Punta Gorda Island Development
418 PEACE ISLAND DR, Punta Gorda, FL 33950
For Sale
$4,750,000
Land, PUNTA GORDA, FL
Property SizeContact for details
Lot Size44.50 Acres
Days on Market1726
Property Features for 418 PEACE ISLAND DR
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Listing Agency:
KW PEACE RIVER PARTNERS · Keller Williams Realty
(941) 875-9060
Listed By:
Danny Nix · License FL #3307013
(941) 724-0080
Added: Feb 23, 2022
Changed: Aug 26
Last Checked: Nov 14 at 6:06AM
MLS# C7455970
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.
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Investment Insights
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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.
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Location Intelligence
Trade Area within ½ mile
50
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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
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Frequently Asked Questions
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.
