5541 ALMAR DRIVE
About This Property
Step into an expansive great room that flows effortlessly onto a screened lanai though a wall of sliding doors, where you'll be captivated by serene waterfront vistas. The home's split floor plan provides privacy and functionality, accentuated by volume and tray ceilings, crown molding, and tile flooring throughout. The gourmet kitchen is a chef's dream, featuring stone countertops, stainless steel appliances, a breakfast bar, a walk-in pantry, and abundant cabinetry for all your culinary needs.
The private owner's suite is a tranquil retreat with dual vanities, a spacious walk-in shower, and direct access to the lanai and pool. Two additional bedrooms, two full baths, and the pool bath conveniently attached to one of the guest bedrooms complete the thoughtfully designed layout.
Outdoors, the screened lanai invites you to relax by the sparkling pool surrounded by brick paver decking. With 80 feet of water frontage, a concrete boat dock, and a lift, boating enthusiasts will appreciate the direct access to Charlotte Harbor, Pine Island Sound, and the Gulf of Mexico.
Practical features include an oversized two-plus car garage with 14-foot overhead doors, a whole-house generator, and energy-efficient closed-cell sprayed insulation, reverse osmosis water system, water softener and tankless water heater. The circular brick paver driveway and double-door entry add to the home's curb appeal, while the large laundry room with extra cabinetry provides additional convenience.
Located near golf, tennis, pickleball, waterfront dining, shopping, and the historic charm of downtown Punta Gorda, this home is perfectly positioned for both relaxation and adventure. Whether you're setting sail, casting a line, or exploring the area's scenic trails, this waterfront haven offers an unparalleled lifestyle in Southwest Florida.
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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%.
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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