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Waterfront Island Development Land

418 Peace Island Dr PUNTA GORDA Punta Gorda, FL 33950

418 Peace Island Dr PUNTA GORDA, Punta Gorda, FL, 33950
$4,750,000
For Sale
$4,750,000

Island waterfront land with permits approved for multi-family development and plans for boat slips.

Lot Size17.06 Acres
Days on Market15

Property Features for 418 Peace Island Dr PUNTA GORDA

General Information

Standard status
Active
Lot size
17.06 Acres
Property subtype
Land
Listing agency
Listed by Pascale "Pack" Trotta
Source Movetojacksonville
Added: Jul 7 Updated: Jul 10 at 2:13PM Checked: Jul 21 at 3:32AM

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.

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 Location Intelligence

Current Use by Public Records

Waterfront 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?
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
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