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5116 PALANGOS DRIVE

Lots/Land For Sale
$299,000

BTC: 3.56738054

ETH: 112.83018868

New
0 room(s)

Overview

Space to spread out and room to imagine your next chapter! Discover nearly 5 acres in Punta Gorda Acres, featuring open, cleared areas and scattered mature pines that preserve the property’s natural character. Two adjoining parcels on Palangos Drive are offered together, totaling approximately 4.87 acres, as shown on the survey. Two existing storage sheds are included in the sale. Explore the possibilities for a future home with generous outdoor space, a garden, and your own peaceful retreat, subject to applicable approvals. Both parcels are zoned Residential Estate (RE1). Sale includes parcel IDs 402336227004 and 402336227005. Buyer to verify acreage, permitted uses, building eligibility, access, utilities, and environmental requirements with the appropriate agencies.

Location

Florida • PUNTA GORDA • 33982 • Lots/Land • For Sale

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$200,000
$117K – $567K
Confidence Low
List vs. estimate
$99K above estimate
List $299,000 · +49.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
29 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,186
2025
All facts and features

  • Lot

    • Lot: 5.00 Acres

    Other Property Information

    • Parcel Number: 402336227004

    • Zoning: RE1

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

  • Other financial information

    • Annual tax amount: $1,186

  • Source details

    • MLS ID: S5158849

    Other facts

    • Water Source: Well Required

    • Lot Size Dimensions: 330 x 643

    • Subdivision Name: GORDA ACRES 1ST ADD

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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Market around this address

Live counts in the same area.
View all
This zip
33982
380
median $191K
Active
Same city
PUNTA GORDA
2,380
median $199K
Active
Same type
Lots/Land
1,170
median $40K
Active
Similar price
$209K – $388K
581
median $299K
Active

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: FLORIDA REALTY INVESTMENTS