Suncoasteam Blog

Three contiguous lots, over 1/3 acre, in Tropical Gulf Acres for sale. Very easy access to Punta Gorda, Fort Myers and Cape Coral. Only five minutes to I-75 and a short drive to the airport.
Street Address: 12024 Epsie St, Punta Gorda 33955

Property Details for MLS Listing # C6994685

For more information on any property for sale, please contact us directly at sales@suncoasteam.com or call Jim at 941-456-3034.

MLS #: C6994685
Listing Price: Click for Current List Price…
City: Punta Gorda
County: Charlotte
Subdivision: Tropical Gulf Acres Unit 1

Acres: 0.36

Property Type: Single Family Use

Description of Property
Three lots all included in price, corner of Green Gulf along Epsie.

Lot Dimensions: 132×120
Acres: 0.36
Legal Description & Information
Legal Desc.: TROP G A UN 3 BLK48 LT 14 185/377 1834/265

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According to an article in the Sun-Herald newspaper, 3/13/2007, there could soon be changes to the procedure for scrub jay lot building permits. The U. S. Fish & Wildlife Service is considering allowing Charlotte County to release properties that show no scrub jays inhabiting them. If the result of an environmental impact study is negative for these threatened birds, the plan is to have county personnel issue clearance to build.

This is good news for owners of impacted land. It could save years of waiting for federal clearance. Owners of lots in Deep Creek, where property value is quite high could find it much more easy and inexpensive to acquire building permits. It will also affect existing homes in Deep Creek, FL where owners plan alteration or expansion.

Other areas in Charlotte County where scrub jay habitat has been found will also benefit if this procedure is adopted. Lots for sale in Gulf Cove, FL should see a rebound in value as well as lots and land in Englewood, FL.

Scrub jays are known to move about, so if you are considering a purchase of a lot or land in Charlotte County, Florida, please consult with your Suncoasteam brokers for an analysis of the property.

There should be more news on this subject in the near future. Check this site frequently or call for more information.

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

Questions sales@suncoasteam.com

Homes For Sale In Southwest, FL

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For information on Scrub Jays in Charlotte and Sarasota Counties there is an article on our website. Click the following link to read the article. Scrub Jay lots in these counties require special permitting. This article has links to check if your lot has been affected. It also has links to reports by USFWS and the counties. There is also a list of environmental consultants who conduct Scrub Jay studies to determine if the birds presently inhabit your property and help in gaining clearance to build.

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

Questions sales@suncoasteam.com

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Selling Lots and Land in Rotonda, Florida

Andy and I received a call from a customer who had inherited 3 properties from her mom. She and her brother were trying to find out what the land was worth. They might want to keep one of them but they really wanted to sell one or two.

I told them that if they want to sell the lots in a reasonable amount of time, they must be aggressive in pricing. I did a study of the areas where they own the lots. Two are lots in Rotonda Villas and one is a lot in Rotonda Heights.

The ones in Rotonda Villas are not as valuable as the one in Rotonda Heights. They are in an area where the lots are small, there is no development and the lots have no utilities. The one in Rotonda Heights is another story. It is a beautiful lot! It is extra large€¦ a little over a half acre. It has water and sewer and it is near brand new, big beautiful homes with more being built. If someone built a $300,000 – $500,000 home on that lot it would be worth 20% more in a few years.

Similar lots to the one in Rotonda Heights are priced at $59,000 and have been on the market for three months to over a year. If they want to sell their lot in Rotonda Heights I told them they would have to price it below the others. They set a price at $55,000.

Likewise, I told them if they wanted to sell the lots in Rotonda Villas they would have to be competitive€¦ even aggressive. There were many lots priced in the low $20,000′s. (I think I remember at least 30 lots under $25,000) I suggested that they offer their larger lot at $21,750 and the smaller lot at $19,500.

They sold the larger lot in 3 days and had several offers of $18,000 on the smaller one. We have since raised the price of the Rotonda Heights lot to $65,000 because they may just build a winter home there and now that one of the lots in the Villas have sold, it takes a burden off them.

OK€¦ what does this mean to you? There are buyers out there but they will only pay a sane price for vacant land. The crazy days of speculation are over. There are 1,420 lots for sale today in The Rotondas€¦ (that is, all sections of Rotonda West plus the Sands, Villas, Lakes, Meadows and Heights) That’s less than 10% of the 14,620 vacant lots in The Rotondas. And that’s nothing! Go across 771 to South Gulf Cove and 927 of the 8,000+ vacant lots in that section are for sale. And we haven’t mentioned Gulf Cove, Englewood East and West or North Port and Port Charlotte! Supply and demand€¦

Now it is absolutely true that some areas will fetch a better price. A golf course lot in Pine Valley surrounded by half million dollar homes is certainly more valuable than a postage stamp lot in Rotonda Villas with no water or sewer. As your brokers, it is Andy’s and my responsibility to assist you in determining the proper sale price for your land. We will use all the current and historical data, learn what you hope to net and market your property accordingly. However, you are the boss. You are the owner of the property and no matter what the data show, you are the one to set the sale price and we work for you. We will help you make an informed decision then you decide.

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

Questions sales@suncoasteam.com

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Rotonda (Rotunda) West:

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Rotonda (Rotunda) Lakes, Rotonda (Rotunda) Heights, Sands, Meadows & Villas:

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Corner lot in popular Rotonda Lakes. Water and sewer, close to 771 and 776 and an easy drive to Englewood Beach and Port Charlotte. Rotonda Lakes, Florida is just to the northeast of Rotonda West circle. There are 6 golf courses in and around Rotonda and more close by. One could play a different course each day of the week and drive only five minutes. Drive 1/2 hour and play a different course each day of the month. Boating and sailing is nearby in Lemon bay or 10 minutes to the Boca Grande bridge for fine dining and great beaches.

This corner lot is 125 x 75 with a greenbelt to the east. Add the greenbelt and corner right of way and you have a huge effective lot size of 170 x 100! Construction has really taken off in the area and newer Rotonda homes sell for $400,000, $500,000, $600,000 and even $700,000! Prices have fallen recently, so this lot is competitively priced at $59,900, well below other lots in Rotonda Lakes and Rotonda West. If you want a great building lot in this area, you MUST look at this one! You will find no better!

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

Questions sales@suncoasteam.com

featured Properties:
Featured Homes and Lots For Sale In Southwest Florida, Florida

Homes For Sale In Southwest, FL

Sellers – Know what your Southwest Florida home is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your Southwest Florida Home.

Search the Southwest, Florida MLS

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