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$341,000
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Property Description
Gulf Access lot waiting for you to build your dream home in the highly sought after PGI Community in Punta Gorda. This lot has a spectacular view down the entire canal... the seller has designed a home to fit on this lot if you are looking for a semi custom built home with plans already approved. We have a finished model of this home for you to view. If you would like a few changes the builder will accommodate. Do not miss out on this opportunity and the ability to work directly with the builder to add your finishing touches to your new home!
Full Property Details
Full Property Details for 507 Madrid Blvd
General
- Price: $341,000
- Taxes: $5,701 (2023)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: C7497840
- Updated: 11/24/2025
- Added to Site: 493 day(s) ago
Location
- Area: 33950 - Punta Gorda
- County: Charlotte
- Development Name: 33950 - Punta Gorda
- Subdivision: PUNTA GORDA ISLES SEC 15
- Driving Directions: Burnt Store road to US 41 turning north or if on 41 North towards Punta Gorda from Ft Myers go north and make a left on Madrid Blvd
Community
- Community Name: 33950 - Punta Gorda
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Available, Sewer Available, Street Lights, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,724
- Lot Size: 10724
- Lot Dimensions: irregular
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Price Per Acre: $1,364,000
- Tax Amount: $5,701.43
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PGI 015 0265 0021 PUNTA GORDA ISLES SEC15 BLK265 LT21 533/929 831/211 1173/1748 1633/149 5029/900 3214080
- Flood Zone Info: 9AE
- APN: 412320354009
- Property ID: 412320354009
- Block/Lot/Section: 265
Listed by Gulf Coast Living Real Estate
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Schools
Schools serving 507 Madrid Blvd
School District:Charlotte County School District
| Name | Grades | Distance |
|---|---|---|
Sallie Jones Elementary School 1230 Narranja Street, Punta Gorda, FL 33950 | PK-5 | 2.7 mi |
Punta Gorda Middle School 1001 Education Avenue, Punta Gorda, FL 33950 | 6-8 | 2.8 mi |
Charlotte High School 1250 Cooper Street, Punta Gorda, FL 33950 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Madrid Blvd
Date
Details
Price
Change
Source
11/24/2025
Price Increased
$341,000
0.29%
MLS
1/20/2025
Price Reduced
$340,000
-2.86%
MLS
11/18/2024
Price Reduced
$350,000
-6.67%
MLS
11/05/2024
Price Reduced
$375,000
-6.02%
MLS
9/11/2024
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 507 Madrid Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,450
-23%
$267,750
—
2024
$5,779
1%
$267,750
3%
2023
$5,701
22%
$259,250
9%
2022
$4,662
23%
$237,050
39%
2021
$3,784
9%
$170,750
3%
2018
$3,476
9%
$166,481
11%
2017
$3,182
4%
$149,345
7%
2016
$3,048
15%
$140,073
18%
2015
$2,642
-29%
$118,792
-30%
2019
$3,720
56%
$170,750
58%
2014
$2,392
8%
$107,993
10%
2013
$2,224
—
$98,175
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Madrid Blvd
507 Madrid Boulevard, Punta Gorda, FL 33950 (MLS# C7497840) is a Lots/Land property with a lot size of 0.25 acres. 507 Madrid Boulevard is currently listed for $341,000 and was received on September 11, 2024. Want to learn more about 507 Madrid Boulevard? Do you have questions about finding other Lots/Land real estate for sale in Punta Gorda? You can browse all Punta Gorda real estate or contact a Coldwell Banker agent to request more information.

