160 Morgan Ln Port Charlotte, FL 33952
This exceptional .29-acre waterfront lot in Port Charlotte, Florida, presents a rare opportunity to build your dream home. Located at 160 Morgan Ln SE, 33952, this property boasts 100 feet of frontage on the Morgan Waterway, offering easy access to Charlotte Harbor and the Gulf of Mexico. A 150-foot seawall is already in place, perfect for docking your boat directly from your backyard. The lot is cleared and ready for construction, with no time frame restrictions or preferred builder requirements. Enjoy breathtaking sunset views from your future patio or dock. This desirable location is within walking distance of Port Charlotte Beach Complex and minutes from US-41, Sunseeker Resort, Fishermen's Village, shopping, dining, and entertainment. Charlotte County's strong population growth, ranked fifth nationally, and its accolades as a top golfing and retirement destination, further enhance this property's value. A comparable lot sold for $525,000 in 2005 (164 Morgan Lane SE, Lot 412). The asking price is $279,999, and owner financing may be available. This is a truly unique opportunity to own a piece of paradise in a thriving community. The property is zoned RSF.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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