8251 WALBERT STREET

Property Details

Description

Discover this incredibly unique over-sized building lot in the highly sought-after South Gulf Cove community. For those looking to maximize privacy and tranquility, this is the lot for you. Surrounded by water on both the left side and rear of the lot, you can enjoy water views from multiple angles as well as minimize neighbors. Standard lots in South Gulf Cove are 80 feet wide, but this lot boasts 93 feet of width along the rear property line. Combined with another 125 feet along the Southern lot line, you will enjoy a total of 218 feet of water frontage. This freshwater canal is loaded with fish and will create a quiet, tranquil environment to relax by. Another incredible feature of this lot is its elevation. According to the county GIS, this lot has an 8.8 foot elevation above sea level. Most lots in South Gulf Cove require 2-3 feet or more of fill dirt, which can cost $30,000-$40,000 or more in development costs. (This can easily be verified by checking with local builders) This lot is in the AE flood zone, meaning you would have to build the lot up to 9 feet. At already 8.8 feet, minimum fill is required. You also can't beat the exposure, as this is a West facing property. The sunsets are amazing and your pool will stay warm in the afternoon sun. South Gulf Cove is a rapidly growing boating community, is close to beaches, boat ramps, restaurants, golf courses and much more. It is also home to abundant wildlife and is considered a bird sanctuary. All utilities are available at the site including electricity, city water, city sewer and high speed fiberoptic internet.

Facts & Costs

Property type

Land

Zoning

RSF3.5

Current use

Unimproved

Lot dimensions

125x91

Price per acre

$499,583

Waterfront frontage

218 ft

Road frontage

County Road

Road surface

Asphalt

Lot size

10,508 sq ft

Days on market

755

Waterfront

Yes

Community

Port Charlotte

Subdivision

PORT CHARLOTTE SEC 058

County

Charlotte

Flood zone

AE

Monthly & yearly costs

HOA fee

$120 / annually

Property taxes

$528 / year (2023)

As reported by the listing agent. Verify with the HOA and county.

Utilities & lot

Utilities

Electricity Available, Fiber Optics, Fire Hydrant, Mini Sewer, Public, Sewer Available, Water Available

Sewer

Public Sewer

Water

Public

Lot features

Buildable, Drainage Canal, In County, Private, Room For Pool, Paved

View

Trees/Woods, Water

Payment Estimate

$660 / month

Principal & interest

$606

Property taxes

$44

HOA

$10

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Canal - Freshwater