531 MADRID BOULEVARD, Punta Gorda, FL, 33950 | $549,900

WATERFRONT GEM IN BURNT STORE ISLES – MOVE-IN READY W/SAIL ACCESS & INCREDIBLE VIEWS Perfectly positioned on a wide canal in Burnt Store Isles, this 3 bed/2 bath pool home w/just over 2, 000 sqft. of living space offers 84 feet of seawall, southern rear exposure, and a wide view of intersecting canals. Home is the perfect opportunity for those who want a livable home now. Inside, you'll find a layout that is both comfortable and functional, featuring a large central kitchen, formal living and dining rooms, and a family room with a canal view. The kitchen features a breakfast bar, a recipe desk, stainless steel appliances & an abundance of cabinet/counter space. Architectural details include cathedral ceilings, multiple skylights, large windows & sliding glass doors plus tile flooring throughout. The space is generous—and the home is absolutely move-in ready. The master suite offers pool & canal views, direct access to the lanai, and a spacious en-suite bath w/oversized walk-in closet. Master bath has split sinks, private water closet, corner shower & large linen closet for additional storage. Guest rooms are well-sized, and the split floor plan adds privacy for family or visiting guests. Outside, the screen-enclosed lanai features a classically styled brick-trimmed pool w/attached spa, covered outdoor living/dining space, and panoramic water views. Thanks to southern rear exposure, the lanai and pool are bathed in sunlight throughout the day. Colorful sunsets/painted skies over the water are another benefit of the southern rear exposure. The mature tropical landscape that surrounds the lanai creates the feel of being in a private oasis. A concrete dock is already in place, complete with power and water hookups, providing sailboat access to Charlotte Harbor. Location on a wide canal provides added maneuverability when docking. Other amenities include an attached two-car garage, screened front entry, and hurricane protection. Home is located in Burnt Store Isles, one of Punta Gorda’s most desirable boating and golfing communities. Property is an exceptional opportunity to create your ideal Southwest Florida lifestyle. Whether you're looking to update, invest, or simply move in. This is one of the best waterfront values in Burnt Store Isles. Schedule your showing today.

Features

  • Rooms: 12
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 75 x 120 x 84 x 120
  • Laundry: Inside, Laundry Room
  • Style: Custom, Florida
  • Year Built: 1989
  • Garage: 2-car Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,083
  • Acreage: 0.22
  • Lot Size: 75 x 120 x 84 x 120
  • Est. Taxes: $5,307
  • HOA Fee: $50 Annually
  • Lot Desc: FloodZone, City Lot, Near Golf Course
  • View: Water
  • Elem. School: Sallie Jones Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High
  • Pool: Gunite, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: C7511261
  • Days on Market: 165 days
  • Website: https://www.raveis.com
    /prop/C7511261/531madridboulevard_puntagorda_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 1/15/2026 2:47:10 PM)
Listing courtesy of RE/MAX HARBOR REALTY   Phone: 941-639-8500

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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531 MADRID BOULEVARD, Punta Gorda, FL, 33950

$549,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $439,920 $439,920 $439,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.156% 5.396%
Monthly Tax Payment $442 $442 $442
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,498 $2,635 $3,508
Total Monthly Payment $3,032 $3,169 $4,042

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.