7 months on rocket

5000 Palermo Dr, Punta Gorda, FL, 33950

$1,699,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,709 SqFt
$627/SqFt
House
Schools Nearby

Location

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5000 Palermo Dr, Punta Gorda$1,699,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, Oversized
Attached Garage2 spaces
Year Built2020
HeatingCentral, Electric
CoolingCentral Air
WaterfrontCanal
ViewPool, Trees/Woods, Water
Private PoolYes
MLS #C7480773
Lot Size0.23 Acres
StatusActive

About 5000 Palermo Dr

ONE-OF-A-KIND WATERFRONT 3 Bedroom, 3 Bathroom, OVERSIZED 2 Car Garage Pool home with an Office on a quiet cul-de-sac located in highly desired Burnt Store Isles. Situated on a KEY LOT with 140-foot concrete seawall, a PRIVATE 120-foot tiled-concrete dock with a 16,000-pound boat lift, electricity, and water. SAILBOAT ACCESS to Charlotte Harbor and on to the Gulf of Mexico makes this home a boater's dream! Enter through 10 foot arched elegant double-entry custom doors with wrought iron to the grand foyer with inlay mosaic design. The great room has a beautiful cedar ceiling with exposed beams and remote 12-blade fan. Awe your guests with the BREATHTAKING water views and 10-foot zero corner sliding glass doors leading to the the lanai. A large wine bar with lighted cabinets has a wine refrigerator holding 21 bottles. A Miele coffee system allows you to make the perfect espresso, latte macchiato, or cappuccino with a built-in reverse osmosis system. The private office has leaded soft close doors and built in custom-made shelves and drawers. Custom cabinets span the GOURMET kitchen with the refrigerator and freezer integrated clad in the cabinet wood, granite countertops, copper farmhouse sink, waterfall island with breakfast bar, glass backsplash, large closet pantry, gas range, and ALL Stainless steel Thermador appliances except for a Miele steam oven, and two additional convection/microwave ovens, makes this the ideal kitchen for entertaining. A custom copper ceiling provides indirect lighting and a copper exhaust hood that has a 1500 cfm exhaust fan. A large dining room overlooks the pool and canal for a CAPTIVATING water-view while dining. The Large Master has an INCREDIBLE view of the water, and spacious walk-in closet with built-in shelving & access to the laundry room. The master bathroom has a Toto Japanese automatic bidet/toilet, two unique glass blown sinks, large granite top vanity, under cabinet lighting, in-cabinet mirrors, Roman walk-in shower with a one-of-a-kind HAND CARVED glass shower enclosure. One guest room overlooks the canal and lanai, with a coffered ceiling with a custom painted sky scene, walk-in closet, and private attached bathroom with a large custom tile shower, steam bath, delta signature fixtures, handicap height wall mounted Toto Japanese bidet/toilet & urinal with direct pool/lanai access. The third bedroom is spacious with a walk-in closet and private bathroom with marble tiled shower and Toto Japanese bidet/toilet & urinal. With a deep granite sink, plenty of counter space, and ductless Bosch washer & dryer, laundry day will be a breeze! The lanai is sure to be your private oasis with French lay Leonardo stone, where you can serve up lunch with an outdoor kitchen, take a dip in the crystal waters of the custom saltwater pool, or enjoy the beautiful Florida weather and sunsets from the pool deck. Lush landscaping and an abundance of wildlife including manatees, eagles, osprey, and numerous other birds and fish complete the luxury coastal feel. Experience endless sunrises and sunsets from the private dock where you will set sail for water adventures. HURRICANE IMPACT WINDOWS/DOORS - WATER SAVING SPRINKLER SYSTEM - HEATED & AIR CONDITIONED GARAGE - 20KW KOHLER WHOLE HOME GAS GENERATOR - 500 GALLON UNDERGROUND TANK. Too many gorgeous and unique features to list here! THIS HOME WILL TAKE YOUR BREATH AWAY! Minutes from Golf, Fishermen's Village, & downtown Punta Gorda. Schedule your showing TODAY! Room Feature: Linen Closet In Bath (Bedroom 2).

