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Residential Land for Sale in Punta Gorda, Florida

5116 Palangos Dr, Punta Gorda, FL 33982

$299,000
5 acres
Active sale
ago
Est $2,127/mo

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

Street address
5116 Palangos Dr
Zip code
33982
Community
Gorda Acres 1st Add
Elevation
19 feet
Coordinates
26.9586, -81.9606

Directions

Starting at the Peace River Bridge on Tamiami Trail (US41) going into Punta Gorda. Left onto W Olympia Ave (US 17). Right onto Bermont Rd (Hwy74). Left onto Palangos Dr. Land is on the right.

Property details

Acreage
5 acres
Zoning
RE1
MLS #
MFRMLS S5158849
Posted

Property taxes

2025
$1,186

Parcels

  • 402336227004

Legal description

Details and features

Listing

Type
Land

Structure

Water
Well Needed
Sewer
Septic Needed

Nearby schools

NameType
East ElementaryElementary
Punta Gorda MiddleMiddle
Charlotte HighHigh

Listing history

DateEventPriceChangeSource
Oct 3, 2026New listing$299,000—MFRMLS
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This 5-acre property is located at 5116 Palangos Dr in Punta Gorda, FL 33982. The land is available for sale, priced at $299,000 — $59,800 per acre.

Listed by Florida Realty Investments, (407) 207-2220

Checked 2 hours agoUpdated Source

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