The property is located at 8 Pennant Place Placida, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Prime location near Boca Grande Causeway, beaches, and world‑class tarpon fishing; Access to public water and sewer in a deeded neighborhood with new homes; Centrally located between 99 holes of golf and Charlotte Harbor
    (239) 471-8436
    We can help!
    Listing Contact
    Chrisdyan Linares
    Chrisdyan Linares
    Real Estate License ID: 258025872
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8 Pennant Place, Placida, FL 33946
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!