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5 TROPICANA DRIVE

Lots/Land For Sale
$699,900

BTC: 11.00731305

ETH: 367.85729302

1 days
Waterfront
0 room(s)

Overview

Welcome to 5 Tropicana Drive, one of the few remaining premium buildable waterfront lots in Punta Gorda Isles. Ideally positioned at the northern tip of the highly desirable Sailboat Section, this rare key lot offers expansive panoramic views of Charlotte Harbor and an exceptional setting for a custom waterfront residence. The property features approximately 100 feet of seawall, significantly more than the typical 80 to 85 feet, providing ample room for multiple docks and boat lifts. The lot also lends itself well to an L-shaped home design, allowing the main living areas to capture the impressive harbor views while maintaining privacy throughout the outdoor and rear living spaces. Extensive pre-construction work has already been completed, including soil testing, engineering based on the soil results, surveys, an elevation certificate, site plans, architectural plans, and structural engineering. Current engineering indicates that pilings are not required. These documents and plans may be available to the purchaser at an additional cost, potentially saving considerable time during the design and permitting process. Several custom home designs are available for this property, with construction packages starting at approximately $800,000. Plans are available and ready to move forward, and the builder estimates an 8- to 9-month construction timeline following permit approval. This is a rare opportunity to create a custom waterfront home in one of Punta Gorda Isles’ most desirable locations, offering outstanding harbor views, generous seawall frontage, and direct sailboat access.

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
$279,900
$105K – $449K
Confidence Low
List vs. estimate
$420K above estimate
List $699,900 · +150.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
229 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,147
2025
Waterfront
Canal - Brackish
All facts and features
  • Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 412211157003

    • Zoning: GS-3.5

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electricity Available

    • Public

    • Water Available

  • Other financial information

    • Annual tax amount: $9,147

  • Source details

    • MLS ID: C7528980

    Other facts

    • Direction Faces: South

    • Waterfront: Yes

    • Water Body Name: PEACE RIVER

    • Water Source: Public

    • Lot Size Dimensions: 100 x 120 x 88

    • Subdivision Name: PUNTA GORDA ISLES SEC 04

Private inquiry
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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: PREFERRED SHORE LLC