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Welcome to 5400 Almar Drive, a rare waterfront gem situated on a quiet dead-end street in one of Punta Gorda Isles' most desirable sailboat-access neighborhoods. Offering exceptional boating convenience, this property provides quick access to Charlotte Harbor via Buckley's Pass, putting world-class boating and fishing right at your doorstep. Boaters will appreciate the impressive waterfront setup featuring over 70 feet of concrete seawall, a 10, 000-pound boat lift, and a concrete dock ready for your next adventure. Even better, the seawall is maintained as part of the Punta Gorda Isles canal system, providing owners with added peace of mind and one less major expense to worry about. This beautifully updated home offers 3 bedrooms, 2 bathrooms, and a floor plan unlike the typical PGI layout. The oversized primary suite is truly one-of-a-kind, featuring an expansive bedroom, a private sitting area, and additional flex space perfect for a home office, reading room, fitness area, nursery, or personal retreat. The primary suite's most captivating feature is its private observation deck overlooking the tropical surroundings and waterfront community. Imagine starting your mornings with coffee as the sun rises or unwinding in the evening with a glass of wine while enjoying Southwest Florida's spectacular sunsets. It's the perfect place to relax, recharge, and enjoy the lifestyle you've worked so hard to achieve. After experiencing this private retreat, you may find yourself asking, "Why would I ever want to leave?" Recent updates and improvements include a beautifully remodeled kitchen featuring quartz countertops, stainless steel appliances, updated cabinetry, luxury vinyl plank flooring, remodeled bathrooms, fresh interior and exterior paint, and a newer transferable metal roof. The plumbing has been updated, and recessed lighting, ceiling fans, and light fixtures have been thoughtfully replaced throughout the home. Several windows and doors have also been upgraded, including the front bay window and windows in the family room and living room. Additional improvements include a new air conditioning system installed in 2023, a completely new irrigation system installed in 2022, including a replacement boat lift and updated pool cage screening and hardware. Natural light pours throughout the home thanks to a beautiful skylight, creating a bright and inviting atmosphere. Step outside to your spacious screened pool area, complete with a hot tub, fenced backyard, and lush, meticulously maintained landscaping. Whether entertaining family and friends or enjoying a quiet evening under the stars, this outdoor oasis embodies the very best of Florida waterfront living. The extra-deep two-car garage provides abundant storage space and features a rear garage door for convenient access to the backyard and waterfront area.
Located just minutes by boat to Charlotte Harbor and only a short drive to downtown Punta Gorda's restaurants, shopping, parks, marinas, and waterfront attractions, this exceptional property combines luxury, convenience, and the ultimate Southwest Florida boating lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 |
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|---|---|---|---|
| Loan Amount | $580,000 | $580,000 | $580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $825 | $825 | $825 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,431 | $3,618 | $4,778 |
| Total Monthly Payment | $4,347 | $4,534 | $5,694 |
* 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.