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Water access to harbor and Gulf via Alligator Creek.
507 Madrid Blvd - Excellent sailboat or power boating access to Charlotte Harbor and the Gulf.
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507 Madrid BoulevardPunta Gorda, FL, 33950

10,724 sqftLot size
Land
$234,900
For sale
$329,900−$95,000 (29%)
Bank owned (REO)
Days on market
156
Listed
May 19
Last reduction
−$15,000
Oct 21, 2026
MLS #C7526055Updated Oct 21, 2026

About this property

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.

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Property details

Property type
Land
Street address
507 Madrid Boulevard
City
Punta Gorda
State
FL
ZIP code
33950
Faces
Northwest

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided 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.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $95,000 (28.8%) since first listed.

EventPrice
Price reducedMLS #C7526055$234,900Change: −28.8%−$95,000
Listed for saleMLS #C7526055$329,900
History may be incomplete.
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Location

Water access to harbor and Gulf via Alligator Creek.
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