Waterfront Island Development
For Sale
$4,750,000
418 Peace Island Dr PUNTA GORDA, Punta Gorda, FL 33950
Island waterfront land with permits approved for multi-family development and plans for boat slips.
Property SizeContact for details
Lot Size17.06 Acres
Days on Market42
Property Features for 418 Peace Island Dr PUNTA GORDA
General Information
Standard status
Active
Lot size
17.06 Acres
Property subtype
Land
Zoning
PD
Additional Details
Highway Access
Yes
Multifamily Units
55
Taxes and HOA fees
Annual Taxes
$10,159
Amenities
Wetlands
Public
44.5
1121 x 599
false
Asphalt,Unimproved
City Street
Listing Agency:
(904) 569-5862
Listed By:
Pascale "Pack" Trotta
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 7
Changed: Aug 16
Last Checked: Aug 16 at 3:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pascale "Pack" Trotta
Investment Insights
Based on property information with market context.
This waterfront island development site includes a main island parcel of 17.06 acres, along with approximately 4 acres of owned bottomlands. The offering also includes about 2 acres of owned offsite parking, plus a 20-acre offsite mitigation parcel. Public remarks indicate the project has been approved for 55 multi-family units, with permits in place through the Army Corps of Engineers and the Southwest Florida Water Management District. The plan also contemplates 34 boat slips.
The property is described as located just northeast of I-75 at exit 164, with nearby new developments mentioned in the remarks, including Allegiant Airlines and a new upscale condo/hotel complex with a marina and restaurants across the river.
For developers, the key tenantless use here is land for a permitted, waterfront multi-family project combined with boating infrastructure. Buyers and brokers will want to confirm all permit terms, approvals, and site requirements during due diligence, including the status and conditions related to the multi-family approvals, marina/boat slip plans, and mitigation obligations.
The property is described as located just northeast of I-75 at exit 164, with nearby new developments mentioned in the remarks, including Allegiant Airlines and a new upscale condo/hotel complex with a marina and restaurants across the river.
For developers, the key tenantless use here is land for a permitted, waterfront multi-family project combined with boating infrastructure. Buyers and brokers will want to confirm all permit terms, approvals, and site requirements during due diligence, including the status and conditions related to the multi-family approvals, marina/boat slip plans, and mitigation obligations.
Key Highlights
- 44.5‑acre property with wetlands lot features and no waterfront
- Approved for 55 multi‑family units with permits in place with the Army Corps of Engineers and Southwest Florida Water Management District
- Planned for 34 boat slips
Property Analytics
Property Profile
Current Use
Lease Details
55
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 33950, FL
24,984
Population
16,748
Households
1.5
Avg Household Size
66
Median Age
36%
College-Educated
95%
High-School Grad
17.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$74,484
Median Household Income
$46,032
Median Earnings
$1,192
Median Rent
$393,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Island waterfront land with permits approved for multi-family development and plans for boat slips.
Where is this waterfront land located?
The property is located at 418 Peace Island Dr PUNTA GORDA 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: 44.5‑acre property with wetlands lot features and no waterfront; Approved for 55 multi‑family units with permits in place with the Army Corps of Engineers and Southwest Florida Water Management District; Planned for 34 boat slips
