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Punta Gorda Island Development Opportunity

418 PEACE ISLAND DR Punta Gorda, FL 33950

418 PEACE ISLAND DR, Punta Gorda, FL, 33950
$4,750,000
For Sale
$4,750,000

Land - PUNTA GORDA, FL

Lot Size44.50 Acres
Days on Market1605

Property Features for 418 PEACE ISLAND DR

General Information

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

Taxes and HOA fees

Tax Year
2021
Tax Annual Amount
10159

Building Details

Architectural style
Other
Listing Agency KW PEACE RIVER PARTNERS
1675 W Marion Ave Ste 112, Punta Gorda, FL
Listed by Danny Nix · License #3307013
Added: Feb 23, 2022 Checked: Jul 17 at 11:06 am
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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Own an entire island property.
  • Approved for 55 multi‑family units with permits in place.
  • Planned for 34 boat slips.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Land

Suggested Use

Law Firm Hair Salon HVAC Service Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Spa & Massage Center Building Supply Computer & Electronic Repair Veterinary Clinic

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

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.
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