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507 MADRID BOULEVARD

Lots/Land For Sale
$289,900

BTC: 4.52968750

ETH: 181.79081828

-$40K (2026/07/14)
56 days
Waterfront
0 room(s)

Overview

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.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.25 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$197,450
$62K – $450K
Confidence Low
List vs. estimate
$92K above estimate
List $289,900 · +46.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
140 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,822
2025
View
Water
Waterfront
Canal Front, Canal - Saltwater
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 412320354009

    • Zoning: GS-3.5

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

    • Electricity Available

    • Sewer Nearby

    • Street Lights

  • Other financial information

    • Annual tax amount: $5,823

  • Source details

    • MLS ID: C7526055

    Other facts

    • Lot Features: Cleared / City Lot / Near Golf Course / Oversized Lot / Room For Pool

    • Direction Faces: Northwest

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 90 x 80 x 55 x 69.3 x 120

    • Subdivision Name: PUNTA GORDA ISLES SEC 15

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KW PEACE RIVER PARTNERS