28427 Sabal Palm Dr, Punta Gorda, FL 33982

Welcome to this one-of-a-kind, high-elevation waterfront property in the Palm Shores community, featuring a detached guest suite and a 3rd car garage. The current owner has a transferable flood policy at only $1,048 per year. Situated on a rare double lot (.43 acres) with 160 feet of water frontage on a 60-foot-wide deep saltwater canal, this home offers direct access by power or sailboat to the Peace River, Charlotte Harbor, and the Gulf of Mexico—ideal for boating and fishing. The detached 744 sq. ft. guest suite, built in 2020, includes a one-bedroom, one-bathroom layout with its own kitchen, in-suite laundry, vaulted ceilings, French-door entrance, and a charming paver patio overlooking the water. It offers comfort and privacy with its own A/C, hot water, septic system, and one-car garage. This versatile space is perfect for guests, a private office, workshop, or even rental income. The main house, built by Fero Homes, is a one-owner property thoughtfully renovated to blend modern luxury with timeless charm. Newer impact windows throughout ensure both natural light and peace of mind. The home features new luxury vinyl plank flooring and ceramic tile throughout, an open-concept split floor plan, and a wood-burning fireplace that adds warmth to the living area. The updated kitchen and living spaces flow seamlessly, with vaulted ceilings creating an open, airy atmosphere. Freshly painted in neutral tones, the home offers a calm, welcoming environment. A whole-home reverse osmosis system, installed in 2024, guarantees pristine water quality for both buildings. The roof was replaced in 2020, providing additional peace of mind. Step outside through the French doors to a nearly 400 sq. ft. screened lanai that expands your living space and offers spectacular water views and stunning sunsets. The private master suite includes an updated en-suite bathroom, walk-in closets, and direct access to the lanai, creating a serene retreat with natural surroundings. Outdoor enthusiasts will appreciate the 65-foot updated wood dock with a boat lift and canopy, perfect for docking your boat and enjoying immediate water access. This home offers the ultimate waterfront lifestyle, with updated features and versatile living spaces. Located in Palm Shores, this home is close to local amenities, downtown Punta Gorda, and a nearby nature preserve with trails and wildlife. For golf lovers, the community golf course provides even more outdoor recreation. Don’t miss the chance to own this waterfront gem—schedule your private tour today!