Build your Florida dream home in the desirable, deed-restricted community of Oak Hollow! This prime buildable lot sits in a Zone X flood zone—which typically means no mandatory flood insurance required by lenders. Enjoy maximum convenience with public water, public sewer, electricity, and paved roads all ready for your new build. Conveniently located just minutes from grocery stores, dining, shopping, library, spring training baseball stadiums, and historic downtown Punta Gorda. Don't miss this affordable opportunity to secure land in a fast-growing area!
Vacant landProperty Type
4,993 sq ftLot Size
$5Price/Sq.Ft.
$69/moHOA Dues
Listed by Jorge Guzman Pontigo• RE/MAX PALM REALTY
Section 96, located between US-41 (Tamiami Trail) and the Myakka River, is a residential and waterfront Port Charlotte neighborhood with canal-lined streets and low-slung Florida ranch homes. The neighborhood’s character concentrates around the US-41 and El Jobean Road junction, where marinas, bait shops, and casual waterfront stops set a salt-air tempo. Community pillars include the Peace River Botanical & Sculpture Gardens, the Visual Arts Center, and the Charlotte Performing Arts Center. Backyards often face mangroves or long canal views, and boat ramps shape weekend routines. Streets stay quiet, with palms, screened lanais, and wide driveways defining the look. Nearby riverfront parks and fishing piers keep the landscape in constant view.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Residential use
Exterior features
Asphalt road access
Lot dimensions approximately 93 x 75 x 58 x 66
About 94 feet of road frontage
Corner/irregular-shaped residential lot
Street lights
Activity core/center nearby
Pets allowed in the community
Home design
Vacant land (lot)
Zoned PD (planned development)
Construction
Lot size about 0.11 acres
Utilities
Public water available
Public sewer
Electricity available
Broadband/high-speed internet available or capable
HOA & community
HOA required; quarterly association fee of $208
Monthly HOA equivalent about $69.33
Association amenities include clubhouse, fitness center, pool, pickleball courts and recreation facilities
Association contact: Valerie Stark, CAM
Financial info
Annual tax amount listed (2025): $529.40
Other
Total acreage recorded as less than 1/4 acre
Directions: From US-41 (Tamiami Trail) head east on Cochran Blvd. Turn right onto Lumina Rd, then left onto Ricold Ter. Property (Lot 1) will be on the right.
Electricity and solar
View estimated energy costs and solar savings for this home
Buildable lot located in the deed-restricted community of Oak Hollow. The lot is in an X Flood zone. Oak Hollow Property Owner's Association, consists of 453 residences/lots. This community offers public water and sewer, underground utilities and paved county sidewalks. Residents enjoy members-only access to the Oak Hollow Recreation Center which includes an exercise room, table tennis, heated swimming pool (no lifeguard on duty), playground, tennis court, pickleball, bocce ball court, horseshoes, cornhole, billiards room, basketball court, picnic tables and many social events throughout the year. Oak Hollow Property Owner's Association is within walking or biking distance to major grocery stores, restaurants, the public library, cultural center and many shopping areas. There are multiple Major League Baseball Teams spring training facilities nearby as well as a short drive to Historic Downtown Punta Gorda.
Stellar MLS as Distributed by MLS Grid #C7451581
Jan 29, 2024
Sold
$12,000
Jan 3, 2024
Pending
—
Dec 2, 2023
Price Changed
$14,000
Nov 9, 2023
Price Changed
$14,500
Oct 2, 2023
Price Changed
$15,000
Dec 22, 2022
Price Changed
$17,500
Nov 17, 2021
Listed
$22,500
Building lot in very nice, deed restricted neighborhood, Woodlands at Oak Hollow. Community heated pool and recreation including tennis courts, exercise room, playground and more all available with low HOA fee. Close to shopping and restaurants. Very nice homes in the development.
Year
Property tax
Land + Additions
Assessment*
2025
$529 (+7.3%)
$25,500
2024
$494 (+2.0%)
$25,500
2023
$484 (+18.4%)
2022
$409 (+52.9%)
2021
$267 (+3.0%)
2020
$260 (+6.4%)
2019
$244 (+10.6%)
2018
$221 (+9.8%)
2017
$201 (+4.7%)
$5,100
2016
$192 (+11.6%)
$4,250
2014
$172 (−21.3%)
2013
$218 (+0.8%)
2012
$217
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
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Lot size
4,993 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Charlotte County
APN
402205480005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Feb 12, 2026.
PD
Planned Development District
The purpose and intent of this district is to provide flexibility and to encourage concentrated, energy-efficient land development, and to provide opportunities to impose conditions to ensure that the proposed development is consistent and compatible with the surrounding neighborhood. Conventional zoning requirements are replaced by flexible performance criteria intended to accomplish one (1) or more of the following goals: Provide for the planning, review and approval of one (1) or a combination of residential, office, commercial, and industrial land uses and structures which result in an organized, compatible development within and with surrounding land uses in regard to density and intensity of use.
Permitted uses
Include but are not limited to:
Commercial & retail
Housing
Industrial
Office
Public service
Climate risks
6/10 Flood Factor
Estimated 69-77% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Port Charlotte, FL • 33954
Average low and high temperatures (°F)
72
49
77
55
82
59
86
64
91
71
92
74
92
76
90
76
89
73
86
69
81
60
77
56
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 492 Ricold Ter
$24,046
$2,954 under list price of $27K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $21K to $281K.