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Sold for $475,000
  • $475,000

    531 Madrid Blvd, Punta Gorda, FL 33950

    3beds
    2,083sqft
    Single Family Residence
    Built in 1989
    9,637 Square Feet Lot
    $472,000 Zestimate®
    $228/sqft
    $4,838 Estimated rent

    Home value

    $472,000

    $425,000 - $524,000

    $4,838/mo

    Zestimate® history
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    What's special

    Wide canalBreakfast barSpacious en-suite bathMultiple skylightsPanoramic water viewsLarge windowsScreen-enclosed lanai
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Luke Andreae 941-833-4217,

    RE/MAX HARBOR REALTY 941-639-8500

    Bought with:

    Luke Andreae, 3056380

    RE/MAX HARBOR REALTY

    Source: Stellar MLS,MLS#: C7511261MLS LogoOriginating MLS: Port Charlotte

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Breakfast Room Separate, Family Room, Dining Room, Living Room, Utility Room
    Primary bedroom
    • Description: Room6
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 14x15
    Bedroom 2
    • Description: Room8
    • Features: Built-in Closet
    • Level: First
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 3
    • Description: Room9
    • Features: Built-in Closet
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Primary bathroom
    • Description: Room7
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 6x12
    Bathroom 2
    • Description: Room10
    • Level: First
    • Area: 45 Square Feet
    • Dimensions: 5x9
    Balcony porch lanai
    • Description: Room12
    • Level: First
    • Area: 230 Square Feet
    • Dimensions: 10x23
    Dinette
    • Description: Room4
    • Level: First
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Dining room
    • Description: Room2
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Family room
    • Description: Room5
    • Level: First
    • Area: 266 Square Feet
    • Dimensions: 14x19
    Kitchen
    • Description: Room3
    • Level: First
    • Area: 140 Square Feet
    • Dimensions: 10x14
    Laundry
    • Description: Room11
    • Level: First
    • Area: 45 Square Feet
    • Dimensions: 5x9
    Living room
    • Description: Room1
    • Level: First
    • Area: 195 Square Feet
    • Dimensions: 13x15
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Cathedral Ceiling(s), Split Bedroom
    • Flooring: Tile
    • Doors: Sliding Doors
    • Windows: Skylight(s), Hurricane Shutters, Hurricane Shutters/Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 2,849
    • Total interior livable area: 2,083 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener
    • Attached garage spaces: 2
    • Details: Garage Dimensions: 20x20
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Screened
    • Exterior features: Irrigation System, Private Mailbox
    • Has private pool: Yes
    • Pool features: Gunite, In Ground, Screen Enclosure
    • Has spa: Yes
    • Spa features: In Ground
    • Has view: Yes
    • View description: Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Canal - Saltwater, Bay/Harbor Access, Saltwater Canal Access, Gulf/Ocean Access, River Access, Bridges - No Fixed Bridges, Sailboat Water, Seawall
    Lot
    • Size: 9,637 Square Feet
    • Dimensions: 75 x 120 x 84 x 120
    • Features: FloodZone, City Lot, Near Golf Course
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 412320354005
    • Zoning: GS-3.5
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom,Florida
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Stem Wall
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Deed Restrictions
    • Security: Closed Circuit Camera(s), Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: PUNTA GORDA ISLES SEC 15
    HOA
    • Has HOA: Yes
    • HOA fee: $4 monthly
    • HOA name: Burnt Store Isles Assoc
    Location
    • Region: Punta Gorda

    Financial & listing details

    • Price per square foot: $228/sqft
    • Tax assessed value: $550,479
    • Annual tax amount: $5,307
    • Date on market: 6/16/2025
    • Cumulative days on market: 165 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/16/2026Sold$475,000-13.6%$228/sqft
    Source: Stellar MLS #C7511261 Report a problem
    12/26/2025Pending sale$549,900$264/sqft
    Source: Stellar MLS #C7511261 Report a problem
    11/9/2025Listed for sale$549,900$264/sqft
    Source: Stellar MLS #C7511261 Report a problem
    11/3/2025Pending sale$549,900$264/sqft
    Source: Stellar MLS #C7511261 Report a problem
    9/25/2025Price change$549,900-8.3%$264/sqft
    Source: Stellar MLS #C7511261 Report a problem
    9/10/2025Pending sale$600,000$288/sqft
    Source: Stellar MLS #C7511261 Report a problem
    6/16/2025Listed for sale$600,000$288/sqft
    Source: Stellar MLS #C7511261 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,498 +3.6%$329,521 +2.9%
    2024$5,307 0%$320,234 +3%
    2023$5,308 +5%$310,907 +3%
    2022$5,057 +7.2%$301,851 +3%
    2021$4,718 +5.9%$293,059 +1.4%
    2020$4,453 -0.8%$289,013 +2.3%
    2019$4,488 +6.3%$282,515 +1.9%
    2018$4,221 $277,247 +2.1%
    2017$4,221 +2.5%$271,545 +2.1%
    2016$4,118 -0.1%$265,960 +0.7%
    2015$4,124 +1.7%$264,111 +0.8%
    2014$4,054 +4.6%$262,015 +3.2%
    2013$3,874 +2.4%$253,828 -6.9%
    2012$3,785 -4.7%$272,672
    2011$3,969 -1.1%$272,672 +1.5%
    2010$4,012 +8.7%$268,642 +2.7%
    2009$3,691 $261,579 +7.1%
    2007-- $244,205
    2006-- $244,205 +6.1%
    2005-- $230,186 +1.9%
    2004-- $225,894
    2003-- $225,894 +2.4%
    2002$3,482 +0.8%$220,600 +1.6%
    2001$3,455 +3%$217,126 +3%
    2000$3,354 $210,802
    Find assessor info on the county website

    Neighborhood: 33950

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sallie Jones Elementary
    • Middle: Punta Gorda Middle
    • High: Charlotte High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $472,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $472,000