Located in the Desirable Community of Town Estates in the Cleveland area of Punta Gorda, FL that is less than 10 minutes away from north and southbound I-75 exits and the property is NOT located in a flood zone! This 1.01 acre lot has been CLEARED and GRADED so is ready for your new home! The 1.01 acres is mostly fenced and already has a PRIVACY HEDGE of 125 fast growing Calusia plants planted. Seller estimates that the fence, clearing, grading and plants would cost you approximately $50,000 in todays market! Located on a Charlotte County maintained paved road in a desirable area that has a country setting yet is close to town for fast access to shopping, dining and fun! Property is zoned RE1, so cannot be further divided. There is lots of room here for your house, toys, barn or shop!