$118,500

3518 Colony Court

Punta Gorda, FL 33950

Listing updated: April 17, 2026 at 10:20 AM ET

Active
0
Baths
0.19
Acres
WaterfrontWater access$15/sqft
Land

Property type

8,080 sqft

Lot size

$15

Price / sq ft

No HOA

HOA dues

741

Days on market

AE

Flood zone

About this home

Explore the quintessence of Florida living with this remarkable waterfront parcel poised at the culminating point of a serene cul-de-sac nestled in the heart of Punta Gorda. Revel in 90 feet of canal frontage, offering an enchanting backdrop to envision your ideal residence. Delve into the realm of a boater's haven, encompassing a 60-foot wide saltwater canal granting effortless passage to Charlotte Harbor and the Gulf of Mexico. Embrace the liberty of lifestyle customization sans deed restrictions or HOA mandates in Charlotte Park. Situated in this coveted locale, you're within arm's reach of shopping amenities, Punta Gorda's dynamic dining scene, and the new Sunseeker resort just a stone's throw away across the Harbor. Golf aficionados will appreciate the proximity to world-class courses, while the potential for boat lift installations adds a layer of practicality to your waterfront sanctuary. Seize this extraordinary chance to manifest your personal oasis, where waterfront living intertwines with boundless prospects. Utilities such as public water and electricity are conveniently located nearby, with sewer options including septic systems.

Local Insight

This is a flood zone AE lot, which means mandatory flood insurance and potential elevation requirements that'll significantly add to development costs—make sure you factor that into your budget before you fall in love with the waterfront access. At $15/sqft with no HOA, the price reflects the flood risk, but if you're building a modest structure or can handle the insurance and mitigation expenses, you're getting waterfront in Waterway Colony without community fees. The real question is whether the water access justifies the regulatory and financial headaches of an AE zone property.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$599
Property taxes$135
Home insurance (est.)$54

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history741 days on market

  1. Status: Active
    Sep 24, 2025
  2. Listed$124,000
    Apr 4, 2024
  3. Price reduced$118,500

Facts & features

Property type
Land
Status
Active
Days on market
741
Subdivision
Waterway Colony
County
Charlotte
Price/sq ft
$15
Lot size
8,080 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12015C0241G)
Annual taxes
$1,619 (2023)
Parcel #
412318303014
Zoning
RSF3.5
MLS #
S5102489

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HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash
Ownership
Fee Simple

Exterior & Construction

Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Septic Needed
Water source
Public
Utilities
Cable Available, Electricity Available, Water Available

Listing Details

Listing date
2024-04-04
On market date
2024-04-04
Original list price
$124,000
MLS area
33950 - Punta Gorda
Listing AOR
Osceola
Status changed
2025-09-24
Tax legal description
WWC 000 000B 0033 WATERWAY COLONY BLK B LT 33 296/285 395/755 593/2172 601/1197 625/1767 1021/2047 1041/1259 1859/1725 2345/1070 4887/1397

Flood risk

High riskFEMA Zone AEPanel 12015C0241G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of April 17, 2026 at 10:20 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA