4 months on rocket

8516 Riverside Dr, Punta Gorda, FL, 33982

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Full Baths
2,093 SqFt
$263/SqFt
House

Location

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8516 Riverside Dr, Punta Gorda$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, RV Parking
Attached Garage2 spaces
Year Built1950
HeatingCentral, Electric
CoolingCentral Air
WaterfrontCanal, River Front
ViewPark, Trees/Woods, Water
MLS #C7495868
Lot Size0.88 Acres
StatusActive

About 8516 Riverside Dr

One or more photo(s) has been virtually staged. Enjoy privacy on this huge waterfront lot, and experience the best of fishing and boating from this Punta Gorda gem! Boasting over 200 ft of concrete seawall along the serene shores of Shell Creek, this property offers direct access to the open waters of the Peace River, Charlotte Harbor, Myakka River, Boca Grande, and the Gulf of Mexico – with NO BRIDGES obstructing your journey. Set on a generous .88-acre waterfront lot, this classic mid-century home has been tastefully updated. Step inside to discover an open, split-floor plan that seamlessly combines comfort and style. The expansive Living/Great Room features large windows that frame views of the waterfront. The Primary Bedroom, with its French doors leading to a wrap-around screened lanai, offers picturesque views of the tranquil setting, and the updated Ensuite Bath is a highlight, featuring a gorgeous claw-foot bathtub, pedestal sink and a spacious tiled shower with bench. The second and third bedrooms are both generously sized and include cedar walk-in closets and elegant wood plank ceilings. They share an updated bathroom with a tiled shower and a cedar linen closet. Beautiful archways frame the large L-shaped Kitchen and Dining area that is perfect for versatile dining and entertaining. The kitchen has been totally redesigned and updated with new cabinets, countertops, tile backsplash, and stainless appliances, and it provides access to both the rear screened lanai and front porch, meaning seamless entertaining opportunities. Additional features include TILE FLOORING THROUGHOUT, new HURRICANE IMPACT WINDOWS, an updated breaker panel, and new AIR CONDITIONER and METAL ROOF installed in 2017. With three tankless water heaters (two installed and a third as backup), you will never run out of hot water. The attached two-car garage includes an adjoining shed, ideal for a workshop or outdoor equipment, and the spacious property includes ample room for parking recreational vehicles or watercraft. The fully fenced yard, complete with irrigation via city water, enhances the mature landscaping and creates a park-like atmosphere. Conveniently located near downtown Punta Gorda, shopping, dining, medical facilities, I-75, and nearby airports, this home offers both charm and practicality. Don’t miss out—view the virtual tour for a 3D look at the floorplan and see for yourself why this move-in ready charmer is a must-see!

Property Details

Property Features

Property Information:

  • Architectural Style: Florida, Ranch
  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,093 SqFt

Listing Office:

  • Office Name: WALKER REALTY GROUP FLORIDA
  • Office Phone: (941) 621-8710
  • Listing Agent: Crystal Coovert

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Softener
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal, River Front
  • View: Park, Trees/Woods, Water
  • Exterior: Lighting, Sliding Doors, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Off Street, RV Parking

Lot Features

Lot Information:

  • Lot: Irregular Lot, Oversized Lot, Dead End Street, Paved
  • Lot Size: 0.88 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hwy 17 North, turn left on Riverside Drive. Home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $263/SqFt

Tax Information:

  • Annual Amount: $3,620
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Punta Gorda, FL.

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Punta Gorda, FL

City

Med. Sold Price

$375K

Med. Price/SqFt

$220

Avg. Days On Market

81

# of Sold Homes

153

8516 Riverside Dr vs Punta Gorda

141 DAYS ON ROCKET

+60 Days

$550,000

+$174.9K More

$263/SqFt

+$43 More

KEY TAKEAWAY

This property is $174.9K more than the Median Sold Price and $43/SqFt more than other homes in Punta Gorda, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #C7495868

Listing Office:

  • Office Name: WALKER REALTY GROUP FLORIDA
  • Office Phone: (941) 621-8710
  • Listing Agent: Crystal Coovert

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:19:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 11, 2012Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,620$227,804
2019$3,239$222,682
2018$3,240$218,530
2017$3,225$214,035

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1098007
6
/10

  • Deep Creek Elementary School

  • 26900 Harbor View Rd

  • 3.14 miles

  • Public District Grades PK-5

school-card-donut-1098008
6
/10

  • East Elementary School

  • 27050 Fairway Dr

  • 3.50 miles

  • Public District Grades PK-5

school-card-donut-1098009
7
/10

  • Sallie Jones Elementary School

  • 1230 Narranja St

  • 5.88 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,465. Most Punta Gorda, FL residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8516 Riverside Dr

What is the listing price of this property?

The listing price of 8516 Riverside Dr property is $550,000.

What type of property is this?

The property 8516 Riverside Dr is a house located in Punta Gorda, Florida, 33982.

Is this property for sale now?

Active Listing: 8516 Riverside Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,620 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 11, 2012 for $130,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8516 Riverside Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8516 Riverside Dr is 2,093 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8516 Riverside Dr is 1950.

Rocket Homes›Florida›Charlotte County›Punta Gorda›33982›8516 Riverside Dr

This home is located at 8516 Riverside Dr in Punta Gorda, FL and zip code 33982. This 2,093 square foot home, which was built in 1950, sits on a 0.88 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 03, 2024 and is currently priced at $550,000.

In November 2024, from all listings sold in Punta Gorda, FL there were more than 5 sold above asking price, over 114 sold below and more than 34 were sold right at the asked price. In November 2024 in Punta Gorda, FL there were 12.1% more homes for sale than in October 2024. While the average time on the market in November 2024 was 81 days, the median list price was $375,027.

From Rocket Homes Real Estate and based on county public records data.

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