431 Panarea DRIVE, Punta Gorda, FL, 33950 | $849,000

Sailboat Waterfront Home in Burnt Store Isles. This home is deceiving from the outside. While it looks petite, it is actually over 2300 square feet! You've got to see it in person.
Introducing this beautifully remodeled coastal home, originally crafted by West Coast Builders. The three (3) bedroom / three (3) bath home offers a blend of MODERN UPGRADES and thoughtful details, ensuring comfort and style.

Inside, the home features pet-friendly, neutral-color, LV plank flooring. The spacious, OPEN FLOOR PLAN includes two distinct living areas and a split-bedroom layout for privacy. The kitchen was FULLY REMODELED with custom 42-inch cabinetry, an x-large island with sink, drawer microwave, dishwasher, QUARTZ countertops, and storage on all sides. The kitchen is equipped with Bosch and Samsung STAINLESS STEEL appliances. Matching CUSTOM CABINETS were also added to the linear pantry and laundry room for a modern esthetic.

The home features a formal but open dining room in the front of the home and a casual dining area adjacent to the kitchen and lanai. The bathrooms all have quartz counters, while the primary bathroom includes a FRAMELESS GLASS SHOWER, dual vanities, a large custom, corner storage cabinet , deep enough for pillows and comforters, and TWO (2) walk-in closets. Bedroom two (2) features a queen-size built-in Murphy bed making it a great flex room to accommodate guests as well as an office. Bedroom three (3) is of ample size for a queen size bed and end tables. All lighting fixtures and fans throughout the home are recently updated.

The great room is fitted with a custom electric window shades, is large enough to accommodate a pool table and overlooks the south-facing, screened lanai, heated pool, and saltwater canal. There is a 1/2 bath on the covered lanai with an outdoor shower for convenience. The outdoor storage closet is a great spot for your pool toys or gardening supplies.

The exterior features a NEW TILE ROOF & SOFFITS, The oversized garage provides ample space for a work area with built-in cabinetry, while the laundry room includes a utility tub, fandelier, and a washer and dryer that convey with the home.

All windows, the front door, and one slider feature IMPACT GLASS, while the remaining sliders are protected by a StormSmart roll-down system which also provides protection for your lanai furniture in a storm. Upgraded home systems include a whole-house surge protector, TRANE AC unit, water softener, hot water heater, and a new sprinkler controller.

For boating enthusiasts, the property includes an 80-foot concrete seawall (maintained by the city of Punta Gorda), a 15-foot concrete dock with electric and water, and a 10, 000 pound boat lift. There are NO BRIDGES to Charlotte Harbor on this SAILBOAT canal.

Every detail has been meticulously cared for, creating a home that combines modern luxury with coastal charm, making it truly move-in ready. High elevation! NO STORM OR FLOOD DAMAGE ! Buyers are providing a ONE YEAR HOME WARRANTY from America's Preferred! Some furniture such as lanai furniture and family room sofas may be available for purchase outside of home purchase.

This home is also conveniently located near to to famous Fishermen’s Village, the new Sunseeker Resort, major highways and airports, and just a few minutes to historic downtown Punta Gorda, where you can enjoy its restaurants, shopping, pickle ball, biking, and waterfront activities.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside
  • Year Built: 1996
  • Garage: 2-car Workshop in Garage
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,346
  • Acreage: 0.22
  • Est. Taxes: $7,999
  • HOA Fee: $45 Annually
  • Lot Desc: Cul-De-Sac, Landscaped, Near Golf Course, Near Marina
  • View: 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: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Water Purifier, Water Softener
  • MLS#: C7499414
  • Days on Market: 49 days
  • Website: https://www.raveis.com
    /prop/C7499414/431panareadrive_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 12/26/2024 9:33:08 PM)
Listing courtesy of COLDWELL BANKER SUNSTAR REALTY   Phone: 941-627-3321

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NMLS Mortgage Loan Originator ID 16953

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431 Panarea DRIVE, Punta Gorda, FL, 33950

$849,000

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 $679,200 $679,200 $679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $667 $667 $667
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,405 $4,349 $6,010
Total Monthly Payment $5,164 $5,108 $6,769

* 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.