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$600,000

531 Madrid Blvd Punta Gorda, FL 33950

3 beds
2 full
2,083 sqft
0.2 acres
$288 / sqft
House

Property details

About 531 Madrid Blvd

WATERFRONT GEM IN BURNT STORE ISLES – MOVE-IN READY W/SAIL ACCESS & INCREDIBLE POTENTIAL 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 or have a vision to create an updated dream home. Inside, you'll find a layout that is both comfortable and functional, with a large central kitchen, formal living and dining rooms, and a family room that has a canal view. Kitchen has breakfast bar, 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 bones are solid, the spaces generous—and the home is absolutely move-in ready. Use now as is or even rent it out while you plan your updates. 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. 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 and take your time, this is one of the best waterfront values in Burnt Store Isles. Explore the possibilities—schedule your showing today.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,083 sqft
Lot size0.22 Acres
Year built1989
ParkingGarage Door Opener
MLS #C7511261
Attached garage2 spaces
WaterfrontCanal
ViewWater
Private poolYes

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Cathedral Ceiling(s), Split Bedroom
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Garage Door Opener
  • Waterfront: Canal
  • View: Water
  • Exterior: Hurricane Shutters, Private Mailbox, Sliding Doors
  • Architectural Style: Custom, Florida
  • Heating: Central, Electric
  • Cooling: Central Air
  • List Price: $600,000
  • Price/SqFt: $288
  • HOA Amount: $50 Annually
  • Annual Tax Amount: $5,308
  • Tax Year: 2023
  • Lot: Flood Zone, City Lot, Near Golf Course, Paved
  • Directions: From US41, go west on Monaco Dr. Right on Madrid Blvd. Home is on left.
  • Year Built: 1989
  • Living Area: 2,083 SqFt
  • Lot Size: 0.22 Acres
  • MLS Number: C7511261
  • MLS Name: MFRMLS
  • Office Name: RE/MAX HARBOR REALTY
  • Office Phone: (941) 639-8500
  • Listing Agent: Luke Andreae

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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DMCA Notice

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/28/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$310,907$5,308
2022$301,851$5,056
2021$293,059$5,056
2020$289,013$4,717
2019$282,515$4,221
2018$277,247$4,221
2017$271,545$4,136

History based on county public records data.

Nearby schools

7

Sallie Jones Elementary School

Public District PK-5

2.8 mi

1230 Narranja St

3

East Elementary School

Public District PK-5

4.2 mi

27050 Fairway Dr

2

Peace River Elementary School

Public District PK-5

6.1 mi

4070 Beaver Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,370. Typical income of Punta Gorda, FL residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

17%
<35k
49%
35k-100k
27%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
2%
Single, with Kids
63%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
3%
12-17 yrs old
5%
18-34 yrs old
39%
35-64 yrs old
49%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse
  • PaneraPanera

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • InfinitiInfiniti

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Contemporary InspirationalContemporary Inspirational
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 531 Madrid Blvd

The listing price of 531 Madrid Blvd property is $600,000.

The property 531 Madrid Blvd is a house located in Punta Gorda, Florida, 33950.

Active Listing: 531 Madrid Blvd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 531 Madrid Blvd are: Sallie Jones Elementary School (GreatSchools Rating 7/10), East Elementary School (GreatSchools Rating 3/10), Peace River Elementary School (GreatSchools Rating 2/10), Punta Gorda Middle School (GreatSchools Rating 4/10), Port Charlotte Middle School (GreatSchools Rating 6/10), Murdock Middle School (GreatSchools Rating 4/10), Charlotte High School (GreatSchools Rating 5/10), Florida Southwestern Collegiate High School (GreatSchools Rating 9/10), Charlotte Virtual Franchise (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $5,308 (source: MLS/based on county public records data).

The property at 531 Madrid Blvd has 3 bedrooms and 2 bathrooms.

The property 531 Madrid Blvd is 2,083 SqFt (source: MLS/tax record).

The year of construction for 531 Madrid Blvd is 1989.

This home is located at 531 Madrid Blvd in Punta Gorda, FL and zip code 33950. This 2,083 square foot home, which was built in 1989, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $600,000.

In June 2025 more than 18 listings in Punta Gorda, FL were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 181 were sold below. The number of homes for sale in Punta Gorda, FL decreased by 2.4% between May and June 2025. Listings spent 110 days on the market in June 2025, and had a median list price of $365,941 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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