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1ST CLASS STEEL ROOF (TRANSFERABLE WARRANTY), WHOLE-HOME WATER SOFTENER, A VERSATILE DEN/OFFICE, AND AN OVERSIZED 2½ CAR GARAGE — ALL SET AGAINST SWEEPING FAIRWAY VIEWS IN BEAUTIFUL Punta Gorda.
Located at 402 Madrid Boulevard in beautiful Punta Gorda, this exceptional 3-bedroom PLUS DEN, 2-bath HEATED POOL home delivers the ideal blend of quality construction, thoughtful design, and breathtaking panoramic golf course views. Overlooking multiple fairways, the property offers a peaceful, picturesque backdrop that elevates both everyday living and entertaining. Inside, the OPEN AND AIRY floor plan is enhanced by dramatic 90-DEGREE SLIDING GLASS DOORS that fully pocket away, seamlessly blending indoor and outdoor living while flooding the home with natural light. Elegant CROWN MOLDING and TRAVERTINE TILE accents the main living areas, adding a refined architectural touch that complements the home’s bright and welcoming atmosphere. The kitchen is designed for both functionality and style, featuring stainless Whirlpool appliances, abundant cabinetry, TWO PANTRIES for exceptional storage, and generous prep space ideal for hosting gatherings or daily meal preparation. Whether entertaining guests or enjoying a quiet evening at home, this kitchen is built to perform. The split-bedroom layout provides privacy for family and visitors alike. The spacious primary suite offers tranquil golf course views and a well-appointed bath featuring LARGE WALK-IN SHOWER designed for comfort and ease. The guest bathroom also features a generously sized shower, creating a spa-like experience throughout. Step outside to your private Florida oasis. The HEATED POOL and expansive lanai provide the ultimate setting for year-round enjoyment, morning coffee overlooking the fairways, or evening sunsets that paint the sky in vibrant color. This outdoor space truly captures the essence of Southwest Florida living. The OVERSIZED 2½ CAR GARAGE offers ample room for vehicles, a golf cart, storage, or a workshop area — a rare and highly desirable feature. For added peace of mind, the home is equipped with roll-down and accordion hurricane shutters, along with the whole home water softener and the premium STEEL ROOF providing durability, longevity, and a transferable warranty for the next owner. Conveniently located near historic downtown Punta Gorda’s waterfront parks, marinas, dining, shopping, and vibrant community events, this property offers both tranquility and accessibility.
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Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $400,000 | $400,000 | $400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.541% |
| Monthly Tax Payment | $349 | $349 | $349 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,271 | $2,396 | $3,216 |
| Total Monthly Payment | $2,712 | $2,837 | $3,657 |
* 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.