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Land for Sale in Punta Gorda, Florida

418 Peace Island Dr, Punta Gorda, FL 33950

$4,750,000
44.5 acres
Active
$250k drop
Est $33,267/mo

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.

Location

Street address
418 Peace Island Dr
Community
L Vacated Bayshores
Elevation
2 feet
Coordinates
26.9514, -82.0119

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.

Property details

Acreage
44.5 acres
Zoning
PD
MLS #
MFRMLS C7455970
Posted

Property taxes

2021
$10,159

Parcels

  • 402333426001

Legal description

Resources

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Listing history

DateEventPriceChangeSource
June 30, 2025Relisted$4,750,000CBSCHMIDT
June 27, 2025Listing removed$4,750,000Listing agent
June 25, 2024Back on market$4,750,000CBSCHMIDT
Apr 2, 2024Under contract$4,750,000CBSCHMIDT
Mar 28, 2024Listing removed$4,750,000Listing agent
May 26, 2023New listing$4,750,000CBSCHMIDT
Mar 8, 2023Listing removed$4,750,000Listing agent
Feb 10, 2023Price drop$4,750,000$250,000 -5%CBSCHMIDT
Feb 24, 2022New listing$5,000,000CBSCHMIDT
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This 44.5-acre property is located at 418 Peace Island Dr in Punta Gorda, FL 33950. The property is available for sale for $4,750,000 with a price per acre of $106,742.

Checked 8 hours ago — Updated

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