259 Madrid BOULEVARD, Punta Gorda, FL, 33950 | $1,100,000

This elegant open concept custom home with superb quality and craftsmanship has 3 bedrooms, 2 1/2 baths and a spacious 3-car garage. This light and bright home offers 2, 340 square feet of open living space under air and EXPANSIVE LAKE AND GOLF COURSE VIEW in desirable deed restricted Burnt Store Isles. This automated smart home with a security system and cameras, lends a peace of mind. Built in 2016, this home has full PGT impact windows, glass doors and a Storm Smart screen in the covered area of the lanai. The split bedroom floor plan ensures utmost privacy. This home has upscale design features throughout and has been meticulously maintained. The exterior boasts stunning stacked stone pillars and facade, a brick paver front porch, beautiful landscaping, irrigation system, sealed brick pavers and a $90, 000 dollar upgraded metal roof, with a stone coating and a 60-year transferrable warranty. A grand double door entry opens to a large foyer, and a great room with a den/sitting room tucked away, showcasing stunning travertine chiseled flooring throughout the home, 12' coffered and tray ceilings, upgraded crown molding, baseboards and trim, and upgraded lighting and ceiling fans. The great room boasts a wall of dramatic 9' disappearing doors leading out to the covered lanai. Your living space extends via triple door sliders to the screen lanai with covered area and heated saltwater pool. Sealed brick pavers span the outside and the covered area on the lanai adorned with lighting and ceiling fans. There is an outdoor shower along with all rough-ins for an outdoor kitchen and TV. There is lots of space for multiple conversation areas for entertaining. In the evening you will enjoy the custom lanai lighting (comes with lifetime warranty). The deluxe kitchen offers plenty of soft-closed wood cabinets with pullout shelves, a large pantry closet with double doors, level 4 granite countertops with a tile backsplash with ample cooking space, an expansive island with seating for 4, and stainless steel appliances including a convenient pot fill faucet. The kitchen overlooks the great room and the dining area featuring an aquarium glass window overlooking the outside. A single door also leads to the lanai off the dining area. The kitchen sink, at the far end of the island, is situated to give you the most captivating view of the pool and lake. The laundry room has a washer, dryer, built-in sink and wooden upper and lower cabinetry with a granite countertop. The 3-car garage with has epoxy flooring, sink and upper storage shelving. The ceiling is 11' and the hurricane doors are rated for 160 mph winds. Entering off the great room, this beautiful craftsmanship continues into the master suite, offering a private retreat with pool access, a tray ceiling, two walk-in closets and an en-suite with a whirlpool/soaking tub, double sink granite countertop vanity, 12' ceiling and a fabulous walk through shower with double faucets, handhelds and rainfall shower heads. You will enjoy two additional oversized bedrooms off the kitchen with plenty of closet space, along with a pool bath leading out to the lanai, and a full bath with a walk-in shower. Both baths include luxurious wooden cabinetry with granite countertops. Perfect for family or guests. Other features include custom blinds throughout with remote in the great room and master bath, central vac, single water system, spray foam insulated attic.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Custom, Florida
  • Year Built: 2016
  • Garage: 3-car Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,340
  • Acreage: 0.26
  • Est. Taxes: $9,742
  • HOA Fee: $50 Annually
  • Lot Desc: FloodZone, City Lot, Landscaped, On Golf Course
  • View: Golf Course, Water
  • Elem. School: Sallie Jones Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High
  • Pool: Gunite, Heated, In Ground, Outside Bath Access, Salt Water, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: C7497744
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/C7497744/259madridboulevard_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 9/24/2024 11:32:09 PM)
Listing courtesy of RE/MAX ANCHOR OF MARINA PARK   Phone: 941-205-2004

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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259 Madrid BOULEVARD, Punta Gorda, FL, 33950

$1,100,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.409% 6.360% 6.201%
Monthly Tax Payment $812 $812 $812
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,418 $5,418 $7,426
Total Monthly Payment $6,355 $6,355 $8,363

* 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.