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$167,000

1423 MEDITERRANEAN DRIVE UNIT B, PUNTA GORDA, FL 33950

Active6 days on market

Beds

2

Baths

2

Sq Ft

1,089 sq ft

Year Built

1981

Lot Size

0.03 acres

Garage

0

About This Property

Virtually Staged. Open the door and step onto your 23-foot screened, tiled lanai. Your boat is just 25 feet away, waiting at your private, deeded concrete dock. No stairs, no hauling gear through a lobby, just easy waterfront living in deed-restricted Punta Gorda Isles. Enjoy direct boating access through the saltwater canal to Charlotte Harbor and the Gulf, with opportunities to fish for tarpon, snook, and redfish or spot dolphins along the way. A spacious storage closet on the lanai keeps your fishing gear and boating essentials close at hand. Inside, this condo features a desirable split-bedroom floor plan, with bedrooms on opposite sides of the living area for added privacy. Two sets of wide sliding glass doors connect the living room to the lanai, while the kitchen and primary bedroom serves up serene canal views. The primary suite includes private lanai access, two built-in closets, and an en-suite bath with a walk-in shower. The guest bedroom also features two built-in closets and convenient access to the guest bath with tub and shower. An in-unit washer and dryer and a hallway linen closet add everyday convenience. Facing south, the lanai enjoys abundant natural light throughout the afternoon, followed by beautiful sunsets and evening skies reflected over the water. The building is tucked at the end of a cul-de-sac, with the heated community pool just steps away—approximately 40 feet from your front door. Enjoy low-maintenance living, with the association fee covering water, sewer, lawn care, and pool maintenance. Major exterior updates include a new metal roof and fresh exterior paint, both completed in 2024. Two assigned parking spaces and electric roll-down shutters protecting the lanai and guest bedroom provide added convenience and peace of mind. Ready for your personal touch, this condo offers the opportunity to update the paint, flooring, and lighting to suit your style. The waterfront setting and boating lifestyle are already here! Conveniently located just 1.6 miles from Fishermen’s Village, 2 miles from downtown Punta Gorda, and less than 10 minutes from Punta Gorda Airport (PGD), you’ll enjoy easy access to shopping, dining, entertainment, and travel. If you’ve been searching for a first-floor waterfront condo with a private dock and direct Gulf access, this is your opportunity. Come see the view—and imagine the possibilities!

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4710897
StatusActive
Year Built1981
Stories2
Total Rooms6
ConstructionBlock, Stucco
RoofMetal
FoundationSlab
FacesSouth
SubdivisionMEDITERRANEAN COURT
CountyCharlotte
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Split Bedroom, Thermostat
FlooringCarpet, Ceramic Tile
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
LaundryInside
WindowsBlinds, Drapes
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorHurricane Shutters, Irrigation System, Private Mailbox, Sliding Doors
Lot Size0.03 acres (1,292 sq ft)
Road SurfacePaved
ViewWater

Pool & Spa

Private PoolNo
SpaIn Ground

Waterfront

WaterfrontYes
FeaturesCanal - Saltwater

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$167,000
Annual Taxes$1,190 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningGM-15
Parcel #412213627009

Directions

Turn off on Magdalena on Shreve street, turn right on Tripoli and first left is Mediterranean. Follow around the corner, building is on the right, first ground floor as you approach the building. 2 parking spaces in front use the assigned right ones.

Location

1423 MEDITERRANEAN DRIVE UNIT B, PUNTA GORDA, FL 33950

Listing Information

OfficeLPT REALTY, LLC
ListedOctober 28, 2026

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Home Price

$167,000

20% ($33,400)
6.75%

Loan Term

Principal & Interest$867
Property Tax (est.)$153
Insurance (est.)$150
Total Monthly$1,170
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How to Buy This Home

Multiple financing options available for this $167,000 home in PUNTA GORDA.

🏛️

FHA Loan

$5,845 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$8,350 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: November 3, 2026.

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