418 Peace Island Dr Lot 1, Punta Gorda, FL, 33950
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: Cooperative
- Property subType: Stock Cooperative,Unimproved Land
Property
Details
- Parcel number: 402333426001
- Zoning: PD
- Special condition: None
Features
- Has view: Yes
- View description: Bay/Harbor - Full
- Has water view: Yes
- Water view: Bay/Harbor - Full
- Waterfront features: Bay/Harbor Access,Brackish Water Access,Bridges - Fixed
Lot
- Lot size: 44.50 Acres
- Features: Wetlands
- Lot size dimensions: 1121 x 599
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Inland Flooding
- Strong Wind
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Charlotte County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $24,018 | $288,216 |
| Home Insurance * | $3,263 | $39,156 |
| Property Taxes | $3,325 | $39,900 |
| Electricity | $197 | $2,366 |
| Total | $30,803 | $369,636 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2024-06-24 | Listed for sale | $4,750,000 |
| 2024-03-26 | Pending sale | $4,750,000 |
| 2023-02-10 | Price change | $4,750,000 |
| 2022-07-14 | Listed for sale | $5,000,000 |
| 2022-02-24 | Pending sale | $5,000,000 |
| 2022-02-23 | Listed for sale | $5,000,000 |
| 2022-02-01 | Listing removed | -- |
| 2022-01-07 | Price change | $5,000,000 |
| 2021-08-16 | Listed for sale | $4,500,000 |
| 2021-01-13 | Listing removed | -- |
| 2020-04-03 | Listed for sale | $4,500,000 |
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