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    418 Peace Island Dr Punta Gorda, FL 33950

    Sponsored
    For Sale
    $4,750,000

    Land - PUNTA GORDA, FL

    Lot size:
    44.50 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 8 at 4:06 pm

    Property Features for 418 Peace Island Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PD
    APN
    402333426001
    Lot size
    44.50 Acres

    Building Details

    Architectural style
    Other

    Peace River Partners Realty (941) 875-9060 [email protected]

    Listing agent Danny Nix (941) 875-9060 License #3307013

    Listing date Jan 2, 2026

    MLS# C7455970 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Punta Gorda Island Development Opportunity

    This unique island property, situated northeast of I75 at exit 164, is near several new developments, including Allegiant Airlines and an upscale condo/hotel complex with a marina and restaurants located across the river. The land has received approval for the construction of 55 multi-family units, with permits secured from both the Army Corps of Engineers and the Southwest Florida Water Management District. Plans include the development of 34 boat slips. The main island site spans 17.06 acres, complemented by approximately 4 acres of owned bottomlands, 2 acres designated for offsite parking, and a 20-acre offsite mitigation parcel. The total lot size is 44.5 acres. The property is located in Punta Gorda, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Wholesale Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.011877
    Latitude
    26.951419

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    FAQs

    What type of property is this?
    Land - Island property approved for multifamily units and boat slips.
    Where is this land located?
    The property is located at 418 Peace Island Dr Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: - Own an entire island property.; - Approved for **55 multi-family units with permits in place.**; - Planned for 34 boat slips.
    (941) 724-0080
    Request Owner's contact information
    418 Peace Island Dr Punta Gorda, FL 33950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    418 Peace Island Dr Punta Gorda, FL 33950
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