Price Reduced Listing
$79,900
 $429 est/mo Sourced by Back At You

2938 Magdalina Dr,PUNTA GORDA, FL 33950

PUNTA GORDA, FL 33950

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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.

Details

MLS #C7525398
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Days On Site179
Listing Provided ByWILLIAM MORGAN REAL ESTATE LLC | Bill Morgan

Features

ZoningGS-3.5
Acreage0.25

Taxes

Property691

Area Information

StateFL
CountyCharlotte
CityPUNTA GORDA
Zip Code33950
Area33950 Punta Gorda
SubareaPunta Gorda Isles
Community NamePUNTA GORDA ISLES SEC 14
Listing VS Median (in PUNTA GORDA ISLES SEC 14)
Price:
$79,900
low | high
Med:
$694,000
100% of Average
On site:
179
low | high
Med:
94.5
100% of Average
Sourced by Back At You

Market Activity 33950

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 23, 2026 at 4:22:59 PM PDT 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyCharlotte
CityPUNTA GORDA
Zip Code33950
Area33950 Punta Gorda
SubareaPunta Gorda Isles
Community NamePUNTA GORDA ISLES SEC 14
Listing VS Median (in PUNTA GORDA ISLES SEC 14)
Price:
$79,900
low | high
Med:
$694,000
100% of Average
On site:
179
low | high
Med:
94.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $59K - $99K
sqft: 0 - 0
Listing Updated: October 15, 2026 at 2:25:26 PM PDT
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