Land in Port Charlotte, Florida № 2176866

Property description

Prime residential lot opportunity in Port Charlotte, Charlotte County, located at 56 MORDECAL ST. Situated in a desirable residential area, this property offers convenient access to a school (approximately 1.37 miles), El Manantial Supermarket (1.06 miles), Save A Lot (1.64 miles), Sumter Gazebo Park (1.73 miles), Kirk Park (1.84 miles), Garden of The Five Senses (1.72 miles), hospitals (around 2.0 miles). The lot is located in Flood Zone AE, a high-risk flood zone with a 1% annual chance of flooding that requires elevating the structure above the base flood elevation (BFE), which significantly increases construction costs for foundations, grading, and materials. Additional requirements include obtaining a floodplain development permit, using flood-resistant building techniques, and mandatory flood insurance, potentially affecting financing and long-term ownership expenses. No buildable area may be available without mitigation if the entire lot is in the zone. No wetlands identified near the site, so there are no restrictions, permitting delays, or mitigation requirements related to wetland protection or delineation.