
27421 MANDALAY DRIVE, PUNTA GORDA, FL, 33955
Active37 days on marketListed Jul 2, 2026MLS #C7527981
About this home
27421 MANDALAY DRIVE
Discover an exceptional opportunity to build your dream home on this pristine vacant lot at 27421 Mandalay Drive in Punta Gorda. This buildable residential parcel comes with significant advantages: it is free of scrub jays, hydric soils, and wetlands, ensuring a smooth and hassle-free permitting process without the typical environmental hurdles or costly mitigations. Located in Flood Zone D, where flood hazards are undetermined but generally not subject to the stringent requirements of high-risk zones, this lot offers peace of mind and flexibility for construction. Conveniently situated with easy access to US-41 and I-75, this property provides quick connections to Downtown Punta Gorda’s charming waterfront, shops, and dining, as well as the vibrant city of Fort Myers. Enjoy proximity to beautiful Gulf beaches, major shopping centers, and everyday conveniences, all while residing in a peaceful neighborhood poised for growth. Whether you're looking to create a custom residence or make a smart investment in Southwest Florida's desirable real estate market, this lot is ready for your vision. For the forward-thinking investor seeking a buy-and-hold opportunity, this lot stands out as a low-risk entry point into one of Southwest Florida’s fastest-growing areas. With new homes and businesses already under construction throughout Punta Gorda and Charlotte County, property values are positioned for continued appreciation over time. Its environmentally cleared status, favorable flood zone designation, and strategic location near major highways and amenities further enhance its long-term potential—delivering strong upside with minimal carrying costs while you hold for future growth or development. Disclaimer for Buyers and Buyer’s Agents: All information provided, including details on environmental conditions, flood zone designation, and other property attributes, is believed to be accurate but is not guaranteed. Prospective buyers and their agents are strongly advised to independently verify all information and confirm that the lot is suitable for their specific intended use, including any zoning, permitting, environmental, or building requirements with the appropriate authorities.
Facts & features
The home at a glance
0.17 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$269 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$269/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Tropical Gulf Acres
Get to know Punta Gorda. See the full Punta Gorda guide →
Tropical Gulf Acres — neighborhood snapshot
Population
1,094
Median age
60
Median income
$64,964
Median home value
$246,900
Avg household
2
Households w/ children
131
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Punta Gorda market
$345K → $330K
Punta Gorda median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
Median sold price, Punta Gorda, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 68% below the PUNTA GORDA 33955 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 27421 MANDALAY DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$245,000
27508 HOLLYWOOD DRIVE · same community
2 bd · 1.5 ba · 962 sqft · $255/sqft · 92 DOM
Sold · Mar ’26$235,000
27141 ALHAMBRA DRIVE · same community
2 bd · 2 ba · 1,120 sqft · $210/sqft · 11 DOM
Sold · Mar ’26$264,000
27403 TREADMILL DRIVE · same community
3 bd · 2 ba · 1,184 sqft · $223/sqft · 43 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Your agent
Jillian Kobylesky
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 27421 MANDALAY DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 27421 MANDALAY DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Jillian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
27421 MANDALAY DRIVE FAQs
What would the monthly payment be for 27421 MANDALAY DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $269/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 27421 MANDALAY DRIVE?+
The most recent tax bill on record (2025) was $320. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Punta Gorda?+
At $12,990, this home is listed about 96% below the Punta Gorda median of $339,900. The market section on this page shows how the area is trending.
Which schools are assigned to 27421 MANDALAY DRIVE?+
Punta Gorda Middle School (middle), Charlotte High School (high), East Elementary School (elementary) — Charlotte County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of IALUNA REAL ESTATE · Robert Osborne. MLS #C7527981.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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