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2028 RIVER BASIN TERRACE

House Active With Contract
$284,000

BTC: 4.70198675

ETH: 178.09103964

-$63K (2026/05/01)
388 days
Waterfront
3 bds
2 ba
1,639 sqft

Overview

Under contract-accepting backup offers. **PRICE IMMPROVEMENT**PLEASE ENJOY THE 3D INTERACTIVE VIRTUAL TOUR ASSOCIATED WITH THIS LISTING – Welcome home to the community of Palm Shores and this well-maintained, three-bedroom, two-and-a-half-bath waterfront home with ultra-quick and direct access to the Peace River and Charlotte Harbor, with NO HOA or CDD! Sporting approximately ~1640 square feet of air-conditioned living space, this residence has updated bathrooms, a new kitchen, newer roof (2022), complete window storm protection, an oversized one-car garage and a water filtration system. Seller has assumable FLOOD POLICY. The home's primary bedroom is separate from the two guest rooms for added privacy and the 360 square foot enclosed lanai has direct access from the great room, primary bedroom and one of the two guest rooms. It also has direct access to the open backyard patio and waterfront area. The home enjoys ceramic tile flooring in all but the newly carpeted bedrooms. The 80 feet of water frontage sports a newer concrete seawall and is only two minutes from open water. From this location, you are but 3.5 miles from shopping, 8 miles from I-75 and just 10 miles from historic downtown Punta Gorda! It's a great waterfront find at an affordable price. For buyers seeking additional space, the adjacent vacant lot may also be available. Walk through now by clicking on the attached interactive 3D VIRTUAL TOUR!

Location

Details

Type:
Residential
Parking:
Garage Door Opener
Year Built:
1968
Lot:
0.22 Acres
Heating:
Central / Electric
Price/sqft:
$173
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$353,500
$253K – $646K
Confidence Low
List vs. estimate
$69K below estimate
List $284,000 · -19.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$173
-21.6% vs. city median $221
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,362
2024
View
Water
Waterfront
Canal - Saltwater
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    • Water Purifier

    • Water Softener

    Other interior features

    • Attic Fan

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Garage Door Opener

    Property

    • Levels: One

    • Exterior Features: Hurricane Shutters / Private Mailbox / Rain Gutters / Sliding Doors

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 402314254002

    • Zoning: RSF5

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Phone Available

  • Other financial information

    • Annual tax amount: $4,363

  • Source details

    • MLS ID: C7510522

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: FloodZone / In County / Level / Street Dead-End

    • Patio And Porch Features: Front Porch / Rear Porch

    • Window Features: Aluminum Frames / Shutters / Storm Window(s)

    • Direction Faces: Northwest

    • Architectural Style: Florida / Ranch

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1639

    • Water Source: Well

    • Lot Size Dimensions: 80 x 120 x 80 x 120

    • Subdivision Name: PALM SHORES

Private inquiry
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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: RE/MAX ALLIANCE GROUP