2942 MAGDALINA DRIVE, PUNTA GORDA, FL, 33950
Active35 days on marketListed Jul 6, 2026MLS #S5152394
About this home
2942 MAGDALINA DRIVE
Build your dream home on this oversized residential homesite of over a quarter acre located in the highly desirable Punta Gorda Isles community. This premium lot offers ample space for a custom home, private pool, and spacious garage, making it the perfect place to enjoy the Southwest Florida lifestyle. Punta Gorda Isles is a deed-restricted waterfront community renowned for its boating lifestyle, beautiful surroundings, and well-maintained neighborhoods. Ideally located less than 5 minutes from the iconic Fishermen’s Village, this property also offers convenient access to historic downtown Punta Gorda, Charlotte Harbor, waterfront parks, marinas, golf courses, restaurants, boutique shopping, and year-round entertainment. Whether you’re looking to build your forever home, a seasonal retreat, or an investment property, this exceptional homesite offers an outstanding location and endless possibilities. Residents have access to nearby golf courses, social clubs, walking and biking paths, and some of the area’s best boating and fishing opportunities. With easy access to Punta Gorda Airport, I-75, and Florida’s Gulf Coast beaches, this is an excellent opportunity to secure a homesite in one of Southwest Florida’s most sought-after communities. Don’t miss your chance to build the home you’ve always envisioned in beautiful Punta Gorda Isles.
Facts & features
The home at a glance
0.25 ac
Lot size
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 — not generic estimates.
$1,001 /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
$1,001/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.
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)
Median sold price, Punta Gorda, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 55% 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 2942 MAGDALINA DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$355,000
2935 MAGDALINA DRIVE · same community
3 bd · 2 ba · 1,441 sqft · $246/sqft · 25 DOM
Sold · Mar ’26$400,000
3019 GUADALUPE DRIVE · same community
2 bd · 2 ba · 1,510 sqft · $265/sqft · 132 DOM
Sold · Nov ’25$430,000
931 JUNO DRIVE · same community
3 bd · 2 ba · 1,520 sqft · $283/sqft · 186 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
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 2942 MAGDALINA DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2942 MAGDALINA DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
2942 MAGDALINA DRIVE FAQs
What would the monthly payment be for 2942 MAGDALINA DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,001/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 2942 MAGDALINA DRIVE?+
The most recent tax bill on record (2025) was $977. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Punta Gorda?+
At $120,000, this home is listed about 65% 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 2942 MAGDALINA DRIVE?+
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
$120,000 is 55% below the PUNTA GORDA 33950 median of $265,000.
02Strong 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.
03The price has already moved
Listed at $129,900, now $120,000 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of EMPIRE NETWORK REALTY. MLS #S5152394.
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 2942 MAGDALINA DRIVE 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 Lacie to ping you on any price or status change →