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$299,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 5 Acres
  • Updated 1 day ago
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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.

Full Property Details for 5116 Palangos Dr

General

  • Price: $299,000
  • Taxes: $1,186 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: S5158849
  • Updated: 10/3/2026
  • Added to Site: 2 day(s) ago

Location

  • Area: 33982 - Punta Gorda
  • County: Charlotte
  • Development Name: 33982 - Punta Gorda
  • Subdivision: GORDA ACRES 1ST ADD
  • Driving 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.

School Information

  • Elementary School: East Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High

Community

  • Community Name: 33982 - Punta Gorda

Utilities

  • Sewer: Septic Needed
  • Water: Well Required
  • Utility Description: Electrical Nearby

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Lot Size (Acres): 5
  • Lot Size (Sq. Ft.): 217,800
  • Lot Size: 5
  • Lot Dimensions: 330 x 643
  • Street/Road Desc.: Paved

Financial Considerations

  • Price Per Acre: $59,800
  • Tax Amount: $1,186
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: ZZZ 364023 P27 36 40 23 P-27 5A M/L S1/2 OF SE1/4 OF NE1/4 OF NE1/4 LESS S 30 FT AKA PUNTA GORDA ACRES 1ST ADD BLK B LT 14 731/507
  • Flood Zone Info: X
  • APN: 402336227004
  • Property ID: 402336227004
  • Block/Lot/Section: B

Listed by Florida Realty Investments

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— 5116 Palangos Dr —

  • Florida Realty Investments

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5116 Palangos Dr

School District:Charlotte County School District
NameGradesDistance
East Elementary School, Punta Gorda, FL
27050 Fairway Drive, Punta Gorda, FL 33982
PK-52.9 mi
Punta Gorda Middle School
1001 Education Avenue, Punta Gorda, FL 33950
6-85 mi
Charlotte High School
1250 Cooper Street, Punta Gorda, FL 33950
9-125.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5116 Palangos Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2026
Listed
$299,000
75.88%
MLS
2/12/2023
Sold
$170,000
—
Public Record
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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 for 5116 Palangos Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,186
-17%
$78,642
-3%
2024
$1,434
-24%
$80,827
34%
2023
$1,895
12%
$60,129
-53%
2022
$1,685
37%
$127,500
114%
2021
$1,228
31%
$59,500
37%
2018
$940
-17%
$43,350
6%
2019
$1,133
27%
$41,069
1%
2017
$895
3%
$40,800
—
2016
$872
2%
$40,800
45%
2015
$857
22%
$28,050
10%
2014
$702
-1%
$25,500
—
2013
$708
—
$25,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5116 Palangos Drive, Punta Gorda, FL 33982 (MLS# S5158849) is a Lots/Land property with a lot size of 5 acres. 5116 Palangos Drive is currently listed for $299,000 and was received on October 03, 2026. Want to learn more about 5116 Palangos Drive? Do you have questions about finding other Lots/Land real estate for sale in Punta Gorda? You can browse all Punta Gorda real estate or contact a Coldwell Banker agent to request more information.

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