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$169,900
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Property Description
RARE WATERFRONT LOT IN "BY THE SEA" COMMUNITY. BOATER'S PARADISE WITH ZERO BRIDGES: Bring your blueprints and your boat! This premium vacant lot offers 75 feet of prime waterfront already equipped with a sturdy rip-rap seawall and wood dock. Nestled in a unique, private community offering a charming mix of custom stucco homes and pristine, well-groomed manufactured homes, this property gives you the ultimate flexibility to build your dream lifestyle at an unbeatable price. Boating enthusiasts will love the true sailboat water with absolutely no bridge restrictions. Navigate quickly through Buckley Pass to find yourself in open water in just 5 to 7 minutes. By Water: Cruise up Alligator Creek for a casual bite at the Riviera Tiki Bar and Grill, or take a short boat ride to the iconic Fishermen's Village to explore boutique shops, diverse restaurants, and the world-class Military Heritage Museum. By Land: You are just a few minutes' drive from historic downtown Punta Gorda. Enjoy a vibrant local dining scene, weekend farmers markets, boutique shopping, and miles of serene, harbor-front parks. Whether you want to build a custom coastal home, design a private pool oasis, or just launch your kayaks right from your backyard, this location delivers the perfect blend of high-energy adventure and laid-back Florida relaxation. Invest now at today's price and dream until you choose to retire or buy today and build this year! Opportunities in this location at this price point are incredibly rare-schedule your viewing today and start living the salt life tomorrow!
Full Property Details
Full Property Details for 5439 River Bay Dr
General
- Price: $169,900
- HOA FEE: $17/month
- HOA FEE FREQ.: Annually
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026029979
- Updated: 7/16/2026
- Added to Site: 8 day(s) ago
Additional Information
- Shared Amenities: Boating, Non-Gated, Mandatory HOA
Exterior
- Exterior Features: Dock
Location
- Area: CH01 - Charlotte County
- County: Charlotte
- Subdivision: BY THE SEA CONDO
- Building Name: BY THE SEA CONDO
- Driving Directions: From Punta Gorda: Take Tamiami Trail - 41 South to Rio Villa and turn right. Turn left on Almar, Go straight on Almar until you see River Bay Dr. Go to entrance of "By The Sea" development. No gate.
- Direction Faces: Southeast
Community
- Association: Yes
- Assoc. Fees Include: None
- Management Type: Professional
Utilities
- Sewer: Central
- Water: Central
- Utility Description: Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 75 x 75 x 102 x 102
- Frontage: Dead End, Public Road
- Frontage Feet: 75
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Dead End, Regular, Cleared
- Trees/Vegetation: Grassed
- Lot Description: Dead End, Regular, Cleared
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: No Bridge(s)/Water Direct, Canal Front, Rip-Rap, Seawall
- Canal Width: Canal Width 31-80
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Acre: $943,888
- Association Fee: $200
- Assoc Fee Freq.: Annually
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: BTS 001 0000 0005 BY THE SEA PHASE I LOT 5 969/425 PR94-194 1362/1486 CD1376/736 1838/667 1838/669 ODN2666/2002 3678/1166 4228/180
- Property ID: 412224482009
- Section: 24
- Lot Number: 5
Listed by KW Peace River Partners
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Schools
Schools serving 5439 River Bay Dr
School District:Charlotte County School District
| Name | Grades | Distance |
|---|---|---|
Sallie Jones Elementary School 1230 Narranja Street, Punta Gorda, FL 33950 | PK-5 | 2.8 mi |
Punta Gorda Middle School 1001 Education Avenue, Punta Gorda, FL 33950 | 6-8 | 3.1 mi |
Charlotte High School 1250 Cooper Street, Punta Gorda, FL 33950 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5439 River Bay Dr
Date
Details
Price
Change
Source
7/16/2026
Listed
$169,900
25.85%
MLS
8/09/2017
Sold
$135,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5439 River Bay Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,865
7%
$139,267
71%
2024
$1,745
6%
$81,446
10%
2023
$1,643
12%
$74,042
-32%
2022
$1,461
29%
$109,234
79%
2021
$1,129
-7%
$61,192
-9%
2019
$1,211
15%
$67,053
10%
2018
$1,057
8%
$60,957
—
2017
$982
7%
$60,707
11%
2016
$914
14%
$54,918
28%
2015
$803
3%
$43,027
5%
2014
$778
10%
$40,990
10%
2013
$708
—
$37,264
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5439 River Bay Dr
5439 River Bay Dr, Punta Gorda, FL 33950 (MLS# 2026029979) is a Residential Lots property with a lot size of 0.18 acres. 5439 River Bay Dr is currently listed for $169,900 and was received on July 16, 2026. Want to learn more about 5439 River Bay Dr? Do you have questions about finding other Residential Lots real estate for sale in Punta Gorda? You can browse all Punta Gorda real estate or contact a Coldwell Banker agent to request more information.

