$4,750,000
$250K PRICE DROP

418 Peace Island Dr Punta Gorda, FL 33950

Estimated payment $26,729/month

Total Views 5,253
44.5 Acres
$106,742 Price per Acre
1,938,420 Sq Ft Lot

Highlights

  • White Water Ocean Views
  • 44.5 Acre Lot
  • No HOA
  • Access to Bay or Harbor
  • Wetlands on Lot

About This Lot

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.

Listing Agent

Danny Nix

COLDWELL BANKER SUNSTAR REALTY Brokerage Phone: 941-225-4663 License #3307013 Listed on: 02/23/2022

COLDWELL BANKER SUNSTAR REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,159

Lot Details

  • 44.5 Acre Lot
  • Lot Dimensions are 1121 x 599
  • The property's road front is unimproved
  • Property is zoned PD

Property Views

  • White Water Ocean Views

Listing and Financial Details

  • Legal Lot and Block 1 / I
  • Assessor Parcel Number 402333426001

Community Details

Overview

  • No Home Owners Association
  • Bayview Solona Community
  • L Vacated Bayshores Subdivision

Recreation

  • Access to Bay or Harbor
  • Fixed Bridges
  • Access to Brackish Water
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$10,159

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 44.5
  • Lot Size Sq Ft: 1938420
  • Directions to Property: 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.
  • Status: Active
  • Ownership: Co-op
  • Escrow State: FL
  • List Office Head Office Key Nume: 213008162
  • RATIO Current Price By Calculate: 2.45
  • Total Acreage: 20 to less than 50
  • Water Access YN: 1
  • Attribution Contact: 941-225-4663
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 418

Exterior Features

  • Road Frontage Type: City Street
  • Waterfront: No
  • Road Surface Type: Asphalt, Unimproved
  • Water Access: Bay/Harbor,Brackish Water
  • Water Extras: Bridges - Fixed
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Price Per Acre: 106742

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: PD
  • Parcel Number: 402333426001
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Wetlands
  • Lot Dimensions: 1121 x 599
  • Flood Zone Code: 9AE, 9VE
  • Lot Size Square Meters: 180085
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 10159
  • Tax Block: I
  • Tax Book Number: 3188/86
  • Tax Lot: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $12,698 $611,543 $0 $0
2022 $11,550 $680,037 $652,545 $27,492
2021 $10,262 $505,407 $478,533 $26,874
2020 $9,986 $494,621 $464,032 $30,589
2019 $10,140 $500,901 $464,032 $36,869
2018 $9,745 $503,806 $463,017 $40,789
2017 $9,905 $508,270 $463,017 $45,253
2016 $10,124 $513,482 $0 $0
2015 $10,405 $520,866 $0 $0
2014 $10,366 $524,633 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $4,750,000 0.0% --
06/23/2025 06/23/25 Off Market $4,750,000 -- --
06/24/2024 06/24/24 For Sale $4,750,000 -5.0% --
03/24/2024 03/24/24 Pending -- -- --
02/23/2022 02/23/22 For Sale $5,000,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,350,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Unknown
Source: Public Records

Source: Stellar MLS

MLS Number: C7455970

Stellar MLS

APN: 402333426001