LQ Commercial is pleased to announce the successful sale of 68.4 acres at 12200 Burnt Store Road in Punta Gorda, brokered by Managing Director Michael Price.

The property, sold by Simple Life Reflections, LLC, was purchased for $5.3 million and closed in just 120 days—a reflection of the strong momentum and surging demand driving the Burnt Store Road corridor.

This parcel is slated for 252 new homes, adding to the more than 12,000 residential units planned for development along this rapidly growing corridor. The transaction marks a significant milestone in the ongoing transformation of the area, underscoring both investor confidence and the region’s robust housing trajectory.

As the population boom continues to reshape Charlotte County, transactions like this one signal the area’s next wave of residential expansion.