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632 MONACO DRIVE
About This Property
From the moment you enter, soaring cathedral ceilings and breathtaking wide-water views create an impressive coastal ambiance. Designed for both comfortable living and effortless entertaining, this spacious residence features a light-filled living room with pocketing sliding glass doors that seamlessly open to the lanai, a formal dining room highlighted by an elegant arched window, and a warm inviting family room complete with custom built-in shelving and storage.
The kitchen is thoughtfully designed with a breakfast bar, pantry, built-in oven and microwave, stone countertops, and newer stainless steel appliances.
The spacious primary suite is a relaxing retreat featuring a tray ceiling, dual walk-in closets, and an en-suite bath with dual vanities, a separate makeup area, and a walk-in shower.
Sliding glass doors across the rear of the home lead to the expansive covered lanai and heated saltwater pool with a newer pool heater installed in 2024. This exceptional outdoor living space is perfect for entertaining family and friends or simply enjoying the beauty of Southwest Florida while watching fish jump and manatees glide through the canal.
Boating enthusiasts will appreciate the city-maintained 80-foot concrete seawall, oversized dock measuring approximately 7' x 30', and the 10,000-pound boat lift with recently installed motors.
Additional features include hurricane shutters throughout for added peace of mind.
Burnt Store Isles is conveniently located near shopping, dining, golf courses, Fishermen's Village, downtown Punta Gorda, Punta Gorda Airport, and major highways, while also offering easy access to boating, waterfront restaurants, pickleball, biking, and all the best of the Florida waterfront lifestyle.
Don't miss this incredible opportunity to own your piece of paradise in one of Punta Gorda's premier waterfront communities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jul 12, 2026 | Relisted | $645,000 | |
| Relisted | |||
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Price Decreased |
$645,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017