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Ready-to-Build Duplex Land Lot
For Sale
$99,500

2938 MAGDALINA, Punta Gorda, FL 33950

Vacant land parcel with an existing slab and city council rezoning completed for duplex development.

Property Size2,748 SF
Price / SF$36.21
Days on Market129

Property Features for 2938 MAGDALINA

General Information

Standard status Active
Size 2,748 SF
Property subtype Land

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $691
Listing Agency: WILLIAM MORGAN REAL ESTATE LLC
Listed By: Bill Morgan · License #3387161
Source: Elliman
Added: Apr 28 Changed: Aug 31 Last Checked: Sep 2 at 9:10PM

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 WILLIAM MORGAN REAL ESTATE LLC

Investment Insights

Based on property information with market context.

This for-sale vacant land parcel is set up as a ready-to-build duplex site, with a slab already in place. City council approved rezoning has been completed, providing a clear path forward for development. Plans are available to accompany the sale for buyers who want to complete the project as designed, with a proposed layout for two spacious 3BR/2BA units.

The property is located at 2938 Magdalina Dr in Punta Gorda, conveniently positioned near downtown Punta Gorda, I-75, shopping, dining, and boating and waterfront amenities. Bike and walk scores indicate the area is somewhat bikeable and primarily car-dependent.

The sale is offered as-is, and the buyer is responsible for verifying all information and completing due diligence.

Key Highlights

  • Vacant duplex development lot in Punta Gorda with an existing slab already in place
  • City council approved rezoning is completed, creating a clear path forward for duplex development
  • Planned duplex layout: two 3BR/2BA units, approximately 1,374 SF per side

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

128
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant land parcel with an existing slab and city council rezoning completed for duplex development.
Where is this residential land & home lot located?
The property is located at 2938 MAGDALINA Punta Gorda, FL.
What is the asking price?
The asking price for this property is $99,500.
What are key features of this property?
This property features: Vacant duplex development lot in Punta Gorda with an existing slab already in place; City council approved rezoning is completed, creating a clear path forward for duplex development; Planned duplex layout: two 3BR/2BA units, approximately 1,374 SF per side
More about this property
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