Search
Punta Gorda Island Development Opportunity
For Sale
$4,750,000

418 PEACE ISLAND DR, Punta Gorda, FL 33950

LAND - PUNTA GORDA, FL

Property SizeContact for details
Lot Size44.50 Acres
Days on Market1631

Property Features for 418 PEACE ISLAND DR

General Information

Property type Land
Property subtype Other
Zoning PD
Subdivision L VACATED BAYSHORES
Lot features Wetlands
View Harbor
Directions From I-75 Take Exit 164 towards Arcadia Merge onto US 17/Duncan Rd, Then left onto Piper Rd, continue to Regent Rd, continue forward onto Peace Island Dr, Left onto Island View Dr.
Standard status Active
APN 402333426001
Lot size 44.50 Acres

Taxes and HOA fees

Tax Year 2021
Tax Description ZZZ 334023 P3 33 40 23 PARCEL 3 17.06 AC M/L VACATED BAYSHORES SUBD BLOCKS I J K & L AND ALL ROADS ADJ THERETO 405/573 537/128 577/246 842/216 2649/1090 PV3164/1491 3188/86 E3233/232
Tax Annual Amount 10159
Legal Description ZZZ 334023 P3 33 40 23 PARCEL 3 17.06 AC M/L VACATED BAYSHORES SUBD BLOCKS I J K & L AND ALL ROADS ADJ THERETO 405/573 537/128 577/246 842/216 2649/1090 PV3164/1491 3188/86 E3233/232

Utilities

Utilities Electricity Available
Water source Public
Listing Agency: KW PEACE RIVER PARTNERS · Keller Williams Realty
Listed By: Danny Nix · License #3307013
Added: Feb 23, 2022 Changed: Aug 1 Last Checked: Aug 12 at 7:06AM
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.

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

Current Use

Land

Suggested Use

Top Pick Law Firm Hair Salon HVAC Service Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message