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1443 MEDITERRANEAN DRIVE
About This Property
This is one of the best-priced Gulf-access waterfront lots available in Punta Gorda Isles-offering tremendous potential for developers, builders, and end-users alike. Whether you're envisioning a multi-family project, luxury duplex, boutique condo building, or a custom single-family estate home, this property delivers the location, zoning, and water access you are looking for.
With 105 feet of sparking waterfront, this cul da sac lot is .24 acres and dimensions are 95' x 97' x 105' x 120' offering a rare combination of a CONCRETE seawall, wide-basin water views, and desirable Northern rear exposure featuring spectacular sunrise and sunset views. The neighboring lot is also available, offering even more development potential. See MLS A4591943
Enjoy direct Gulf access with just one bridge to Charlotte Harbor-your boating, fishing, and waterfront lifestyle awaits. The city-maintained seawall is ready for your future boat docks, and the wide canal makes navigating and turning your boat a breeze.
Punta Gorda Isles is one of SW Florida's premier boating communities, known for its beautiful waterfront homes, deep canals, and easy access to the Gulf and Charlotte Harbor. All of Punta Gorda's top amenities are minutes away-waterfront parks, golf, the Yacht Club, boutique shopping, dining, entertainment, farmers markets, and the vibrant downtown scene.
Whether you're a builder, investor, or future homeowner, this property delivers exceptional value and unlimited potential in one of Punta Gorda's most sought-after neighborhoods. Come experience why Punta Gorda Isles is truly a Southwest Florida paradise.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by ALLISON JAMES ESTATES & HOMES | $245,000 | |
| Listed by ALLISON JAMES ESTATES & HOMES | |||
| Aug 19, 2024 | Price Decreased |
$250,000
↓ $60K
(19.4%) | |
| Price Decreased | |||
| Mar 28, 2024 | Listed | $310,000 | |
| Listed | |||
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Build your dream home on this DIRECT GULF access beautiful cul-de-sac waterfront lot located in the desirable community of Punta Gorda Isles in Punta Gorda, FL. Situated on a spacious lot size of 10,292 sq.ft., on a quiet cul-de-sac, this property provides ample space to design and build the home you've always envisioned. The prime waterfront location is located on a wide canal with 105 ft of CONCRETE seawall maintained by the City of Punta Gorda and allows for the possibility of adding a private dock, providing convenient access to boating and water activities right from your backyard with Charlotte Harbor only 1 bridge and short boat ride away. This property is zoned GM-15 completely cleared and ready to build. Whether you're looking to build a vacation retreat, retirement home, investment property, or permanent residence, this property provides a blank canvas to bring your vision to life. A custom floor plan sized to the lot is also available for use. Lot Size Dimensions: 96x98x105x120. City water and sewer available. In addition to the waterfront location, this property is located in a serene and peaceful neighborhood that offers a true sense of community. Punta Gorda is known for its charming downtown area, vibrant arts and culture scene, and abundance of outdoor recreational opportunities. From fishing and boating to golfing and hiking, there are endless ways to enjoy the beautiful Florida weather and surroundings. Take advantage of this rare opportunity to build your dream home in one of Florida's most sought-after communities. With 0 stories and a prime location on the water, this property is a gem waiting to be discovered. Don't wait – start planning your waterfront paradise today at 1443 Mediterranean Dr, Punta Gorda, FL.
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| Sep 8, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017