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Punta Gorda 33950
115 COLONY POINT DRIVE
$266,000 - $324,000
● Land - Off Market

115 COLONY POINT DRIVE

PUNTA GORDA, FL 33950
bedrooms
Studio
bathrooms
0 Bath

About This Property

STUNNING SUNSETS ACROSS THE WIDEST PART OF THE LAKE AWAIT FROM THIS OVERSIZED 90x120 LOT WITH NEW CONCRETE SEAWALL!  Do not miss out on your chance to build your dream home here, with an incredible location nearby Ponce Park, and all things Punta Gorda including great shopping, restaurants, boating, golf, and more!  With more options than on a standard lot, this extra wide property affords incredible flexibility for your dream home overlooking Vivante Lake, the lighted resort style amenities on the other side of the lake, and stunning night skies. Building plans and survey available, so be sure to ask for details.
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Price History

Date / Event Date Event Price
Apr 8, 2024 No longer available -
No longer available
Feb 23, 2024 Relisted $295,000
Relisted
Feb 22, 2024 No longer available -
No longer available
Feb 2, 2024 Price Decreased $295,000
↓ $45K (13.2%)
Price Decreased
Oct 1, 2023 Price Decreased $339,900
↓ $10K (2.9%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PUNTA GORDA ISLES
  • Land Acres: 0000000248
  • Standard Land Use Code: 8001
  • County Land Use Code: 0000
  • State Land Use Code: 00
  • Legal Description 1: PUNTA GORDA ISLES SEC24 LT32 E802/1105 859/990 1949/1869 3758/562 4343/2093 4986/1460

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 010401

Zoning

  • Zoning: GS-3.5

Geography

  • Assessors Map Reference: 4B10S
  • Account Number: 00952623920004
  • Subdivision Tract Number: PGI
  • Parcel: 412210427016
  • Lot: 32
  • Meridian: SEC 10 TWN 41S RNG 22E
  • Latitude: 26.9209
  • Longitude: -82.0873

    Address

  • Full Address: 115 Colony Point Dr
  • Address - House Number: 115
  • Address - Street Name: Colony Point
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Punta Gorda
  • Carrier Code: C029
  • 4-Digit Zip Code: 5029
  • Zip Code: 33950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,904
  • Tax Rate Code Area: 150

    Market Valuation

  • Market Total Value: $255,000
  • Market Land Value: $255,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,000
  • Assessed Land Value: $255,000

    Sales

  • Current Sale Contract Date: May 18, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3104165
  • Previous Sale Recording Date: Aug 02, 2018
  • Previous Sale Contract Date: Jul 27, 2018
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Punta Gorda

Stats & Trends

Median Asking:

$535,000

Sale Price/ft²

$267

Below Asking

0.04%

Average Days on Market

90

Average Home Size

1955 ft²

Average Home Age

32.8 years

Currently For Sale

321 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3221 White Ibis Court, PUNTA GORDA, FL, 33950

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 826 ft²
3221 White Ibis Court #A1, PUNTA GORDA, FL, 33950 Listing by Jean Leach
Unit for rent at 3768 Bal Harbor Boulevard, PUNTA GORDA, FL, 33950

$1,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,044 ft²
3768 Bal Harbor Boulevard #4, PUNTA GORDA, FL, 33950 Listing by Libbie Scherer

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 115 Colony Point Drive built and last sold?
The property at 115 Colony Point Drive was built in and last sold on May 18, 2022 for $315,000.
How much is this home worth?
The estimated value of the home located at 115 Colony Point Drive is $297,950.
What are some comparable homes to 115 Colony Point Drive?
There are currently no comparable homes to 115 Colony Point Drive.
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