This premier multi-family lot in the desirable Deep Creek area (Section 23) of Punta Gorda offers an unmatched development opportunity. Spanning approximately 20,000 to 21,500 square feet, the property is already primed for growth with RMF15 multi-family zoning, allowing for up to 15 units per acre. A standout feature of this location is the surrounding landscape of vacant lots, which provides both immediate privacy and a rare chance for significant expansion. Investors can secure a larger footprint by acquiring adjacent available parcels, creating a more extensive residential project. Strategically positioned off Sandhill Boulevard, the site offers effortless and immediate access to I-75, ensuring seamless regional connectivity for future residents. Offered at a great price, with market values estimated around $49,000 to $53,000 per lot, this is a highly competitive entry point into a growing market. Essential infrastructure is already in place, with official confirmation that both potable water and sewer services are available for immediate development. Whether you are looking to build a private multi-family residence or a larger integrated community, this property’s mix of accessibility and expansion potential makes it a top-tier choice.
Deep Creek, located between I-75 and the Peace River, is a master-planned and residential Harbour Heights neighborhood with winding freshwater canals and golf-course greens. The neighborhood’s character concentrates around Deep Creek Boulevard near the Deep Creek Golf Club, where morning tee times, walkers, and clubhouse chatter set the pace. Streets of deed-restricted homes mix late-20th-century Florida ranches with newer builds, many oriented to water views and screened lanais. Canal edges and pocket preserves shape a quiet, outdoors-forward routine. For local staples, Deep Creek Golf Club, Nav-A-Gator Grill, and the Military Heritage Museum anchor nearby outings. US-41 corridors add practical errands without changing the calm, inland-coastal feel.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Wooded vegetation on the property
Buildable and filled lot
Exterior features
0.46-acre lot (approximately 200 x 100 x 200 x 100)
Level, oversized lot
Paved, asphalt road frontage on a county road with public maintenance
100 feet of frontage
Wooded landscaping
Buildable parcel
Home design
Land parcel zoned RMF15 (multi-family residential)
Current use designated as multi-family
Future land use: High Density Residential
Faces east
Parking
No existing parking structures (land sale)
Construction
No structures (vacant land)
Utilities
Well required for water
No sewer service (sewer: none)
Electricity available
Cable available
HOA & community
Section 23 Property Owners Association with required annual fee of $205 (about $17.08/month)
Pets allowed
Financial info
Annual taxes reported ($1,064 for 2025)
Other
Located in-county; zoning compatible with current designation
Directions available to 1035 Highlands Rd, Punta Gorda, FL
Electricity and solar
View estimated energy costs and solar savings for this home
Tax deed cloud expires 18 APR 2021 - see attached tax deed FAQ sheet. SELLER HAS INITIATED A SUIT TO QUIET TITLE ON THESE TWO OVERSIZED ADJACENT PARCELS (1025 & 1035 HIGHLAND RD) ZONED RMF15 IN THE DEED-RESTRICTED COMMUNITY OF DEEP CREEK. Listed and priced separately, but seller would prefer to sell them together. Seller financing may be available. Tax deed cloud expires 15 MAR 2021 - see attached tax deed FAQ sheet. The scrub jay issue can be resolved by paying a $2,200 fee to the County when applying for a building permit.
Public Records
Feb 19, 2003
Sold
$24,000
Public Records
Jan 9, 2003
Sold
$150,000
Public Records
Oct 2, 2000
Sold
$7,000
Public Records
Jul 14, 1995
Sold
$14,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,064 (−1.3%)
2024
$1,078 (+2.2%)
2023
$1,055 (+33.2%)
2022
$792 (+13.8%)
2021
$696 (+21.7%)
$19,890
2020
$572 (+8.9%)
2019
$525 (+1.8%)
2018
$516 (+18.2%)
$10,098
2017
$437 (+4.5%)
$7,752
2016
$418 (+54.2%)
$5,620
2014
$271 (−2.1%)
2013
$277 (+1.1%)
2012
$274
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Charlotte County
APN
402309227008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 4, 2026.
RMF15
Residential Multifamily District
The purpose and intent of this district is to offer low- or high-density residential with emphasis on multifamily use.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Communications tower
Housing-Mobile home park
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Punta Gorda, FL • 33983
Average low and high temperatures (°F)
73
49
78
54
82
58
86
64
91
71
92
73
91
75
90
77
90
74
86
69
82
59
77
55
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1035 Highlands Rd
$44,995
$4,905 under list price of $50K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $30K to $290K.