The 6-foot-6, 200-pound Peete picked the Cardinals over Florida State, becoming the 25th commitment in the class for U of L. He will sign on Wednesday.
"I feel like there's something special that coach (Bobby) Petrino has planned for the guys at Louisville in these next four years," Peete said.
Peete helped St. Thomas Aquinas to the school's eighth state title this past season, 21 passes for 388 yards and five TDs. Several newspapers in the South Florida area refer to him as a member of the "area's most talented receiving corps."
As a junior, Peete caught 17 passes for 387 yards and 10 TDs. He was used as a wide receiver and also some as a tight end.
Peete said U of L assistant coach Lamar Thomas - the Cardinals' wide receiver coach and his main recruiter - was "really big" in his decision making.
"His first impression stuck with me in the beginning," Peete said.
Peete said he's working hard in the classroom and wants to be on campus as early as he can because of the playing time available with the Cardinals.
"I can't wait," he said.