1 COLONY POINT DRIVE UNIT 5C, PUNTA GORDA, FL, 33950
Active1075 days on marketListed Aug 26, 2023MLS #C7479984
About this home
1 COLONY POINT DRIVE UNIT 5C
PUNTA GORDA ISLES WATERFRONT — PRICE DROP ALERT:Same Amazing Waterfront Views with a Price you can't ignore! Wake up to sweeping water views in this 2-bedroom, 2-bath waterfront condo ideally located in Punta Gorda Isles, where Charlotte Harbor and the Peace River create a stunning, ever-changing backdrop. From sunrise to sunset, dolphins, boat traffic, and shimmering water set the tone for true Florida living. The open-concept living and dining area is framed by floor-to-ceiling windows, flooding the space with natural light and delivering uninterrupted panoramic views. Whether entertaining or enjoying a quiet afternoon, this living space is designed to showcase the scenery. The dining area, complete with table and chairs, offers front-row water views that elevate every meal. The kitchen is functional and ready for transformation—imagine stainless steel appliances, quartz or granite countertops, refreshed cabinetry, and an opened wall to fully connect the space to the spectacular views. The primary suite is a true waterfront retreat, offering serene water views, plenty of closet space, and private access to the en-suite bath featuring a completely renovated step-in shower. Wake up to gentle water sounds and stunning sunrise views over the harbor and river. The guest bedroom is equally inviting and conveniently located next to the second full bath, which also serves the main living area. Step into the glass-enclosed Florida room, the perfect spot for morning coffee or simply soaking in the peaceful waterfront atmosphere. Residents enjoy access to a waterfront swimming pool and beautifully maintained grounds. This prime location offers quick access to Ponce de Leon Park with boat ramp and fishing pier, Fishermen’s Village for dining and shopping, the Visual Arts Center with rotating exhibits and classes, and all that charming “Punta Gorgeous” has to offer. Milestone Report completed, renovations made and satisfactory. Exceptional value for waterfront living PLEASE ENJOY THE 3D INTERACTIVE VIRTUAL TOUR
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,751
Sqft
1972
Year built
One
Levels
$171
Per sqft
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 and the real association fee — not generic estimates.
$3,343 /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
$3,343/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.
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.
vs edgeAI estimate
−19%
$/sqft vs Punta Gorda actives
$171 vs $208
Days on market
1075 vs 60 typical
Where $171/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 → $345K
Punta Gorda median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
189 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 12% above the PUNTA GORDA 33950 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 1 COLONY POINT DRIVE UNIT 5C
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$306,700
1 COLONY POINT DRIVE UNIT A20 · same community
2 bd · 2 ba · 1,751 sqft · $175/sqft · 46 DOM
Sold · Apr ’26$419,000
1 COLONY POINT DRIVE UNIT 7C · same community
2 bd · 2 ba · 1,751 sqft · $239/sqft · 22 DOM
Sold · Apr ’26$370,000
1 COLONY POINT DRIVE UNIT 16C · same community
2 bd · 2 ba · 1,751 sqft · $211/sqft · 30 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
Nicholas Giaccone
Director of Agent Success · CENTURY 21 Edge
Tours, negotiation, and every question about 1 COLONY POINT DRIVE UNIT 5C — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1 COLONY POINT DRIVE UNIT 5C — before you fall in love.
See it in person
Schedule a tour
Live availability from Nicholas's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1 COLONY POINT DRIVE UNIT 5C FAQs
What would the monthly payment be for 1 COLONY POINT DRIVE UNIT 5C?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,343/mo — principal and interest, the actual property-tax bill, the $868/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 1 COLONY POINT DRIVE UNIT 5C?+
The association fee works out to $868 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1 COLONY POINT DRIVE UNIT 5C?+
The most recent tax bill on record (2025) was $5,075. 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 1 COLONY POINT DRIVE UNIT 5C?+
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 $299,000, this home is listed about 12% below the Punta Gorda median of $341,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1 COLONY POINT DRIVE UNIT 5C?+
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
Five things that matter here
01Positioned at the premium end
$299,000 runs 12% above the PUNTA GORDA 33950 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $868/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
1075 days on market against a Punta Gorda median of 60 — sellers in this position are usually ready to negotiate.
05Strong 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.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX ALLIANCE GROUP · Denise Henry. MLS #C7479984.
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 1 COLONY POINT DRIVE UNIT 5C 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 Nicholas to ping you on any price or status change →