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Location Location Location. Build your dream home on the water in Palm Shores. Lot features 80 ft of waterfront property and has direct canal access that leads from Peace River to Gasparilla and Port Charlotte Harbor. You will be minut... more.es to open water so bring your boat and your water toys to this popular and booming area. Lot has not been cleared yet, which is ideal to pick your desired landscaping. Approximately 8 miles to downtown Punta Gorda and I75.