by Global Lifestyle Properties

See Home Value
Punta Gorda 33950
518 MONACO DRIVE
$825,000
● House - Off Market

518 MONACO DRIVE

PUNTA GORDA, FL 33950
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,741 Ft²
$5,031
Est. Monthly
$4
HOA / Fees
2.60%
Cap Rate

About This Property

Waterfront living awaits in this beautifully maintained 3-bedroom plus office, 2-bath pool home with an oversized garage and more than 2,700 sq ft of living space in the highly sought-after community of Burnt Store Isles. Perfectly positioned on intersecting canals, this residence captures breathtaking water views, stunning sunsets, and lush tropical landscaping highlighted by stately Royal, Foxtail, and Christmas palms.

Designed for both elegance and comfort, the open split-bedroom floor plan features vaulted ceilings, skylights, and pocket sliders that seamlessly blend indoor and outdoor living. Recent updates include a new roof (2023), newer appliances, and fresh interior and exterior paint. A stamped concrete circular driveway provides ample parking and easy access, while the welcoming front porch with French doors and etched glass adds timeless curb appeal.

The oversized primary suite offers a private retreat with tray ceilings, dual walk-in closets, and a spa-inspired bath featuring dual vanities, a walk-in shower, soaking tub, and private water closet. Guest accommodations include two bedrooms and a shared bath with convenient pool access.

You'll love spending time outdoors with a covered lanai, heated pool and spa, and a 45-ft concrete dock equipped with electric and water, plus a 10,000 lb boat lift providing direct access to Charlotte Harbor and the Gulf via Alligator Creek (sailboat water). For added peace of mind, the home includes electric roll-down, accordion, and panel shutters for full storm protection.

Ideally located near I-75, Punta Gorda Airport, historic downtown Punta Gorda, Fishermen's Village, and the Yacht Club. Optional membership is available at Twin Isles Golf & Country Club, featuring an 18-hole championship golf course, tennis courts, swimming pool, and a vibrant clubhouse with indoor and outdoor dining plus numerous social activities. Nearby attractions include PicklePlex with 24 pickleball courts, fine dining, and boutique shopping. There's always something happening-from international art exhibits to weekly farmers markets, music festivals, and holiday celebrations. It's truly a lifestyle like no other.

Easy to show-schedule your appointment today and don't miss the virtual and 3D tours!
Unit Size
2,741 Ft²
Days on Market
185 days
Land Size
0.23 acres
Price per sqft
$310
Property Type
House
Property Taxes
$853
HOA Dues
$4
Year Built
2004

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Last updated: 7 months ago (Stellar MLS #D6144104)

Price History

Date / Event Date Event Price
Apr 7, 2026 Sold
Sold
Feb 17, 2026 In contract -
In contract
Jan 29, 2026 Price Decreased $850,000
↓ $15K (1.7%)
Price Decreased
Jan 16, 2026 Price Decreased $865,000
↓ $10K (1.1%)
Price Decreased
Nov 20, 2025 Price Decreased $875,000
↓ $25K (2.8%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 586
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 110
  • Pool Type: 8
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 9,809
  • Total Building Area: 3,327
  • Gross Building Area: 3,613
  • Building Area: 2,741
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,741
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PUNTA GORDA ISLES
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: PUNTA GORDA ISLES SEC15 BLK262 LT41 660/1339 1617/725 4516/229

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 010405

Zoning

  • Zoning: GS-3.5

Geography

  • Assessors Map Reference: 5B20S
  • Account Number: 00952601231102
  • Subdivision Tract Number: PGI
  • Parcel: 412320355005
  • Block: 262
  • Lot: 41
  • Meridian: SEC 20 TWN 41S RNG 23E
  • Latitude: 26.8908
  • Longitude: -82.0383

    Address

  • Full Address: 518 Monaco Dr
  • Address - House Number: 518
  • Address - Street Name: Monaco
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Punta Gorda
  • Carrier Code: R018
  • 4-Digit Zip Code: 7814
  • Zip Code: 33950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,009,854
  • Tax Rate Code Area: 149

    Appraisal Valuation

  • Standard Deviation: 0.2063
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 1,102,008
  • High Value: 1,329,097
  • Low Value: 874,920

    Market Valuation

  • Market Total Value: $806,549
  • Market Land Value: $259,250
  • Market Improvement Value: $547,299

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,009

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2768754
  • Previous Sale Recording Date: Jun 01, 1998
  • Previous Sale Contract Date: May 26, 1998
  • Previous Sale Amount: $56,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Punta Gorda


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Nearby Rentals

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Unit for rent at 255 W End Drive, FL, 33950

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255 W End Drive #2210, FL, 33950 Listing by Andy Lebo
Unit for rent at 3233 Wood Thrush Drive, FL, 33950

$2,900 /mo

  • 2 Beds
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3233 Wood Thrush Drive #24A, FL, 33950 Listing by Libbie Scherer


Frequently Asked Questions

When was property at 518 Monaco Drive built and last sold?
The property at 518 Monaco Drive was built in 2004 and last sold on Dec 13, 2019 for $630,000.
How much is this home worth?
The estimated value of the home located at 518 Monaco Drive is $837,111.
What are some comparable homes to 518 Monaco Drive?
There are currently no comparable homes to 518 Monaco Drive.