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$99,500
Monthly Est:$495
-- Bed
-- Bath
11,080sqft lot
2938 Magdalina Dr, Punta Gorda, FL 33950
$99,500
$495/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
11,080 sqft lot
$9/sq.ft
Description
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 a 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.
- Houzeo last checked: 13 minutes ago
- Listing updated: August 13, 2026 at 11:01 am
- Listing Provided by: Bill Morgan (208) 794-7630 | WILLIAM MORGAN REAL ESTATE LLC (208) 794-7630
- Source: Stellar MLS-FL | MLS#: C7525398
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
11,080 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
C7525398
MLS Status
Active
Days on Market
161
Cumulative Days on Market
108
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Utilities
Public
Water Source
None
Other Features
Subdivision Name
Punta Gorda Isles Sec 14
Price History
| Date | Event | Price |
|---|---|---|
08/13/2026 Source: #MFRC7525398 | Price Decreased | $99,500 -26.78% $0/sqft |
05/04/2026 Source: | Price Decreased | $135,900 -9.25% $0/sqft |
04/27/2026 Source: | Listed for Sale | $149,750 +172.27% $0/sqft |
04/21/2021 Source: | Price Decreased | $55,000 -8.33% $0/sqft |
01/15/2021 Source: | Sold | $60,000 $0/sqft |
Punta Gorda Isles Ranks #3 in Punta Gorda, FL
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Based on information from Stellar MLS® through Oct 06, 2026, 06:15AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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