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2926 MAGDALINA DRIVE

Lots/Land For Sale
$135,900

BTC: 2.12343750

ETH: 75.50000000

-$14K (2026/05/04)
37 days
0 room(s)

Overview

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.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.25 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$159,000
$66K – $430K
Confidence Low
List vs. estimate
$23K below estimate
List $135,900 · -14.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
127 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$691
2025
All facts and features
  • Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 412213258005

    • Zoning: GS-3.5

  • Type and style

    • Property Type: Land

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $692

  • Source details

    • MLS ID: C7525396

    Other facts

    • Water Source: None

    • Lot Size Dimensions: 84 x 132

    • Subdivision Name: PUNTA GORDA ISLES SEC 14

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: WILLIAM MORGAN REAL ESTATE LLC