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$23,000
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Property Description
This prime lot in Gulf Cove is in a lovely, quiet residential area. it's the perfect lot to build your Florida dream home. It is perfectly situated near Myakka River Park and the community boat ramp, offering excellent access to boating and waterfront activities. It's close to schools, shopping centers, golf courses, and Gulf beaches, providing a convenient lifestyle. Located just minutes from the Port Charlotte Regional Mall and a variety of restaurants, the property is also outside of the scrub jay habitat, making it a great investment. Enjoy proximity to US41 and I75 for easy travel, numerous nearby golf courses, and some of the area's best beaches within 30 minutes. With city water, no HOA, CDDs, or deed restrictions, this quiet street lot offers a peaceful yet convenient location, perfect for your dream home or investment. The Gulf Cove community features an optional membership to the private Gulf Cove club that grants access to a waterfront park and private boat ramp for an annual fee of $75 (per their website).
Full Property Details
Full Property Details for 5383 Phelps Ln
General
- Price: $23,000
- Taxes: $430 (2023)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: A4615979
- Updated: 7/2/2025
- Added to Site: 563 day(s) ago
Location
- Area: 33981 - Port Charlotte
- County: Charlotte
- Development Name: 33981 - Port Charlotte
- Subdivision: PORT CHARLOTTE SEC 052
- Driving Directions: From SR 776, take Gillot Blvd. then left on Stokes, right on Flaherty, left on Phelps.
- Direction Faces: Northeast
School Information
- Elementary School: Myakka River Elementary
- Middle School: L.A. Ainger Middle
- High School: Lemon Bay High
Community
- Community Name: 33981 - Port Charlotte
Utilities
- Sewer: Septic Needed
- Water: Public
- Utility Description: Electrical Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,001
- Lot Size: 10001
- Lot Dimensions: 80 x 125
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $100,000
- Tax Amount: $430.58
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PCH 052 1724 0006 PORT CHARLOTTE SEC52 BLK1724 LT 6 344/996 4496/790
- Flood Zone Info: AE
- APN: 402132408001
- Property ID: 402132408001
- Block/Lot/Section: 1724
Listed by Medway Realty
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Schools
Schools serving 5383 Phelps Ln
School District:Charlotte County School District
| Name | Grades | Distance |
|---|---|---|
Myakka River Elementary School 12650 Willmington Boulevard, Port Charlotte, FL 33981 | PK-5 | 0.6 mi |
L. A. Ainger Middle School 245 Cougar Way, Rotonda West, FL 33947 | 6-8 | 4.3 mi |
Lemon Bay High School 2201 Placida Road, Englewood, FL 34224 | 9-12 | 6.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5383 Phelps Ln
Date
Details
Price
Change
Source
10/03/2024
Price Reduced
$23,000
-8%
MLS
7/04/2024
Listed
$25,000
24900%
MLS
7/30/2019
Sold
$100
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5383 Phelps Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$189
-57%
$9,148
10%
2024
$443
3%
$8,316
10%
2023
$431
13%
$7,560
-46%
2022
$380
16%
$14,025
124%
2021
$327
-9%
$6,248
—
2019
$358
4%
$6,248
5%
2018
$345
1%
$5,950
3%
2017
$341
—
$5,780
—
2016
$341
2%
$5,780
9%
2015
$334
3%
$5,313
3%
2014
$324
3%
$5,143
10%
2013
$316
—
$4,675
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5383 Phelps Ln
5383 Phelps Lane, Port Charlotte, FL 33981 (MLS# A4615979) is a Lots/Land property with a lot size of 0.23 acres. 5383 Phelps Lane is currently listed for $23,000 and was received on July 04, 2024. Want to learn more about 5383 Phelps Lane? Do you have questions about finding other Lots/Land real estate for sale in Port Charlotte? You can browse all Port Charlotte real estate or contact a Coldwell Banker agent to request more information.

