Address
418 Peace Island Dr, PUNTA GORDA, FL
Price
$ 4,750,000
Property Attributes
  • MLS#C7455970
  • TypePending
  • CountyCHARLOTTE
  • CityPUNTA GORDA
  • AreaPunta Gorda
  • NeighborhoodL Vacated Bayshores
  • Zip33950
  • Style
  • Taxes$ 10159
  • Price$ 4,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size44.5 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. 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.

Price History
2/23/2022 Listed $5,000,000
2/10/2023 5% - $4,750,000

General Features

Sewer None
Utilities Electricity Available,Sewer Available
Zoning PD
Tax Year 2021
Current Use Unimproved
Percent Ownership Co-op
County Charlotte
Property Type Land
HOA / Comm Assn No
Subdivision Name L VACATED BAYSHORES
Status Pending
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.
City PUNTA GORDA
Buyer Agent Compensation 3%
MLS Area 33950 - Punta Gorda
Lot Size Square Feet 1938420
Waterfront Y/N No
Street Name Peace Island Dr
Tax Annual Amount 10159
Public Remarks Under contract-accepting backup offers. 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/hote
Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7455970
Days on Market 687
Standard Status Pending
Tax Lot 1
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
Water View Bay/Harbor - Full
Water Access Type Bay/Harbor,Brackish Water
Water Access Y/N Yes
Water View Y/N Yes

Interior Features

Living Area Units Square Feet

Exterior Features

Lot Features Wetlands
Water Source Public
Lot Size Area 44.5
Lot Dimensions 1121 x 599
Lot Size Acres 44.5
Road Surface Type Asphalt,Unimproved
Lot Size Units Acres
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33950

Price
AVG $680K
$4.75M
Taxes
AVG $5,486
$10,159
Visits
AVG 509
1801
Data Provided by Inside Real Estate®

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