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$649,000

Active Under Contract

1318 Penguin Ct, Punta Gorda, FL 33950

3 beds Β· 2 baths Β· 1,683 sq ft

Listing courtesy of KW PEACE RIVER PARTNERS Β· MLS# C7522691

116 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

What’s special

  • newer metal roof
  • impact windows
  • transferable flood policy
  • deep-water canal
  • direct sailboat access
  • 10,000-pound boat lift
  • heated pool
  • screened lanai

AI-selected highlights from the listing description below.

Under contract-accepting backup offers. OVER $100,000 in home improvements that include a NEWER METAL ROOF AND NEWER IMPACT WINDOWS. This home has a TRANSFEABLE FLOOD POLICY to the new owners plus the newer roof and impact windows will significantly help on reducing your annual homeowners insurance. Experience the very best of Southwest Florida waterfront living in this beautifully maintained move-in ready pool home, ideally situated on a wide, deep-water canal in the highly sought-after Bird Section of Punta Gorda Isles. Tucked away on a quiet cul-de-sac, this exceptional property offers 56 feet of city-maintained concrete seawall, direct sailboat access with no fixed bridges, and quick boating access to Charlotte Harbor through Buckley's Pass and Alligator Creek before reaching the Gulf. Whether you're an avid boater, fisherman, or simply enjoy spectacular waterfront views, this home offers the perfect combination of comfort, convenience, and the Florida lifestyle. Even better, most furnishings are included, allowing you to start enjoying your new waterfront home immediately. Inside, you'll find a bright, open split-bedroom floor plan featuring three bedrooms, two bathrooms, soaring ceilings, beautiful upgraded flooring throughout, and an abundance of natural light. The spacious great room opens seamlessly to the screened lanai through expansive sliding glass doors, creating effortless indoor-outdoor living. The primary suite overlooks the pool and canal with direct lanai access, while the guest bath conveniently serves as a pool bath with direct access from the lanai. The kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, a large breakfast bar, a cozy breakfast nook, and an open layout that keeps everyone connected. Step outside to your private backyard oasis where a heated pool, expansive covered lanai, and wide canal views create the perfect setting for relaxing or entertaining year-round. Watch boats cruise by, enjoy breathtaking sunsets, or head out for a day on the water from your own backyard. Boaters will appreciate the 10,000-pound boat lift, dock with electric and water service, 56 feet of concrete seawall maintained by the City of Punta Gorda, and unrestricted sailboat access with no bridges to Charlotte Harbor and the Gulf of America. Conveniently located just minutes from Historic Downtown Punta Gorda, you'll enjoy waterfront dining, Fishermen's Village, boutique shopping, golf, pickleball, parks, walking and biking trails, farmers markets, festivals, and live entertainment. Beautiful Gulf beaches, including Englewood Beach and Boca Grande, are an easy drive away. Punta Gorda Airport (PGD) is approximately 15 minutes away, while Southwest Florida International Airport (RSW) is about 40 minutes away.

Facts

Property type
Single Family Residence
Year built
1997
Bathrooms
2 full
Living area
1,683 sqft
Lot size
0.23 acres
Waterfront
Yes Β· 56 ft
Water access
Bay/Harbor, Beach, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, Lagoon, Marina, River
Water view
Yes
Private pool
Yes
Exposure
South
Furnished
Furnished
Flood zone
AE
CDD
No
55+ community
No
Annual taxes
$5,652/yr
Listed
Mar 1, 2026
MLS #
C7522691

Price & status history

  1. Listed for $669,000
  2. Price reduced to $649,000from $659,000
  3. Status changed to Active Under Contract

Virtual tour

Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.

Estimate the monthly payment

Estimate by Lasbury Tracy Realty β€” not a loan offer

Starting figures for 1318 PENGUIN CT. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β€” Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure β€” we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.

AssumptionNot applied β€” your down payment is 20% or more.

Estimated total monthly payment

$4,294

$3,282 of that is principal & interest. 24% is taxes, insurance and fees β€” which is why those inputs matter more here than the rate does.

Principal & interest
$3,282
Property taxes
$471
Homeowners insurance
$541
Flood insurance
$0
HOA / condo fees
$0
Mortgage insurance (PMI)
$0
Total per month
$4,294

Over the life of the loan

Loan amount
$519,200
Down payment
$129,800
Total interest
$662,211
Principal + interest paid
$1,181,411
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above β€” nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

1318 Penguin Ct, Punta Gorda, FL 33950

Listing courtesy of KW PEACE RIVER PARTNERS Β· MLS# C7522691 Β· Active Under Contract

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 29 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 29, 2026, 12:23 AM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]