$4,750,000

418 Peace Island Dr

Punta Gorda, FL 33950

Active
0
Baths
44.5
Acres
Water viewWater access44.5 acres$2/sqft360° tour
🏠Land

Property type

📐1,938,420 sqft

Lot size

📊$2

Price / sq ft

🏘️No HOA

HOA dues

📅1363

Days on market

🌊9AE, 9VE

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.

Estimated monthly payment

Principal & interest$24,019
Property taxes$847
Home insurance (est.)$2,177

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 history1363 days on market

  1. Status: Active
    Dec 17, 2025
  2. Listed$5,000,000
    Feb 23, 2022
  3. Price reduced$4,750,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
1363
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

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

Zone 9AE, 9VEFEMA Zone 9AE, 9VE

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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MLS GRID

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 May 5, 2026 at 3:40 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