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Property profile

2121 Sandy Pine Dr Punta Gorda, FL 33982

FOR SALE
Land
Property ID
US18-3130394
26.74 ac lot
Individually Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 26.74-acre parcel presents a unique opportunity for residential development in Punta Gorda, Florida. Located at 2121 Sandy Pine Dr., this property boasts convenient access via a paved road, eliminating the challenges often associated with undeveloped land. Previously an orange grove, the land offers a blank canvas for a variety of residential projects. The zoning designation is RE5, providing flexibility for potential development plans. Detailed information regarding specific permitted uses under RE5 zoning should be independently verified with Charlotte County planning and zoning authorities. The property's expansive size allows for substantial development potential, catering to a range of residential needs. Situated in the desirable Punta Gorda area, this land offers a blend of tranquility and accessibility, with its proximity to local amenities and transportation routes. Buyers are advised to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. All information provided is believed to be accurate but is not guaranteed and should be independently verified. This is a remarkable opportunity to acquire a significant residential land holding in a thriving Florida community. The asking price for this exceptional property is $590,000. The property's location is 2121 Sandy Pine Dr, Punta Gorda, FL 33982.

Property profile

Verified
Property type Land
Lot 26.74 ac (1,164,794 SF)
UPID US18-3130394

Cap rate & NOI

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

Location

2121 Sandy Pine Dr Punta Gorda, FL 33982
Punta Gorda metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
1 recorded transaction
2021
$250,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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