Fractional Ownership. Waterfront lot on the Pellum Waterway, freshwater canal, in an X flood zone (NO flood insurance is required)! The property is located in a Non deed restricted, nice neighborhood in Port Charlotte. Near shopping and restaurants in Port Charlotte and North Port; just a short ride to Punta Gorda, Englewood and Venice. Close to state and local parks, Charlotte Harbor, Myakka River and Peace River, you can enjoy water activities, boating, fishing, beaches, beautiful sunsets, walking and bike paths, small town festivities are always happening in and around the area. SWFL has so much to offer! Check out this lot to build you dream home or to invest in the future. I would be happy to share local builders with you to help make your dream come true! Please use Google maps for correct directions. The lot is just south of Medford Ave. on Prineville. Look for the Five Star Realty sign.