2871 CORAL WAY, PUNTA GORDA, FL, 33950
Active30 days on marketListed Aug 21, 2026MLS #C7529864
About this home
2871 CORAL WAY
ANNUAL Rental in PGI 3/3/2 WATERFRONT Canal, Available NOW - located in a high demand area. This renovated luxurious home has a popular SPLIT FLOORPLAN (great for visitors), with heated POOL and with 6 SEATER HOT-TUB for those cooler winter days. Presented at $3400 rent/month and $3000 sec dep. This (Punta Gorda Isles) home is beautiful bright and open floor plan w/expansive living room & adjacent dining area. The kitchen has extra cabinetry, beautiful quartz countertops, newer stainless kitchen appliances. This home has TWO primary suites with updated baths, NO CARPET, plantation shutters on windows, ceiling fans, newer central air, huge closets, your guests will love the 2 and 3rd bedroom/office with extra bath. The great room and the outdoor lanai take full advantage of the view and it has an extra awning for sun protection. The many patio doors reveal the large screen lanai which opens the space to the outdoors for full FL indoor/outdoor expanded living experience. Enjoy watching the dolphins and wild birds behind the home throughout the day. Other amenities include laundry room with washer and dryer hookups, 2 car attached garage, Paddleboard, Kayak, right from the house as you are just minutes to Charlotte Harbor! Enjoy the nearby shores of Charlotte Harbor with its spectacular sunset views, 54 miles of deep-water canals, nature-filled sanctuaries, incredible boating, sailing and fishing, a fabulous Downtown quaint Punta Gorda with its' variety of restaurants and shopping, several golf courses, the Pickle Plex and easy access to US-41 and I-75. It's home to many events including a Saturday Farmer's Market, wine walks, art fairs, boat tours, convenient to the Punta Gorda airport, and has 18 miles of bike and pedestrian trails connecting the city, LAWNCARE and POOL CARE INCLUDED!
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,096
Sqft
0.25 ac
Lot size
2
Garage
1969
Year built
One
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$185 /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
$185/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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
$2 vs $203
Days on market
30 vs 63 typical
Where $2/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 Isles
Get to know Punta Gorda. See the full Punta Gorda guide →
Punta Gorda Isles — neighborhood snapshot
Population
10,031
Median age
68
Median income
$97,109
Median home value
$574,467
Avg household
2
Households w/ children
287
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 → $330K
Punta Gorda median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
223 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 99% below the PUNTA GORDA 33950 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 2871 CORAL WAY
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$645,000
2868 CORAL WAY · same community
3 bd · 2 ba · 2,096 sqft · $308/sqft · 56 DOM
Sold · Mar ’26$544,000
80 HIBISCUS DRIVE · same community
3 bd · 2 ba · 2,139 sqft · $254/sqft · 293 DOM
Sold · Mar ’26$625,000
2807 CORAL WAY · same community
3 bd · 3 ba · 2,150 sqft · $291/sqft · 239 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
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 2871 CORAL WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2871 CORAL WAY — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
2871 CORAL WAY FAQs
What would the monthly payment be for 2871 CORAL WAY?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $185/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 2871 CORAL WAY?+
The listing reports pets: No. 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 $3,400, this home is listed about 99% below the Punta Gorda median of $339,094. The market section on this page shows how the area is trending.
Which schools are assigned to 2871 CORAL WAY?+
Sallie Jones Elementary School (elementary), Charlotte High School (high), Punta Gorda Middle School (middle) — Charlotte County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the PUNTA GORDA 33950 market on paper
$3,400 is 99% below the PUNTA GORDA 33950 median of $269,950, and at $2/sqft it sits under the Punta Gorda average of $230.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Sallie Jones Elementary School, Charlotte High School, Punta Gorda Middle School — Sallie Jones Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $3,500, now $3,400 — a $100 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of FIVE STAR REALTY OF CHARLOTTE · Libbie Scherer. MLS #C7529864.
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.
Never miss a listing
New Punta Gorda homes, in your inbox
Like 2871 CORAL WAY but not quite? A daily digest of every new listing in Punta Gorda — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Anthony to ping you on any price or status change →