Price Reduced 5.56%

$850,000 ($310.11 per sqft)

Pending

Est. Mortgage $4,187/mo *

Quick Pre-Approval

Price History

$900,000
10/4/2025

$875,000
11/19/2025

$865,000
1/15/2026

$850,000
1/28/2026


518 MONACO DRIVE, Punta Gorda, FL, 33950

518 MONACO DRIVE, Punta Gorda, FL, 33950

10 rooms

3 beds

2 Full baths

2004

2,741 sqft

Under contract-accepting backup offers. Waterfront living awaits in this beautifully maintained 3-bedroom plus office, 2-bath pool home with an oversized garage and more than 2,700 sq ft of living space in the highly sought-after community of Burnt Store Isles. Perfectly positioned on intersecting canals, this residence captures breathtaking water views, stunning sunsets, and lush tropical landscaping highlighted by stately Royal, Foxtail, and Christmas palms. Designed for both elegance and comfort, the open split-bedroom floor plan features vaulted ceilings, skylights, and pocket sliders that seamlessly blend indoor and outdoor living. Recent updates include a new roof (2023), newer appliances, and fresh interior and exterior paint. A stamped concrete circular driveway provides ample parking and easy access, while the welcoming front porch with French doors and etched glass adds timeless curb appeal. The oversized primary suite offers a private retreat with tray ceilings, dual walk-in closets, and a spa-inspired bath featuring dual vanities, a walk-in shower, soaking tub, and private water closet. Guest accommodations include two bedrooms and a shared bath with convenient pool access. You’ll love spending time outdoors with a covered lanai, heated pool and spa, and a 45-ft concrete dock equipped with electric and water, plus a 10,000 lb boat lift providing direct access to Charlotte Harbor and the Gulf via Alligator Creek (sailboat water). For added peace of mind, the home includes electric roll-down, accordion, and panel shutters for full storm protection. Ideally located near I-75, Punta Gorda Airport, historic downtown Punta Gorda, Fishermen’s Village, and the Yacht Club. Optional membership is available at Twin Isles Golf & Country Club, featuring an 18-hole championship golf course, tennis courts, swimming pool, and a vibrant clubhouse with indoor and outdoor dining plus numerous social activities. Nearby attractions include PicklePlex with 24 pickleball courts, fine dining, and boutique shopping. There’s always something happening—from international art exhibits to weekly farmers markets, music festivals, and holiday celebrations. It’s truly a lifestyle like no other. Easy to show—schedule your appointment today and don’t miss the virtual and 3D tours!


Status:

Pending

Type:

Single-family residential

Laundry Remarks:

Inside, Laundry Room

Subdivision:

PUNTA GORDA ISLES SEC 15

Garage:

2-car

Heating:

Central, Electric

Cooling:

Central Air

Levels:

1

Common Charge:

$50 Annually

Acreage:

0.23

Est. Taxes:

$10,235

HOA Fee

$50

Construction

Block, Stucco

Utilities

Electricity Connected, Public, Sewer Connected, Water Connected

Lot Description:

Flood Insurance Required, FloodZone

View Description:

Pool, Water

Elementary School:

Sallie Jones Elementary

Middle School:

Punta Gorda Middle

High School:

Charlotte High

Days on Market:

135

Pet Policy:

Yes

Appliances:

Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer

Pool:

Heated, In Ground

Min Lease Term:

No Minimum

MLS #:

D6144104


Community Info

School Info

Walk Score

Yelp


Listing courtesy of COLDWELL BANKER SUNSTAR REALTY 941-214-3111