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1620 ALBATROSS DRIVE
About This Property
From the moment you step inside, you're greeted with an open, elegant living space designed to maximize both natural light and water views. The expansive THREE-PANEL POCKETING SLIDERS seamlessly disappear, creating a true indoor-outdoor living experience as they open fully to the LANAI and RESORT-STYLE POOL AREA-perfect for entertaining or relaxing in your private coastal retreat.
The PRIMARY SUITE is a luxurious escape, featuring direct WATER and POOL VIEWS, PRIVATE LANAI ACCESS, TWO WALK-IN CLOSETS, and a spacious ensuite bathroom complete with DUAL SINK VANITY, LARGE LINEN CLOSET, and an OVERSIZED ROMAN WALK-IN SHOWER with MULTIPLE SHOWER HEADS.
A desirable SPLIT FLOORPLAN ensures privacy for guests, with one guest bedroom offering PRIVATE WALK-OUT ACCESS to the lanai and showcasing STUNNING VIEWS of the intersecting canals and passing boat traffic through an oversized window. This room also features a convenient MURPHY BED, maximizing versatility. The FULLY and NEWLY REMODELED guest bathroom functions as a POOL BATH, providing easy access from the lanai-ideal for effortless indoor-outdoor living.
Step outside to your personal waterfront oasis where the HEATED POOL has been thoughtfully updated, including a RESURFACE (2022) and NEW POOL HEATER, PUMP, AND LIGHT (2020). Enjoy peace of mind with major improvements already completed, including a NEW ROOF (2022), NEWER A/C (2020), EXTERIOR PAINT (2024), and a NEW (2024) GE PROFILE WASHER AND DRYER. Storm protection is in place with ROLL-DOWN AND ACCORDION SHUTTERS, operable via REMOTE for the lanai.
Boating enthusiasts will appreciate the NEWER 10,000 LB BOAT LIFT (2020) and DEEP-WATER, SAILBOAT ACCESS CANAL SYSTEM, offering a ride to open water with NO BRIDGES-making this a true boater's paradise. This home is also equipped with a PORTABLE DUAL FUEL 50 AMP WHOLE HOUSE GENERATOR CAPABLE OF POWERING THE ENTIRE HOME, INCLUDING THE A/C, and includes FIVE 40LB PROPANE TANKS, with the flexibility to also run on gasoline-providing added security and convenience year-round.
Located in one of Punta Gorda's most sought-after waterfront communities, you're just minutes from historic downtown, waterfront dining, marinas, and everything Southwest Florida has to offer.
This is more than a home-it's a LIFESTYLE. Schedule your private showing today and experience luxury waterfront living at its finest!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Punta Gorda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017