Residential for Sale in Punta Gorda
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For SaleMLS# 225014979

$134,575

Residential for Sale in Punta Gorda

590 Shreve Street, Punta Gorda, FL, 33950

- beds baths sqft
Gated

About this home

Prime Property in the Heart of Punta Gorda – Endless Potential! Discover a rare opportunity brimming with potential and surrounded by the charm of the city’s vibrant cultural scene. Situated directly across from the Punta Gorda Library and History Park, this unique property places you just steps away from local favorites like Hounds of Henry, the Visual Arts Center, and the bustling Fisherman’s Village. The city’s scenic 15-mile walking and biking path is right across the street, inviting you to enjoy an active, outdoor lifestyle. Bordering a Traditional Residential neighborhood, this property is zoned Residential Edge, offering flexibility and a more diverse range of development possibilities. Whether you envision single-family homes, cozy cottages, duplexes, triplexes, the zoning allows for slightly higher density while accommodating a multitude of architectural styles. This is the perfect canvas for visionaries, developers, or investors with creative concepts in mind. With its unbeatable location and versatile zoning, the possibilities are endless. This lot can be divided. Please reference Punta Gorda Land Development Regulations. Don’t miss this chance to bring your vision to life in the heart of Punta Gorda. Also additional parcel (1.78 acres) under a separate MLS #225014976—ask for details!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
13,939.2 sqft
Acreage
0.32 acres
Garage
None
Days on market
570
Total association fees
None
CDD
None
Est. taxes (1.4%)
$1,884/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Not specified
County
Charlotte

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

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Market trends, Punta Gorda

Median list
$389,450
Median $/sqft
$241
Median sold (90d)
$282,950
Avg days on market
140
Active listings
32
Median sold price · Punta Gorda
$282,950last 3 months9.2% vs $259,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $40,425 (23.1%) from the original list price.

May 3, 2026Price reducedfrom $139,999$134,575
Feb 7, 2025Listed$175,000

The good, the trade-offs & the location

Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceModerate
Hospital
0.4 mi
ShorePoint Health (Punta Gorda)
Beach
33.3 mi
Fort Myers Beach
Airport
4 mi
Punta Gorda Airport
Shopping
20.3 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.