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$27,900
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Property Description
Nestled in the desirable Gulf Cove community, this lot offers an excellent opportunity to build your dream home or invest in a rapidly growing area. Conveniently located near the scenic Myakka River and just minutes from the stunning beaches of Gasparilla Island, this property provides the perfect balance of tranquility and accessibility. Surrounded by newly built homes, this neighborhood is thriving with growth. Enjoy easy access to shopping at Publix Shopping Center, Port Charlotte Mall, and a variety of restaurants, churches, and entertainment options. For boating enthusiasts, the community park and boat ramp are available, with an optional small annual fee for boat ramp access. Buyer and buyer's representative are responsible for verifying environmental conditions and any endangered species restrictions. Don't miss out on this incredible opportunity!!
Full Property Details
Full Property Details for 5478 Riley Ln
General
- Price: $27,900
- Taxes: $496 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6283899
- Updated: 11/26/2025
- Added to Site: 327 day(s) ago
Location
- Area: 33981 - Port Charlotte
- County: Charlotte
- Development Name: 33981 - Port Charlotte
- Subdivision: PORT CHARLOTTE SEC 052
- Driving Directions: 776 to Gillot Blvd, left on Norlander, right on Riley. Insert address into GPS for accurate directions.
Community
- Community Name: 33981 - Port Charlotte
- Association: Yes
Utilities
- Sewer: None
- Water: None
- Utility Description: Other
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size: 10000
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $121,304
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Optional
- Tax Amount: $496
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PCH 052 1771 0012 PORT CHARLOTTE SEC52 BLK1771 LT 12 128/147 PR93-84 1263/1244-46 1263/1238
- Flood Zone Info: X500
- APN: 402132353006
- Property ID: 402132353006
- Block/Lot/Section: 1771
Listed by Talent Realty Solutions
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Schools
Schools serving 5478 Riley Ln
School District:Charlotte County School District
| Name | Grades | Distance |
|---|---|---|
Myakka River Elementary School 12650 Willmington Boulevard, Port Charlotte, FL 33981 | PK-5 | 0.4 mi |
L. A. Ainger Middle School 245 Cougar Way, Rotonda West, FL 33947 | 6-8 | 4 mi |
Lemon Bay High School 2201 Placida Road, Englewood, FL 34224 | 9-12 | 6.1 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 5478 Riley Ln
Date
Details
Price
Change
Source
11/26/2025
Price Reduced
$27,900
-30.08%
MLS
7/17/2025
Price Reduced
$39,900
-11.33%
MLS
2/25/2025
Listed
$45,000
136.84%
MLS
12/29/2023
Sold
$19,000
—
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 5478 Riley Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$234
-53%
$15,300
—
2024
$496
22%
$15,300
170%
2023
$407
13%
$5,671
-57%
2022
$359
19%
$13,324
184%
2021
$301
-3%
$4,686
13%
2018
$310
2%
$4,165
3%
2017
$304
1%
$4,046
—
2016
$300
4%
$4,046
52%
2015
$289
-10%
$2,656
-32%
2019
$321
15%
$3,889
51%
2014
$279
1%
$2,572
10%
2013
$275
—
$2,338
—
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 5478 Riley Ln
5478 Riley Lane, Port Charlotte, FL 33981 (MLS# O6283899) is a Lots/Land property with a lot size of 0.23 acres. 5478 Riley Lane is currently listed for $27,900 and was received on February 25, 2025. Want to learn more about 5478 Riley 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.

