tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,586

1323 Mediterranean Dr Unit 111, Punta Gorda, FL 33950

1323 Mediterranean Dr Unit 111

Punta Gorda, FL 33950

  • 7 days on market
This stunning condo, is a boaters paradise. Located in the highly sought-after Punta Gorda Isles, it offers a perfect combination of luxury, comfort, and waterfront living. This single story condo offers 3 bedrooms, 2 full bathrooms, a private lanai, and a deeded boat dock with a 10,000 lb. boat lift. This spacious ground-floor unit is a true find with low HOA fees. Upon entering, you’re greeted by an open-concept living area with 10 foot ceilings and crown molding. The large sliding impact doors allow natural light to illuminate the space, offering picturesque views of the canal. The home is finished with 20-inch diamond-set ceramic tile throughout the living and kitchen areas, creating a bright and inviting atmosphere. The well appointed kitchen is designed for both style and practicality, with granite countertops, custom wood cabinetry, a breakfast bar, and stainless steel appliances. The oversized primary suite featuring crown molding and tray ceiling, is a peaceful retreat with private access to the lanai, a walk-in closet, an en-suite bath with a jetted tub, walk-in shower, and dual vanities. Two guest bedrooms, located on the opposite side of the home, share a full bath, and one bedroom features lanai access, making it ideal for visitors. The private lanai overlooks the canal, which is the perfect spot to relax. The heated pool, cabana, and grilling area are just steps away, making outdoor entertainment easy. The deeded boat dock is conveniently located directly behind the unit, providing easy access to your boat. A short 12 minute canal ride gets you to Charlotte Harbor and then on to to the Gulf of Mexico. The dock is equipped with water, electricity and a remote controlled boat lift for added convenience. The building has a new metal roof that was installed in 2023. Additional features include a 1-car attached garage with ample storage space, including a work bench and upper shelving. The low-maintenance lifestyle and prime location make this condo an exceptional opportunity for anyone seeking waterfront living. Conveniently located close to downtown Punta Gorda, filled with dining, shopping, parks, entertainment and events. Additionally, its elevated lot has provided exceptional protection against any flooding, even during recent storm surges. Schedule your private showing today and experience all that this Gulf-access condo has to offer!

Details

Property type

Condominium

Est. home value

$477,901

Lot size

Unknown

Price per sq ft

$268

Year built

2006

Annual property taxes

$5,265.26

HOA

No

Price History

01/15/2025

FGCMLS #225005723

Listed
$425,000
+6.28%
09/02/2021
StellarMLS

StellarMLS #A4505727

Sold
$399,900
+303.94%
01/13/2010
StellarMLS

StellarMLS #C7007708

Sold
$99,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

10

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$45,071
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$345,929
Cash to seller
$45,071

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2021

Original loan amount

$373,350

Est. remaining balance

$345,929

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Michael E Kveberg and Kathryn S Kveberg

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 5:00 PM

Listing updated: 01/20/2025 at 8:15 PM

Listed by: Brian Solt, Premiere Plus Realty Company Phone #: (239) 206-2777

MLS: FGCMLS #225005723

FGCMLS logo

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