$135,900
2926 Magdalina Drive
Punta Gorda, FL 33950
Listing updated: May 4, 2026 at 5:47 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Builder / Investor Opportunity – Ready-to-Build Duplex Site. Rare opportunity to acquire a vacant land parcel with slab already in place in growing Punta Gorda. City council approved rezoning has been completed, creating a clear path forward for development. Planned for a duplex featuring two spacious 3BR / 2BA units, approximately 1,374 sq ft per side. Significant upfront time and cost savings with approvals and existing slab already in place. Plans are available to accompany the sale for buyers wishing to complete the project as designed. Current builder is also willing to discuss completing construction for the purchaser, or bring your own builder and finish to your specifications. Ideal opportunity for builders, investors, or buy-and-hold buyers seeking rental income or resale potential. Additional adjacent opportunities available at 2930 and 2938 Magdalina Dr. Purchase one lot or all three for expanded development potential. Conveniently located near downtown Punta Gorda, I-75, shopping, dining, boating, and waterfront amenities. Sold AS-IS. Buyer to verify all information and complete due diligence.
Local Insight
This quarter-acre lot in Punta Gorda Isles is priced aggressively at $12 per square foot, but the 9AE flood zone designation is the real factor you need to underwrite—that's an active flood risk area that will drive up insurance costs significantly and may affect financing or future resale. The lack of HOA fees is a genuine plus for an unimproved lot, though you'll want to confirm what utilities are actually available on Magdalina Drive and whether the subdivision has any deed restrictions that would still apply. At this price point, you're banking on land appreciation or the ability to build despite flood considerations, so get a flood insurance quote and talk to a local builder about elevation requirements before moving forward.
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 history7 days on market
- Status: ActiveApr 27, 2026
- Listed$149,750Apr 27, 2026
- Price reduced$135,900
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 7
- Subdivision
- Punta Gorda Isles Sec 14
- County
- Charlotte
- Price/sq ft
- $12
- Lot size
- 11,082 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- 9AE (12015C0241G)
- Annual taxes
- $692 (2025)
- Parcel #
- 412213258005
- Zoning
- GS-3.5
- MLS #
- C7525396
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- Public
Listing Details
- Listing date
- 2026-04-26
- On market date
- 2026-04-27
- Original list price
- $149,750
- MLS area
- 33950 - Punta Gorda
- Listing AOR
- Port Charlotte
- Status changed
- 2026-04-27
- Tax legal description
- PGI 014 0163 0011 PUNTA GORDA ISLES SEC14 BLK163 LT11 QCD809/1690-92 1133/1685 2555/1234 2565/983 3622/949 4766/696 4800/529 5007/194
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
I-75 Exit 164 to Duncan Rd east, left on Taylor Rd, right on Magdalina Dr. Parcels on right/left side depending on exact lot position.
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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 4, 2026 at 5:47 PM 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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