Prime residential lot opportunity in Charlotte County, located at 18 Cockatiel Way (ZIP: 33946). Situated in a desirable area near South Gulf Cove, this property offers convenient access to South Gulf Cove Park (approximately 1.76 miles), additional parks (2.0 miles), Public Storage (1.5 miles), and major highways (1.58 miles). The lot is located in Flood Zone AE, a high-risk area within the 100-year floodplain. This requires elevating any structure above the base flood elevation (BFE), obtaining flood insurance, and may involve permits that limit building footprint, grading, or utilities, potentially increasing construction costs by 10-20/100 or more. No wetlands are present on or near the site, allowing for development without environmental buffers or mitigation requirements related to wetlands. The buyer must verify the zoning district and all permitted residential uses (such as single-family homes, multifamily, or manufactured homes) directly with Charlotte County. Official verification via a Zoning Verification Letter from the Charlotte County Planning Department is required. Buyer should verify all zoning, setbacks, utility availability, and development requirements with the Charlotte County Planning Department. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.