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Oversized waterfront parcel with 89’ on the water in the heart of the original Sailboat section and less than 1 nm slow water to the Peace River. Located on one of the few canals in this area with a large turn around basin. WSW rear e... more.xposure provides Florida’s fabulous sunsets year-round, and Punta Gorda offers the small-town (but incredibly active for a town this size) ambience and lifestyle you’re looking for. If you are a bicyclist or walker, you will love the proximity to Ponce Park and downtown Punta Gorda. No seawall issues here, start building whenever you’re ready. Buyer to reimburse Seller at closing $756 for prepaid impact fees and receive that amount as a credit when applying for a building permit.