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About this home
3623 Magnolia Way is a home in Water Way Colony, Punta Gorda. Flood zone 9AE - confirm flood insurance requirements with your lender.
Welcome to this exceptional waterfront lot in the desirable Waterway Colony community of Punta Gorda! Spanning 7,700 square feet, this property offers an incredible opportunity to design and build your dream waterfront retreat. With 70 feet of waterfront, you’ll enjoy quick boating access to Charlotte Harbor and the Gulf of Mexico, perfect for those who love fishing, cruising, and coastal living. The lot frontage provides endless architectural possibilities, allowing you to maximize both space and panoramic water views from your future home. For those seeking even more room, the adjacent lot—measuring an additional 70x110—is also available, offering a rare opportunity to create an expansive waterfront estate or double-lot property. Ideally located, this property offers the best of both worlds—peaceful waterfront living just minutes from shopping, dining, entertainment, golf courses, and pristine Gulf Coast beaches. Embrace the ultimate Florida lifestyle where boating, fishing, and water sports are part of your everyday routine. Don’t miss this rare opportunity to own a prime waterfront building lot in Punta Gorda and bring your vision of a luxurious waterfront oasis to life.
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$85,000
Time on market
340 days
Monthly payment
About $596/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,331 annual tax bill, insurance.
Flood zone
Zone 9AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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