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2060 RIVER BASIN TERRACE

Lots/Land For Sale
$125,000

BTC: 1.61707633

ETH: 51.04124132

124 days
Waterfront
0 room(s)

Overview

Palm Shores is a quiet, waterfront community nestled along the scenic Peace River, offering a peaceful, laid-back Florida lifestyle surrounded by natural beauty. Known for its spacious homesites and uncrowded setting, this hidden gem appeals to those seeking privacy, tranquility, and direct access to the water. Residents enjoy boating, fishing, and kayaking right from their backyard, with easy access to the Peace River, Charlotte Harbor, and the Gulf of Mexico. The area is rich in wildlife and offers stunning sunset views, making it ideal for outdoor enthusiasts and waterfront living. Palm Shores maintains a rural, Old Florida charm with larger lots and minimal development, creating a relaxed, country-like atmosphere while still being just a short drive to shopping, dining, golf courses, and the historic downtown district of Punta Gorda. This community is especially attractive to retirees, seasonal residents, and buyers looking for affordable waterfront or acreage properties without HOA restrictions, all within one of Southwest Florida’s most charming coastal towns known for its friendly vibe, marina lifestyle, and vibrant harborfront.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.22 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$64,950
$53K – $105K
Confidence Low
List vs. estimate
$60K above estimate
List $125,000 · +92.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
68 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,069
2025
View
Water
Waterfront
Canal - Saltwater
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 402314254005

    • Zoning: RSF5

  • Type and style

    • Property Type: Land

  • Utility

    • Sewer Available

  • Other financial information

    • Annual tax amount: $1,069

  • Source details

    • MLS ID: C7525402

    Other facts

    • Lot Features: Flood Plain / Street Dead-End

    • Direction Faces: Northwest

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 80 x 120

    • Subdivision Name: PALM SHORES

Private inquiry
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Market around this address

Live counts in the same area.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER SUNSTAR REALTY