28968 GIN LANE
About This Property
Welcome to the gated community of The Estates on Peace River in Punta Gorda, Florida! This beautiful custom home sits on a spacious one-acre parcel and features approximately 2040 square feet of air-conditioned living space. It also includes access to the Peace River, Charlotte Harbor, and the Gulf of Mexico. With three bedrooms, an office/den, two full baths, and a spacious side-load two-car attached garage, this home has plenty of room for everyone! The interior boasts many custom features, including a neutral decor with stylish plank tile flooring (except for the tiled bathrooms), crown moldings, tray ceilings in select rooms, 10-foot ceilings, beautiful 8' single-panel doors, and 5" base trim. The open designer kitchen features stone counters with a decorative backsplash, matching stainless appliances, and stunning soft-close solid wood cabinetry. The open floor plan has a split bedroom design for added privacy, and the roomy primary retreat boasts an en-suite bathroom with an impressive walk-in shower and two custom-designed walk-in closets.
The property also includes an oversized paver-stone circle driveway and a 350-square-foot paver-stone rear patio, 150 square feet of which is under-roof. With just over an acre of land and a private preserve view, this is an ideal location for a pool! Ask the builder about a pool package! The home has highly efficient PGT impact windows and doors, a 24-gauge metal roof, and underground utilities,
The Estates on the Peace River is a master-planned community along the pristine Peace River. Each of the 28 .9+ acre parcels has access to the community private boat launch and Tiki Hut pavilion. The community has a modern "coastal" motif and offers an old Florida lifestyle while providing ultra-convenient rural living with a modest monthly association fee.
Conveniently located, The Estates on Peace River is just 1 mile from Charlotte County Emergency Services, 3 miles from shopping, 8 miles from Interstate 75 (exit 164), and 10 miles from historic downtown Punta Gorda and the Punta Gorda Airport (PGD). Take a drive and see The Estates on Peace River for yourself!
Walk through now by clicking on the attached interactive 3D VIRTUAL TOUR! Motivated Seller!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Mar 25, 2025 | No longer available | - | |
| No longer available | |||
| Jan 21, 2025 | Price Decreased |
$690,000
↓ $90K
(11.5%) | |
| Price Decreased | |||
| Jul 6, 2024 | Price Decreased |
$780,000
↓ $59K
(7%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017