Waterfront Condo with Boat
1431 AQUI ESTA DRIVE 221 Punta Gorda, FL 33950
1431 AQUI ESTA DRIVE 221, Punta Gorda, FL, 33950
$349,900
For Sale
$349,900
Spacious condo with sunset views, private dock, and boat lift.
Property Size1,556 SF
Lot Size0.04 Acres
Price / SF$224.87
Days on Market536
Property Features for 1431 AQUI ESTA DRIVE 221
General Information
- Standard status
- Active
- Size
- 1,556 SF
- Lot size
- 0.04 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2005
Listing agency
WALKER REALTY GROUP FLORIDA
(941) 916-4320
Listed by
Paula Stankich · License #3134355
(941) 916-4320
Source
Exitrealty
Added: Jan 31, 2025 Updated: Jul 10 at 1:05PM Checked: Jul 21 at 4:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WALKER REALTY GROUP FLORIDA
Investment Insights
Based on property information with market context.
This second-floor waterfront condo at Schooner Cove features three bedrooms and two bathrooms, along with a bonus room and a detached one-car garage. The unit includes a private dock equipped with electric and water, as well as a 10,000 lb boat lift. The open floor plan encompasses a great room and a large kitchen with a breakfast bar, pantry closet, and ample cabinet and counter space. New stainless steel appliances have been installed in the kitchen. The bonus room can serve as an office, media room, or formal dining room. The primary bedroom accommodates a king-size bed and includes his and her walk-in closets, plus private access to a screened balcony with water views. The en-suite bathroom features a shower and a large linen closet. A split floor plan provides privacy for guests, who have access to a shared bathroom with a tub/shower. The condo also has an inside utility area with a full-size washer and dryer. Residents can enjoy sunset views from the screened balcony. Recent upgrades include new flooring in the bedrooms, bonus room, and great room, as well as fresh paint throughout the unit. New faucets have been installed in the bathrooms and kitchen sink. The condo amenities include a heated pool with a separate in-ground spa. The unit has sailboat access to Charlotte Harbor and is near the Punta Gorda Library, Visual Arts Center, Military Museum, Fishermans Village, downtown Punta Gorda, restaurants, golf courses, pickle ball courts, fishing piers, biking paths, and parks. The refrigerator and oven were installed in January 2025 and have never been used. The stainless steel microwave was purchased in 2024. Concrete dock number is 10 with a lift. The condo complex sustained no damage in the units from Hurricanes Milton and Helene. The property is 1556 square feet.
Key Highlights
- Waterfront condo with sunset views and sailboat access to Charlotte Harbor.
- Private dock with electric, water, and a 10,000# boat lift directly behind the unit.
- Private detached one‑car garage.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.2k | $20.04 |
| − Vacancy | −$6.2k | −$3.99 |
| EGI | $25.0k | $16.05 |
| − OpEx | −$11.2k | −$7.22 |
| NOI | $13.7k | $8.83 |
1,556 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$196.2K
$171.7K – $229.0K
NOI $13,737 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$509.5K
$445.8K – $594.4K
NOI $35,664 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
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FAQs
What type of property is this?
Residential income property - Spacious condo with sunset views, private dock, and boat lift.
Where is this residential income property located?
The property is located at 1431 AQUI ESTA DRIVE 221 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Waterfront condo with sunset views and sailboat access to Charlotte Harbor.; Private dock with electric, water, and a 10,000# boat lift directly behind the unit.; Private detached one‑car garage.
