$39,999
31940 Oil Well Road
Punta Gorda, FL 33955
Property type
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveDec 2, 2025
- Listed$29,999Aug 24, 2021
- 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
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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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.
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