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Multi-Family Development Land
For Sale
$369,000

2633 Magdalina Drive, Punta Gorda, FL 33950

Vacant lot zoned GM-15, offering a starting point for multi-family residential development on 1.28 acres.

Property SizeContact for details
Lot Size1.28 Acres
Days on Market858

Property Features for 2633 Magdalina Drive

General Information

Standard status Active
Lot size 1.28 Acres
Property subtype Land
Zoning GM-15

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,923

Amenities

No
Square Feet
Listing Agency: KW PEACE RIVER PARTNERS
Listed By: Danny Nix · License #3307013
Source: Compass
Added: Jun 25, 2024 Changed: Oct 25 Last Checked: Oct 28 at 12:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW PEACE RIVER PARTNERS

Rey
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Investment Insights

Based on property information with market context.

A 1.28-acre vacant land parcel in Punta Gorda Isles, zoned GM-15 and well suited for multi-family residential development. The owners previously had a site plan prepared envisioning an 18-unit development concept, providing a foundation for further planning and design work.

The property is located just minutes from the newly established Sunseeker Resort and Downtown Punta Gorda. Punta Gorda offers a range of amenities referenced in the marketing materials, including parks, walking and biking trails, and golf courses, along with access to Charlotte Harbor for boating, fishing, and water sports. Easy access to US 41 and I-75 is also noted.

All information is provided from sources believed reliable but should be verified for accuracy, including details related to zoning and any development planning materials.

Key Highlights

  • 1.28‑acre vacant lot in Punta Gorda Isles
  • Zoned GM‑15 for multi‑family residential development
  • Owners previously had a site plan created for an 18‑unit development

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Dental Office Spa & Massage Center Law Firm Nail Salon Pharmacy Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby

Demographics for 33950, FL

24,984
Population
16,748
Households
1.5
Avg Household Size
66
Median Age
36%
College-Educated
95%
High-School Grad
17.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$74,484
Median Household Income
$46,032
Median Earnings
$1,192
Median Rent
$393,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot zoned GM-15, offering a starting point for multi-family residential development on 1.28 acres.
Where is this residential land & home lot located?
The property is located at 2633 Magdalina Drive Punta Gorda, FL.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 1.28‑acre vacant lot in Punta Gorda Isles; Zoned GM‑15 for multi‑family residential development; Owners previously had a site plan created for an 18‑unit development
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