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Property profile

12691 Fl-31 Punta Gorda, FL 33982

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre property in Punta Gorda, Florida, presents a unique investment opportunity. Located on State Road 31 (334± ft frontage) and boasting non-conforming zoning (RVP), it allows for up to 8 RV/motorhome pads per acre, totaling a potential 80 pads. The property is fully fenced and measures approximately 334 feet of frontage on State Road 31 by 1,306 feet deep. Its strategic location offers easy access to Babcock Ranch, Fort Myers, Punta Gorda, North Fort Myers, Cape Coral, and Lehigh Acres. Situated across from the rapidly expanding Babcock Ranch, America's first solar-powered town, with plans for 19,500 residential units, this land benefits from significant growth potential. The property's rear boundary borders the Fred C. Babcock/Cecil M. Webb Wildlife Management Area, a Florida state wildlife preserve. This location is also designated as a State Opportunity Zone, providing potential tax advantages for investors. While currently zoned for an RV park, the property could also accommodate a single-family home, subject to rezoning to AG. An additional 10 acres of adjacent land may also be available for purchase. The property's APN is 422524400003. Asking price is $650,000.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12691 Fl-31 Punta Gorda, FL 33982
Punta Gorda metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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