Stellar MLS

$39,999

31940 Oil Well Road

Punta Gorda, FL 33955

Active
0
Baths
2.5
Acres
2.5 acres$0/sqft
Land

Property type

108,900 sqft

Lot size

$0

Price / sq ft

No HOA

HOA dues

1696

Days on market

AE

Flood zone

About this home

oversized vacant lot, as-is, due diligence before make an offer, no access

Local Insight

This is raw land in Punta Gorda priced aggressively at $40K, but the AE flood zone is a serious constraint—you're looking at mandatory flood insurance, elevation requirements, and potential construction costs that could easily exceed the land price itself. At 2.5 acres with no HOA, you'd have flexibility if you can navigate the flood regulations, though you'll want to verify utilities access and whether the property is even buildable under current FEMA standards before committing. For this price point in Southwest Florida, the flood zone designation is the real story here—clarify what development is actually feasible before treating this as a blank canvas.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$202
Property taxes$8
Home insurance (est.)$18

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history1696 days on market

  1. Status: Active
    Dec 2, 2025
  2. Listed$29,999
    Aug 24, 2021
  3. Price increased$39,999

Facts & features

Property type
Land
Status
Active
Days on market
1696
County
Charlotte
Price/sq ft
$0
Lot size
108,900 sq ft
Lot category
2 to less than 5
Flood zone
AE
Annual taxes
$92 (2021)
Parcel #
422420226005
Zoning
AG
MLS #
A4510421

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HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Other

Exterior & Construction

Road surface
Unimproved

Utilities

Sewer
None
Water source
None
Utilities
Electrical Nearby

Listing Details

Listing date
2021-08-24
On market date
2021-08-24
Original list price
$29,999
MLS area
33955 - Punta Gorda
Listing AOR
Sarasota - Manatee
Status changed
2025-12-02
Tax legal description
ZZZ 204224 P1-24 20 42 24 2.5A P-1-24 N1/2 OF N1/2 OF NE1/4 OF NE1/4 OF NE1/4 LESS W 25 FT FOR RD R/W 276/203787/391

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Oil Well to Bass Rd .10 a mile N, lot is on left

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 18, 2026 at 9:43 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA