2871 CORAL WAY, Punta Gorda, FL, 33950 | $730,000

PGI WATERFRONT HOME W/90FT OF SEAWALL + 60FT DOCK, EXTREMELY QUICK, DEEP SAIL ACCESS & TONS OF UPDATES!! Are you looking for a home w/quick, sailboat access that has been updated & is move-in ready? Look no further! Consider this 3 bed/3 bath, waterfront home in Punta Gorda Isles w/90ft of seawall on a wide canal w/***NEW METAL ROOF***. WESTERN REAR EXPOSURE guarantees some of the best sunset views over your canal view. The home has been renovated w/contemporary updates to the kitchen & bathrooms. During the renovation, NEW plantation shutters, NEW recessed lighting & ceiling fans, NEW outlets & light switches, NEW hardware on doors & custom closets were also added. Inside, the home features a spacious, open floor plan, gourmet kitchen & large lanai/outdoor living area. Kitchen has been beautifully updated w/quartz counters, stainless steel appliances including a convection oven w/induction cooktop plus reverse osmosis water filtration & glass tile back splash. Enjoy prepping meals w/a pool & canal view. Kitchen opens to a large dining area w/plenty of room to entertain friends & family. The home boasts two master suites w/each bedroom having its own bath. The 1st master suite has direct access to the lanai, updated master bath w/dual sinks, oversized walk-in closet & glass-enclosed shower. The 2nd master also offers walk-out access to the lanai, private bath w/shower & walk-in closet. The third bedroom has direct access to the guest bath & ample closet space. The laundry room has full-sized washer/dryer plus a utility sink. Outside, the large lanai offers an in-ground, solar-heated pool surrounded by a NEW pool cage w/panoramic screen frame. Six Seat 40 Jet Hot Tub included in sale will make the evening sunsets perfect. An awning helps keep the shaded area cool as the sun sets directly behind the home. An extended, 60ft concrete dock w/4-motor, 14, 000 lb boat lift is steps from the lanai. More than enough room to keep two boats at the extended dock. Water & electric hook-ups are available dockside. Reach open water in mere minutes from your backyard. Amenities include two hot water heaters, attached 2-car garage, hurricane protection & whole house water softener. Other updates include NEW Ruud A/C (2024), increased insulation (2024), NEW 8" & 10" baseboards throughout (2024) plus NEW exterior paint (2022), NEW carpet in master bedroom (2024) & NEW dock w/concrete pilings (2019). Make an appointment today, you won't be disappointed!

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 90 x 120 x 90 x 120
  • Laundry: Inside, Laundry Room
  • Style: Florida
  • Year Built: 1969
  • Garage: 2-car Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air, Humidity Control
  • Approx Sq. Feet: 2,096
  • Acreage: 0.25
  • Lot Size: 90 x 120 x 90 x 120
  • Est. Taxes: $7,594
  • Lot Desc: FloodZone, City Lot, Near Golf Course
  • View: Water
  • Elem. School: Sallie Jones Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High
  • Pool: Gunite, Heated
  • Pet Policy: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener
  • MLS#: C7504124
  • Days on Market: 54 days
  • Website: https://www.raveis.com
    /prop/C7504124/2871coralway_puntagorda_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/3/2025 6:47:08 PM)
Listing courtesy of RE/MAX HARBOR REALTY   Phone: 941-639-8500

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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2871 CORAL WAY, Punta Gorda, FL, 33950

$730,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $584,000 $584,000 $584,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.995% 7.050% 6.112%
Monthly Tax Payment $633 $633 $633
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,643 $3,836 $4,889
Total Monthly Payment $4,368 $4,561 $5,614

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.