Under contract-accepting backup offers. INVESTOR SPECIAL!!! Riverfront property situated on nearly one acre along the widest portion of the Peace River, offering approximately 200 feet of water frontage and direct access to Charlotte Harbor, Boca Grande and the Gulf of Mexico with one fixed 50-foot bridge. The main residence originally features 5 bedrooms and 4 full baths, along with a separate guest cottage (property needs fully renovation/known damaged). An additional water frontage according to survey. Centrally located across from Lashley Marina and near historic downtown Punta Gorda, dining, shopping, I-75 and Punta Gorda Airport. There is a proposal on the table for public use for a fair market value. Please read confidential remarks.