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3367 DESOTO DRIVE
About This Property
PROPERTY HIGHLIGHTS
• Triple waterfront homesite
• Direct access to the Peace River
• Navigable water frontage
• No deed restrictions
• Zoned for single-family residential use
• Oversized lot with room for custom home and pool
• Ideal for boating, fishing, and kayaking
• Convenient access to I-75 and US-17
• Near shopping, dining, golf, and parks
• Short drive to downtown Punta Gorda
Don't miss this rare opportunity to own a spacious waterfront property with direct access to one of Southwest Florida's most sought-after waterways!
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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 |
|---|---|---|---|
| Jun 28, 2026 | Listed by KW PEACE RIVER PARTNERS | $85,000 | |
| Listed by KW PEACE RIVER PARTNERS | |||
| May 14, 2025 | Price Decreased |
$122,900
↓ $5K
(3.9%) | |
| Price Decreased | |||
| Apr 26, 2025 | Price Decreased |
$127,900
↓ $5K
(3.8%) | |
| Price Decreased | |||
| Feb 13, 2025 | Listed | $132,900 | |
| Listed | |||
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SAILBOAT WATERFRONT SPECIAL... THIS 3 lot PACKAGE WITH 150 FEET on a canal is located in Harbour Heights within minutes of the Peace River and Charlotte Harbor to the Gulf. These lots combined would give ample room for a larger home or used separately for 2 or 3 homes. A Boaters delight close to the Harbour Heights County Park with a public boat ramp, fishing, and playground area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017