tomo logo

$999,500

Beds
3
Baths
2.0
sq ft
2,029

1099 Cimarron Dr, Punta Gorda, FL 33950

1099 Cimarron Dr

PUNTA GORDA, FL 33950

  • 1 day on market
This exceptional, hurricane-proofed waterfront home in Punta Gorda Isles offers the ultimate blend of modern luxury and practical design. Located on the sought-after Charlotte Harbor, this stunning property is perfect for those dreaming of waterfront living or seeking an Airbnb-ready investment. With direct access to the water and just minutes away from the harbor, it’s a true boater’s paradise, while the screened-in saltwater pool provides an idyllic spot for sunset views and relaxation. Built in 2019, this home offers 3 spacious bedrooms, each featuring custom walk-in closets, and 2 beautifully updated bathrooms with high-end finishes. Boasting 2,029 sqft of meticulously designed living space, the open floor plan seamlessly connects the indoors to the outdoors through pocket sliders that open into the expansive lanai area. The master suite is a true retreat, designed like a luxury resort with a large spa shower, soaking tub, and elegant details throughout. The owners have spared no expense in recent upgrades, ensuring a healthy, elevated waterfront lifestyle. Within the past 6-12 months, the home has been thoughtfully enhanced with new carpet throughout (the owners are shoe-free!), a state-of-the-art water purification system, and a UV air filtration system for optimal air quality. The back lanai features high-grade Cat 5 hurricane-rated screening, and the front screened-in patio also enhances outdoor living. Other updates include new appliances, a saltwater softener system, a saltwater pool system with a heater that reaches up to 105°F for year-round enjoyment, and a recently installed central AC system, including a cooling unit in the 3-car garage to keep the home gym comfortable during summer months. The home also includes a fully outfitted home gym in the garage, valued at over $45K, featuring premium Rogue and Peloton equipment. The entire property has been thoughtfully remodeled with custom lighting, door hardware, faucets, and fixtures—every detail considered for style and function. The home’s modern, elevated design is one of the few in the area and stands out for its resilience to storm damage, thanks to its elevated build, stem walls in the canal, and hurricane-rated windows, doors, and pool screens. You have the option to purchase this home fully furnished, with carefully curated luxury pieces from top boutiques like Anthropologie, Pottery Barn, Sleep Number, and Modern Living. Every piece was custom-measured and installed to complement the home’s sophisticated design. With its impeccable craftsmanship, unbeatable location, and luxury finishes, this home is truly one-of-a-kind. Whether you're looking for a permanent Florida retreat or a high-end investment property, this home offers it all. Schedule a private showing today to experience the ultimate in waterfront living!

Details

Property type

Single Family Residence

Est. home value

$937,260

Lot size

0.31 acres

Price per sq ft

$493

Year built

2019

Annual property taxes

$12,346.34

HOA

No

Price History

01/22/2025
StellarMLS

StellarMLS #C7503920

Listed
$999,500
-4.81%
01/20/2025
StellarMLS

StellarMLS #C7502723

Removed
$1,050,000
01/03/2025
StellarMLS

StellarMLS #C7502723

Listed
$1,050,000
+5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$386,233
Asking price
$999,500
Closing costs (~8% of asking)
-$79,960
Est. remaining loan balance
-$533,307
Cash to seller
$386,233

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Solution Lenders Inc

Loan start date

July 2020

Original loan amount

$590,520

Est. remaining balance

$533,307

Interest rate

3.15%

Loan type

VA, 30 year

Seller

Timothy N Madden and Kristina M Madden

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/24/2025 at 4:50 AM

Listing updated: 01/23/2025 at 2:45 PM

Listed by: Christopher Grant, RE/MAX ANCHOR OF MARINA PARK Phone #: (941) 205-2004

MLS: StellarMLS #C7503920

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Recently listed in PUNTA GORDA