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Mediterranean
  • Year Built: 2020
  • Living Area: 2,709 SqFt

Listing Office:

  • Office Name: KW PEACE RIVER PARTNERS
  • Office Phone: (941) 875-9060
  • Listing Agent: Matthew Patterson

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dishwasher, Dryer, Range Hood, Refrigerator, Washer
  • Flooring Type: Marble, Tile
  • Interior: Built-in Features, Ceiling Fans(s), Crown Molding, High Ceilings, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Pool, Trees/Woods, Water
  • Exterior: Irrigation System, Lighting, Outdoor Kitchen, Private Mailbox, Rain Gutters, Sliding Doors, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, Oversized

Virtual/3D Tour

  • Virtual Tour: 5000 Palermo Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Flood Zone, City Lot, Key Lot, Landscaped, Near Golf Course, Dead End Street, Paved
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Charlotte High School, Public District Grades 9-12
  • Punta Gorda Middle School, Public District Grades 6-8
  • Sallie Jones Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: US 41 South, Right on Madrid Blvd, Left on Monaco Dr, Right on Portofino Dr, Left on Palermo Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,000
  • Price Per SqFt: $627/SqFt

Tax Information:

  • Annual Amount: $3,759
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$377.2K

Med. Price/SqFt

$227

Avg. Days On Market

85

# of Sold Homes

318

5000 Palermo Dr vs Punta Gorda

213 DAYS ON ROCKET

+128 Days

$1,699,000

+$1.3M More

$627/SqFt

+$400 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $400/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: #C7480773

Listing Office:

  • Office Name: KW PEACE RIVER PARTNERS
  • Office Phone: (941) 875-9060
  • Listing Agent: Matthew Patterson

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

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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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/5/2024, 3:20:00 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

Sep 17, 2018Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,759$195,436
2019$3,209$170,000
2018$3,209$165,750
2017$2,950$148,750

History based on county public records data.

Payment Calculator

$8,547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,160

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.

Elementary School

school-card-donut-6540731
7
/10
  • Sallie Jones Elementary School

  • 1230 Narranja St

  • 3.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6540732
3
/10
  • Punta Gorda Middle School

  • 1001 Education Ave

  • 3.26 miles

  • Public District Grades 6-8

High School

school-card-donut-6540733
4
/10
  • Charlotte High School

  • 1250 Cooper St

  • 3.27 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,370. Typical income of Punta Gorda, FL residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5000 Palermo Dr

What is the listing price of this property?

The listing price of 5000 Palermo Dr property is $1,699,000.

What type of property is this?

The property 5000 Palermo Dr is a house located in Punta Gorda, Florida, 33950.

Is this property for sale now?

Active Listing: 5000 Palermo Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5000 Palermo Dr are:
Sallie Jones Elementary School: GreatSchools Rating 7/10
Punta Gorda Middle School: GreatSchools Rating 3/10
Charlotte High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,759 (source: MLS/based on county public records data).

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

The last sale was on September 17, 2018 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5000 Palermo Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5000 Palermo Dr is 2,709 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5000 Palermo Dr is 2020.

Rocket Homes›Florida›Charlotte County›Punta Gorda›33950›5000 Palermo Dr

This home is located at 5000 Palermo Dr in Punta Gorda, FL and zip code 33950. This 2,709 square foot home, which was built in 2020, sits on a 0.23 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 05, 2023 and is currently priced at $1,699,000.

While more than 16 listings in Punta Gorda, FL in April 2024 were sold above asking price, there were more than 52 listings sold at asking price, and more than 250 were sold below. The number of homes for sale in Punta Gorda, FL increased by 2.1% between March 2024 and April 2024. Listings spent 85 days on the market in April 2024, and had a median list price of $377,222 during the same period.

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

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