$800,000
PENDING $50K PRICE INCREASE

5460 Palangos Dr Punta Gorda, FL 33982

Estimated payment $5,011/month

Total Views 4,808
10 Acres
$80,000 Price per Acre
435,600 Sq Ft Lot

Highlights

  • 10 Acre Lot
  • Wooded Lot
  • Power Generator

About This Lot

**Development Opportunity!** Seize the chance to own 10 acres of prime real estate zoned RE1, boasting an impressive 610 feet of frontage on Bermont Road. This versatile parcel is conveniently divided by Palangos Road, offering 5 acres on each side. The property includes three existing wells, three-phase power available on both sides, and high-speed internet access is available. The RE1 zoning allows for one single-family home per acre, making it an ideal site for a residential development. This property offers a wealth of possibilities for developers and investors alike. Its strategic location, and ample frontage on Bermont Road, make it a unique opportunity in a rapidly growing area. Don?t miss out on this chance to turn potential into reality!

Listing Agent

Mike Nabers

MICHAEL SAUNDERS & CO. - BOCA Brokerage Phone: 941-964-2000 License #3538089 Listed on: 01/31/2025

MICHAEL SAUNDERS & CO. - BOCA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,644

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 670x608
  • Property fronts a county road
  • South Facing Home
  • Wooded Lot
  • Property is zoned RE1

Schools

  • East Elementary School
  • Port Charlotte Middle School
  • Charlotte High School

Utilities

  • Power Generator
  • 3 Water Wells
  • Septic Needed

Community Details

  • Punta Gorda Acres Community
  • Gorda Acres 1St Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 402336477003

Property Details

Property Type

Land

Est. Annual Taxes

$6,644

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 10
  • Lot Size Sq Ft: 435600
  • Directions to Property: Exit I75 at exit 164 and take 17 towards Arcadia. In 1.4 miles turn east on Bermont Road (74). In 2.4 miles turn left on Palangos Drive.
  • Status: Pending
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 1.84
  • Total Acreage: 10 to less than 20
  • Water Access YN: 0
  • Attribution Contact: 941-964-2000
  • Tax Year: 2024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Other Equipment: Generator
  • Street Number Modifier: 5460

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2022-12-15
  • Flood Zone Panel: 12015C0254G
  • Price Per Acre: 80000

Utilities

  • Utilities: BB/HS Internet Capable, Electricity Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Well
  • Number of Wells: 3

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: East Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Port Charlotte Middle

Lot Info

  • Zoning: RE1
  • Parcel Number: 402336477003
  • Additional Parcels: No
  • Current Use: Other
  • Lot Dimensions: 670x608
  • Flood Zone Code: X
  • Lot Size Square Meters: 40469

Tax Info

  • Tax Annual Amount: 6643.84
  • Tax Block: A
  • Tax Book Number: 1-11
  • Tax Lot: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,510 $351,816 $297,500 $54,316
2022 $4,645 $313,181 $255,000 $58,181
2021 $3,648 $168,318 $119,000 $49,318
2020 $3,627 $169,620 $119,000 $50,620
2019 $3,389 $171,992 $119,000 $52,992
2018 $2,815 $140,495 $95,200 $45,295
2017 $2,639 $127,131 $83,300 $43,831
2016 $2,371 $98,641 $0 $0
2015 $2,390 $98,022 $0 $0
2014 $2,355 $98,966 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Pending -- -- --
05/14/2025 05/14/25 Price Changed $800,000 0.0% --
05/14/2025 05/14/25 For Sale $800,000 +6.7% --
04/23/2025 04/23/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $750,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed $70,000 --
Warranty Deed $77,500 --
Source: Public Records

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Source: Stellar MLS

MLS Number: D6140228

Stellar MLS

APN: 402336477003