This canal-front Punta Gorda property consists of two combined lots positioned on a turning basin, offering a rare opportunity to create a substantial waterfront estate or explore future development potential. Most of the property is located in Flood Zone X, and from the backyard you are just 0.25 nautical miles to the Peace River, which flows directly into Charlotte Harbor-known for world-class fishing, sailing, and Gulf of Mexico access. The property is outside the scrub jay review area per the Charlotte County Habitat Conservation Plan. Recent community improvements completed in 2022 include upgraded water distribution piping by the Charlotte Harbor Water Association, and the assessment for new sidewalks has been fully paid this year. Located in the established, eclectic, and non-deed-restricted Harbour Heights neighborhood, residents enjoy waterfront living with no HOA fees. Harbour Heights Park is just 1.1 miles away and features a public boat ramp, day docks, playground, pavilion, barbecue areas, basketball, shuffleboard, lighted tennis courts, and a butterfly garden. Convenient access to schools, golf, medical facilities, shopping, Punta Gorda Airport, and I-75 makes travel north or south easy.