CENTURY 21 Edge
$197,5002 bd2 ba1,077 sqft$183 /sqft$1,972 /mo all-in ↓

1432 MEDITERRANEAN DRIVE UNIT 2B, PUNTA GORDA, FL, 33950

Active79 days on marketListed May 21, 2026MLS #D6147520

Priced 25% below the PUNTA GORDA 33950 medianWaterfrontCondominiumTHREE STAGS

About this home

1432 MEDITERRANEAN DRIVE UNIT 2B

Experience what becomes possible when waterfront living, boating access, and affordability finally come together at 1432 Mediterranean Dr #2B in beautiful Punta Gorda. If you have been waiting for an opportunity to enjoy direct boating access without stretching into the higher price points often found along the coast, this may be the one worth acting on quickly. This second-floor waterfront condo offers quick access to open water and includes a deeded dock where future owners have the ability to add a boat lift, creating the kind of boating lifestyle many buyers search for but rarely find under $200,000. Imagine leaving your dock and cruising through the canals out toward Charlotte Harbor and the waters of the Gulf of Mexico. Whether your ideal day includes fishing for snook, redfish, and tarpon, heading out for waterfront dining, sunset cruises, island hopping, or simply spending more time on the water with family and friends, this location makes it easy to say yes to the Florida lifestyle buyers dream about. The boating access and waterfront setting create the kind of everyday experience that continues to draw buyers to Punta Gorda year after year. Inside, the condo offers comfortable and functional living space with an oversized primary suite large enough for a king bedroom set and additional furnishings. The kitchen has already been updated with newer cabinetry and granite countertops, while the 2022 roof adds additional peace of mind for future owners. The enclosed storage space on the lanai gives you extra room for boating gear, fishing equipment, beach essentials, or seasonal items many waterfront owners appreciate having nearby. The location places you just minutes from some of Southwest Florida’s most desirable destinations including Fishermen's Village and Downtown Punta Gorda, where waterfront restaurants, boutique shopping, live entertainment, marinas, parks, and community events create an atmosphere people travel here to experience. Nearby boating destinations include Burnt Store Marina, Boca Grande, and the barrier islands along the Gulf Coast. For travel and convenience, the property offers easy access to US Highway 41, Interstate 75, and nearby airports including Punta Gorda Airport and Southwest Florida International Airport. Area beaches such as Englewood Beach, Boca Grande Beach, and Blind Pass Beach are all within reach for day trips along the coast. Nearby medical facilities include Bayfront Health Punta Gorda and Fawcett Memorial Hospital. Zoned for area schools including Sallie Jones Elementary School, Punta Gorda Middle School, and Charlotte High School. Opportunities to secure affordable waterfront condos with deeded dock potential in Punta Gorda continue to become harder to find. The question is not whether waterfront living sounds appealing — it is whether you want to be the one enjoying it before someone else does.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,077

Sqft

0.03 ac

Lot size

1981

Year built

Two

Levels

$183

Per sqft

WaterfrontPets allowed

Inside

FlooringCeramic Tile
AppliancesDishwasher · Electric Water Heater · Microwave · Range · Refrigerator · Washer
InteriorLiving Room/Dining Room Combo · Open Floorplan · Solid Wood Cabinets · Stone Counters
LaundryNone
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofShingle
ConstructionBlock · Stucco
FoundationSlab
FacesEast
ParkingAssigned
ExteriorLighting

Community & fees

HOA fee$485/mo
Taxes (2025)$929/yr
PetsYes
CommunityCommunity Mailbox

Utilities & systems

UtilitiesBB/HS Internet Available · Electricity Connected · Public · Water Connected
WaterPublic

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.

$1,972 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,163
FHA mortgage insurance (est.)$87
Property tax — 2025 actual bill$77
Condo fee — from the listing$485
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $6,913Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $6,913
Interest rate6.00%
Loan term

Estimated payment

$1,972/mo

Principal & interest$1,163
FHA mortgage insurance (est.)$87
Property taxes (actual bill)$77
HOA / condo fee$485
Est. insurance$160

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.

List $198K
$174KedgeAI estimate $211,106 · range $182K$227K$236K

vs edgeAI estimate

−6.4%

$/sqft vs Punta Gorda actives

$183 vs $207

Days on market

79 vs 61 typical

Where $183/sqft sits among the 400 Punta Gorda actives

114
128 · this home
61
50
18
29
$120–173$173–226$226–279$279–332$332–385$385+

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

Map of 1432 MEDITERRANEAN DRIVE UNIT 2B

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

ElementarySallie Jones Elementary School★★★★
HighCharlotte High School★★★★★
MiddlePunta Gorda Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Punta Gorda market

Seller’s marketLeans seller4.7 months of inventoryBuyer’s market

$345K$330K

Punta Gorda median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

195 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 25% below the PUNTA GORDA 33950 median. See the full Punta Gorda market guide →

Paper trail

This home's history

May 21, 2026Listed at $197,500 · 79 days on market since
1981Built · THREE STAGS

Reality check

What actually sold near 1432 MEDITERRANEAN DRIVE UNIT 2B

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1432 MEDITERRANEAN DRIVE UNIT 2ASold · Nov ’25

$270,000

1432 MEDITERRANEAN DRIVE UNIT 2A · same community

2 bd · 2 ba · 1,077 sqft · $251/sqft · 99 DOM

3920 BAL HARBOR BOULEVARD UNIT B1Sold · Feb ’26

$245,000

3920 BAL HARBOR BOULEVARD UNIT B1

2 bd · 2 ba · 1,183 sqft · $207/sqft · 55 DOM

3920 BAL HARBOR BOULEVARD UNIT E1Sold · Oct ’25

$255,000

3920 BAL HARBOR BOULEVARD UNIT E1

2 bd · 2 ba · 1,183 sqft · $216/sqft · 228 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.

Kamilla Pagotto

Your agent

Kamilla Pagotto

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 1432 MEDITERRANEAN DRIVE UNIT 2B — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1432 MEDITERRANEAN DRIVE UNIT 2B — before you fall in love.

See it in person

Schedule a tour

Live availability from Kamilla's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

1432 MEDITERRANEAN DRIVE UNIT 2B FAQs

What would the monthly payment be for 1432 MEDITERRANEAN DRIVE UNIT 2B?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,972/mo — principal and interest, the actual property-tax bill, the $485/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 1432 MEDITERRANEAN DRIVE UNIT 2B?+

The association fee works out to $485 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 1432 MEDITERRANEAN DRIVE UNIT 2B?+

The most recent tax bill on record (2025) was $929. 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 1432 MEDITERRANEAN DRIVE UNIT 2B?+

The listing reports pets: Yes. 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 $197,500, this home is listed about 42% below the Punta Gorda median of $339,900. The market section on this page shows how the area is trending.

Which schools are assigned to 1432 MEDITERRANEAN DRIVE UNIT 2B?+

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

Three things that matter here

01Under the PUNTA GORDA 33950 market on paper

$197,500 is 25% below the PUNTA GORDA 33950 median of $265,000, and at $183/sqft it sits under the Punta Gorda average of $229.

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.

Listing courtesy of CENTURY 21 SUNBELT REALTY · Jayson Burtch. MLS #D6147520.

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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1432 MEDITERRANEAN DRIVE UNIT 2B, PUNTA GORDA, FL — 2 Bed, 2 Bath — $197,500 | CENTURY 21 Edge