
1433 MEDITERRANEAN DRIVE UNIT E, PUNTA GORDA, FL, 33950
Active142 days on marketListed Mar 4, 2026MLS #C7522654
About this home
1433 MEDITERRANEAN DRIVE UNIT E
PRICE ADJUSTMENT- motivated Seller! Rare opportunity to own this 2 story, townhome style-completely updated condominium with intersecting canal- water views in Punta Gorda Isles! This charming two-bedroom, 2½-bath condominium offers the perfect blend of comfort, convenience, and coastal beauty. Downstairs, the home opens to a bright and inviting great room and dining room combination, complemented by an updated kitchen (2022) designed for both functionality and style with granite counters, updated lighting and newer solid wood cabinets as well as newer appliances! A half bath and laundry facility is also located in the lower floor. One of the most unique features of this property is the screened lanais (both up and downstairs) with full glass sliders and protective coverings toward the outside. Close them to protect from the elements and extend your air-conditioned living space, or slide them open to invite in the cool Florida breezes. Whether open or enclosed, you simply can’t beat the stunning water views from the lanais and the additional 350 sq.ft. of living space this creates. Upstairs, you’ll find two spacious bedrooms, each offering comfort and privacy. The primary suite features its own private bath with a fully tiled walk in shower (updated 2024) and access to a screened lanai/balcony with sliding glass doors—an ideal retreat to enjoy peaceful water views with your morning coffee. The guest bedroom also enjoys a separate private bathroom and screened lanai, perfect for visitors. An interior storage area upstairs adds everyday convenience. Additionally the upstairs has outdoor egress for convenience and safety. The property also includes a deeded dock—perfect for boating enthusiasts, sunset cruises, or relaxing evenings by the water with your favorite beverage. Ideally located just minutes from historic downtown Punta Gorda, you’ll enjoy easy access to unique shops and restaurants, as well as the waterfront charm of Fishermen's Village. The nearby Punta Gorda Airport, offering service to many major cities, is only about 15 minutes away—making travel exceptionally convenient. Nestled along the shores of Charlotte Harbor, the City of Punta Gorda is a thriving small city known for its scenic waterfronts, boating lifestyle, and welcoming community atmosphere. This home offers not only a beautiful place to live, but an opportunity to fully embrace Southwest Florida’s relaxed, coastal way of life.
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,350
Sqft
0.02 ac
Lot size
1981
Year built
Two
Levels
$222
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,998 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,998/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Punta Gorda actives
$222 vs $208
Days on market
142 vs 59 typical
Where $222/sqft sits among the 400 Punta Gorda actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Punta Gorda
Get to know Punta Gorda. See the full Punta Gorda guide →
PUNTA GORDA 33950 — neighborhood snapshot
Population
24,492
Median age
64.6
Median income
$74,484
Median home value
$393,500
Avg household
1.98
Households w/ children
1,614
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Punta Gorda market
$345K → $345K
Punta Gorda median sold, yr/yr
95.0%
Sale-to-list ratio (12 mo)
180 of 400
Punta Gorda actives have cut their price
Median sold price, Punta Gorda, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 9% above the PUNTA GORDA 33950 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 1433 MEDITERRANEAN DRIVE UNIT E
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$225,000
1423 MEDITERRANEAN DRIVE UNIT C · same community
2 bd · 2 ba · 1,089 sqft · $207/sqft · 1 DOM
Sold · Apr ’26$252,500
1439 MEDITERRANEAN DRIVE UNIT C · same community
2 bd · 2 ba · 1,089 sqft · $232/sqft · 794 DOM
Sold · Aug ’25$190,000
1423 MEDITERRANEAN DRIVE UNIT C · same community
2 bd · 2 ba · 1,089 sqft · $174/sqft · 120 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Your agent
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1433 MEDITERRANEAN DRIVE UNIT E — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1433 MEDITERRANEAN DRIVE UNIT E — before you fall in love.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1433 MEDITERRANEAN DRIVE UNIT E FAQs
What would the monthly payment be for 1433 MEDITERRANEAN DRIVE UNIT E?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,998/mo — principal and interest, the actual property-tax bill, the $635/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1433 MEDITERRANEAN DRIVE UNIT E?+
The association fee works out to $635 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1433 MEDITERRANEAN DRIVE UNIT E?+
The most recent tax bill on record (2025) was $3,653. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1433 MEDITERRANEAN DRIVE UNIT E?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Punta Gorda?+
At $299,900, this home is listed about 13% below the Punta Gorda median of $344,849. The market section on this page shows how the area is trending.
Which schools are assigned to 1433 MEDITERRANEAN DRIVE UNIT E?+
Punta Gorda Middle School (middle), Charlotte High School (high), East Elementary School (elementary) — Charlotte County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
02Know the monthly fee
The association fee is $635/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
03Time on market is leverage
142 days on market against a Punta Gorda median of 59 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $329,000, now $299,900 — a $29K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER SUNSTAR REALTY · Ruth Sines. MLS #C7522654.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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