$749,900
731 Eldorado Drive
Punta Gorda, FL 33950
Listing updated: May 12, 2026 at 1:40 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Punta Gorda waterfront with deep sailboat access and no HOA. Built in 2016 with hurricane-grade construction, this 3-bedroom, 2-bath home sits on 100 feet of frontage along the Eldorado Waterway, about 12 minutes by boat to open Charlotte Harbor with no fixed bridges. The 3-year-old concrete dock has a covered boat lift and is ready for your boat the day you close. The house is 1,971 square feet under air with a 4-car oversized tandem garage (35x30) that includes a dedicated workshop and pass-through doors front to back. Classic-car owners, hobbyists, and contractors will know exactly what they're looking at. A standard two-car garage doesn't exist for this kind of buyer. This one does. Inside: tray and coffered ceilings, crown molding, porcelain tile, and full hurricane shutters. The home sits at one of the highest elevations in the area and has never had water intrusion, including through Hurricane Ian. Transferable flood insurance is $1,401 per year, verifiable on the policy. That's a number worth comparing to anything else you're touring on the water. The community is Riviera Lagoons, a small no-HOA, no-CDD, no-deed-restriction enclave between Punta Gorda Isles and Burnt Store. You can park a boat trailer, an RV, or a work truck without filing a request. Schools: Sallie Jones Elementary, Punta Gorda Middle, Charlotte High.
Local Insight
At $380/sqft for a 2016 waterfront home in Riviera Lagoons, you're paying a reasonable premium for the water access and four-car garage, but the AE9 flood zone is a serious consideration that will directly impact insurance costs and resale appeal—factor in flood insurance as a permanent line item, not a temporary one. The 0.22-acre lot is fairly tight for waterfront, so you're not getting substantial land beyond the house footprint, which limits future expansion or creates privacy concerns depending on neighbor proximity. For the price point, verify the actual waterfront footage and condition since flood zone designation can suppress comps, making this either a genuine value play if the structure is solid or a potential problem if deferred maintenance exists.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
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 history85 days on market
- Status: ActiveFeb 16, 2026
- Listed$784,900Feb 16, 2026
- Price reduced$749,900
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 85
- Subdivision
- Riviera Lagoons
- County
- Charlotte
- Year built
- 2016
- Living area
- 1,971 sq ft
- Price/sq ft
- $380
- Building area
- 3,317 sq ft (Public Records)
- Lot size
- 9,500 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE9
- Garage
- 4 spaces
- Annual taxes
- $7,743 (2025)
- Parcel #
- 412319308012
- Zoning
- MHC
- MLS #
- A4682712
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 4
- Attached garage
- Yes
- Parking features
- Garage Door Opener, Oversized, Tandem, Workshop in Garage
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Hurricane Shutters, Other, Rain Gutters, Sliding Doors
- Construction materials
- Concrete, Stucco
- Roof
- Shingle
- Foundation
- Slab, Stem Wall
- Waterfront
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Phone Available, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 2 | First | 11.6x17 |
| Bedroom 3 | First | 11x12 |
| Primary Bedroom | First | 14.5x18 |
| Primary Bathroom | First | 15x14.5 |
| Bathroom 1 | First | 5x14 |
| Foyer | First | 9x7 |
| Balcony/Porch/Lanai | First | 16x16 |
| Dining Room | First | 11x14.5 |
| Laundry | First | 7.5x9 |
| Kitchen | First | 12x14 |
| Great Room | First | 18x20 |
Listing Details
- Listing date
- 2026-02-11
- On market date
- 2026-02-16
- Original list price
- $784,900
- Occupant type
- Owner
- MLS area
- 33950 - Punta Gorda
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-02-16
- Tax legal description
- RLA 000 0000 0071 RIVIERA LAGOONS LT 71 RP#478 255/123 375/149 DC959-706-HJL 1939/839 DC3769/1794-MFL AFF3769/1798 3769/1806
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-75, take Exit 170 toward Punta Gorda/SR-31 * Head south on SR-31/Main St after exiting I-75 * Continue on SR-31/Main St for about 2–3 miles toward the heart of Punta Gorda * Turn left onto W Marion Ave (US-41) — this is a major east–west road through Punta Gorda * After about 0.8 miles, turn right onto El Dorado Dr * Follow El Dorado Dr for a short distance — the home at 731 El Dorado Dr will be on your left
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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 May 12, 2026 at 1:40 PM 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.
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