$234,900
Active507 Madrid Blvd, Punta Gorda, FL 33950
0.25 acre lot
Listing courtesy of KW PEACE RIVER PARTNERS · MLS# C7526055
162 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- waterfront homesite
- no-bridge boating access
- widened channel navigation
- maintained seawalls
- golf and tennis nearby
- 18-mile trail network
AI-selected highlights from the listing description below.
Build your future Southwest Florida waterfront home on this beautiful residential lot in desirable Burnt Store Isles. Offering 10,724 square feet, this waterfront homesite provides no-bridge boating easy access to Charlotte Harbor and the Gulf via Alligator Creek—an outstanding setting for boating, fishing, and enjoying the Punta Gorda lifestyle. Enjoy improved boating access through the recently widened Burnt Store Isles channel offering enhanced navigation to Charlotte Harbor and the Gulf. Burnt Store Isles is a premier deed-restricted waterfront and golfing community known for its attractive homes, canals, and convenient location. Punta Gorda maintains the seawalls in both Burnt Store Isles and Punta Gorda Isles, adding long-term value and peace of mind for waterfront owners. Twin Isles Country Club offers golf, tennis, pool, clubhouse, and dining options nearby. Enjoy easy access to Downtown Punta Gorda, waterfront parks, restaurants, shopping, and the area’s 18-mile network of pedestrian and bicycle trails. Design your dream home and embrace the boating, golfing, fishing, and relaxed coastal lifestyle that make Punta Gorda so special.
Facts
- Property type
- Land
- Lot size
- 0.25 acres
- Waterfront
- Yes · 138 ft
- Water access
- Canal - Brackish, Canal - Saltwater, Creek, Gulf/Ocean, Gulf/Ocean to Bay, Lagoon, River
- Water view
- Yes
- Exposure
- Northwest
- Flood zone
- AE9
- CDD
- No
- Annual taxes
- $5,823/yr
- Listed
- May 18, 2026
- MLS #
- C7526055
Price & status history
- Listed for $329,900
- Price reduced to $249,900from $274,900
- Price reduced to $234,900
Virtual tour
- Property Panorama tourpropertypanorama.comView the virtual tour(opens propertypanorama.com in a new tab)
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 507 MADRID BLVD. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$1,873
$1,188 of that is principal & interest. 37% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $1,188
- Property taxes
- $485
- Homeowners insurance
- $200
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $1,873
Over the life of the loan
- Loan amount
- $187,920
- Down payment
- $46,980
- Total interest
- $239,682
- Principal + interest paid
- $427,602
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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507 Madrid Blvd, Punta Gorda, FL 33950
Listing courtesy of KW PEACE RIVER PARTNERS · MLS# C7526055 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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