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Residential Land for Sale in Punta Gorda, Florida

1035 Highlands Rd, Punta Gorda, FL 33983

$49,900
0.46 acres
Active sale
ago
Est $442/mo

This premier multi-family lot in the desirable Deep Creek area (Section 23) of Punta Gorda offers an unmatched development opportunity. Spanning approximately 20,000 to 21,500 square feet, the property is already primed for growth with RMF15 multi-family zoning, allowing for up to 15 units per acre.

A standout feature of this location is the surrounding landscape of vacant lots, which provides both immediate privacy and a rare chance for significant expansion. Investors can secure a larger footprint by acquiring adjacent available parcels, creating a more extensive residential project.

Strategically positioned off Sandhill Boulevard, the site offers effortless and immediate access to I-75, ensuring seamless regional connectivity for future residents. Offered at a great price, with market values estimated around $49,000 to $53,000 per lot, this is a highly competitive entry point into a growing market. Essential infrastructure is already in place, with official confirmation that both potable water and sewer services are available for immediate development. Whether you are looking to build a private multi-family residence or a larger integrated community, this property’s mix of accessibility and expansion potential makes it a top-tier choice.

Location

Street address
1035 Highlands Rd
Community
Punta Gorda Isles Sec 23
Elevation
19 feet
Coordinates
27.0161, -82.0085

Directions

Take Exit 167 (Harbor View Rd / US-17) or Exit 164 (US-17 / Duncan Rd), depending on direction. Head west toward Kings Highway (FL-769).

Turn left onto Kings Highway (FL-769). Drive 2–3 miles, then turn left onto Sandhill Blvd. Continue on Sandhill Blvd for about 2 miles. Turn right onto Highlands Rd. Continue along Highlands Rd, then the destination (1035 Highlands Rd) will be on your right in the Deep Creek area.

Property details

Lot size
0.46 acres20,038 sq ft
Zoning
RMF15
MLS #
MFRMLS O6398560
Posted

Property taxes

2025
$1,064

Expenses

Home Owner Assessments Fee
$17 monthly

Parcels

  • 402309227008

Legal description

Details and features

Listing

Type
Land

Exterior

Features
Level, Paved

Nearby schools

NameType
Deep Creek ElementaryElementary
Punta Gorda MiddleMiddle
Charlotte HighHigh

Listing history

DateEventPriceChangeSource
Apr 14, 2026New listing$49,900MFRMLS
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This 0.46-acre property is located at 1035 Highlands Rd in Punta Gorda, FL 33983. The property is available for sale for $49,900.

Checked 2 hours ago — Updated

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