28451 SABAL PALM DRIVE
About This Property
Build your dream home on this exceptional waterfront lot located in the desirable Palm Shores community of Punta Gorda. Offering direct access to the Peace River, this property is a rare opportunity for boating enthusiasts and those seeking a true Florida waterfront lifestyle. With 80 feet of water frontage and a solid concrete seawall already in place, this lot is ready for your custom build and outdoor vision.
PROPERTY HIGHLIGHTS:
• 80 feet of direct waterfront
• 80-foot concrete seawall
• Direct access to the Peace River
• Ideal for boating, kayaking, and fishing
• Located in the Palm Shores community
BUILDING OPPORTUNITY:
• Perfect site for a custom waterfront home
• Plenty of room for a pool and outdoor living space
• Design your own dock or lift to maximize waterfront living
• No timeline to build-secure now and build when ready
LOCATION BENEFITS:
• Quick access to open water via the Peace River
• Close to downtown Punta Gorda, shopping, and dining
• Nearby parks, golf courses, and waterfront activities
• Easy access to major roadways and Gulf Coast beaches
An outstanding opportunity to own a prime waterfront lot with direct river access, offering the perfect canvas to create your ideal Florida lifestyle.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2026 | Listed by KW PEACE RIVER PARTNERS | $110,000 | |
| Listed by KW PEACE RIVER PARTNERS | |||
| Mar 18, 2026 | No longer available | - | |
| No longer available | |||
| Nov 24, 2025 | Price Decreased |
$109,900
↓ $10K
(8.3%) | |
| Price Decreased | |||
| Sep 17, 2025 | Listed by Sellstate Advantage Realty | $119,900 | |
| Listed by Sellstate Advantage Realty | |||
| | |||
|
Discover an incredible opportunity to build your dream waterfront home on this cleared and ready to go lot in the highly desirable Palm Shores community of Punta Gorda, Florida. Boasting approximately 80 feet of seawall along a wide saltwater canal, this property offers direct access to the Peace River, Charlotte Harbor, and the Gulf of Mexico. With no HOA restrictions, you’ll enjoy endless boating, fishing, and cruising opportunities right from your backyard.
This parcel provides ample space for a custom home, pool, and outdoor living area designed to maximize the serene water views. A concrete seawall already in place, making it easy to envision afternoons spent on the water or evenings relaxing along the shoreline.
Located in the quiet, established neighborhood of Palm Shores, the property is surrounded by mature Florida landscaping and well-kept homes. Its location combines a peaceful, tucked-away feel with convenient access to all that Southwest Florida has to offer. Downtown Punta Gorda, Fishermen’s Village, shopping, dining, and cultural activities are just minutes away. Golf courses, nature parks, and the beautiful beaches of the Gulf Coast are also within easy reach.
Don’t miss the chance to secure this rare piece of waterfront property in one of Punta Gorda’s hidden gem communities. Opportunities like this are limited but the possibilities are endless for designing your perfect Florida lifestyle retreat. Whether you’re an avid boater, a nature lover, or simply seeking a tranquil waterfront setting to call home, this lot delivers the best of it all. Make it yours today and start living the waterfront lifestyle you’ve been dreaming of.
| |||
| Mar 29, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017