$4,750,000
418 Peace Island Dr
Punta Gorda, FL 33950
Listing updated: June 9, 2026 at 12:04 PM ET
Listing courtesy of Kw Peace River Partners · Danny Nix · MLS #C7455970 · Active · 941-875-9060Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Own your own Island! The land is located just northeast of I75 at exit 164 near many new developments, including Allegiant Airlines, and a new upscale condo/hotel complex with a marina and restaurants just across the river. This unique property has been approved for 55 multi-family units with permits in place with the Army Corps of Engineers & Southwest Florida Water Management District and is planned for 34 boat slips. In addition to the 17.06 Acres main island site, there are approximately 4 acres of owned bottomlands, 2 acres of offsite parking, and a 20-acre offsite mitigation parcel.All information comes from users and sources that are believed to be reliable but should be verified for accuracy. Subject to errors and omissions.
Local Insight
At $2 per square foot for 44.5 acres of waterfront land in Punta Gorda, you're getting raw acreage at a compelling price, but the 9AE and 9VE flood zones are serious constraints that will heavily impact what you can actually build and your insurance costs—you'll need a detailed flood study and engineer's assessment before committing. The water access and views are genuine selling points if you're thinking residential or marine-oriented development, but the vacated subdivision designation suggests this has complicated title or infrastructure history that deserves thorough due diligence. This is a speculative play that demands professional review, not a turnkey opportunity.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1398 days on market
- Status: ActiveDec 17, 2025
- Listed$5,000,000Feb 23, 2022
- Price reduced$4,750,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 1398
- Subdivision
- L Vacated Bayshores
- County
- Charlotte
- Price/sq ft
- $2
- Lot size
- 1,938,420 sq ft
- Lot category
- 20 to less than 50
- Flood zone
- 9AE, 9VE
- Annual taxes
- $10,159 (2021)
- Parcel #
- 402333426001
- Zoning
- PD
- MLS #
- C7455970
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Co-op
Exterior & Construction
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt, Unimproved
Utilities
- Sewer
- None
- Water source
- Public
- Utilities
- Electricity Available, Sewer Available
Listing Details
- Listing date
- 2022-02-23
- On market date
- 2022-02-23
- Original list price
- $5,000,000
- MLS area
- 33950 - Punta Gorda
- Listing AOR
- Port Charlotte
- Status changed
- 2025-12-17
- Tax 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
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 9, 2026 at 12:04 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA