1318 WESLEY DRIVE UNIT 124B, PUNTA GORDA, FL, 33950
Active112 days on marketListed Apr 14, 2026MLS #A4690020
About this home
1318 WESLEY DRIVE UNIT 124B
Welcome to Silver Cove in Punta Gorda. This beautifully updated second-floor condo offers the perfect blend of comfort, convenience, and waterfront living. Enjoy peace of mind with elevated living—no flood insurance required—while taking in breathtaking canal views right from your home. Nestled on a quiet cul-de-sac, this property provides a serene setting with Gulf access, making it ideal for boating enthusiasts. A private boat slip is available for purchase of $10,000, conveniently located close to the unit for easy access. Inside, the condo features a fully revamped interior with a modern touch, creating a fresh and inviting living space ready for immediate enjoyment. The low HOA fee adds exceptional value, covering all exterior maintenance so you can focus on enjoying the Florida lifestyle. Residents also have access to a well-maintained community pool, perfect for relaxing year-round. Whether you're searching for a full-time residence or seasonal escape this property offers an unbeatable combination of location, lifestyle, and waterfront charm.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,049
Sqft
0 ac
Lot size
1984
Year built
One
Levels
$246
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 — not generic estimates.
$2,097 /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
$2,097/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
+21.9%
$/sqft vs Punta Gorda actives
$246 vs $207
Days on market
112 vs 60 typical
Where $246/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)
192 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 3% below the PUNTA GORDA 33950 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 1318 WESLEY DRIVE UNIT 124B
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$235,000
741 LONGBEACH COURT
3 bd · 2 ba · 1,188 sqft · $198/sqft · 54 DOM
Sold · Oct ’25$175,000
16 ALLIGATOR AVENUE
2 bd · 2 ba · 1,193 sqft · $147/sqft · 4 DOM
Sold · May ’26$240,000
4350 DELTONA DRIVE
3 bd · 2 ba · 1,248 sqft · $192/sqft · 303 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
Gavin Hatcher
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1318 WESLEY DRIVE UNIT 124B — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1318 WESLEY DRIVE UNIT 124B — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Gavin's phone and CRM.
Straight answers
1318 WESLEY DRIVE UNIT 124B FAQs
What would the monthly payment be for 1318 WESLEY DRIVE UNIT 124B?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,097/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 1318 WESLEY DRIVE UNIT 124B?+
The most recent tax bill on record (2025) was $3,654. 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 1318 WESLEY DRIVE UNIT 124B?+
The listing reports pets: Breed Restrictions, Number Limit. 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 $257,900, this home is listed about 24% 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 1318 WESLEY DRIVE UNIT 124B?+
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
Three things that matter here
01Under the PUNTA GORDA 33950 market on paper
$257,900 is 3% below the PUNTA GORDA 33950 median of $266,985.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong 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 FLORIDA FUTURE REALTY INC · Brayden Milner. MLS #A4690020.
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.
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