Prime 5 acre Commercial site on Midway Rd. Surrounded by roads on 4 sides. Midway is a rapidly growing main corridor connecting I-95 & US 1. Amazon has built a 1 million sf distribution facility at Midway and I-95 only 1.3 miles west of this site. The nation's largest Wavegarden Surf Park is to be located at the NW quadrant of Midway and I-95. (200 acres to include 800 homes, 600 hotel rooms and 400,000 sq ft retail space). New Turnpike interchange is in planning stages immediately west of the site. Traffic lights are possibly coming to each end of this property see attached sketch in documents tab. Also coming to Midway Rd.- Wylder a 1,970-acre 4,000 home community in the SW quadrant of I-95 and Midway Rd. Click on ''more'' line to see additional information.
This property is $3.5M more than the Median Sold Price in Port Charlotte, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10738045
Listing Office:
Office Name: Coldwell Banker Paradise
Office Phone: (772) 461-3250
Listing Agent: Thomas Rouse
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/5/2024, 5:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19.5K
Per Month
Principal & Interest
$19.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.7K
Powered By
Advertisement
NMLS#3030
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
6
/10
Meadow Park Elementary School
3131 Lake View Blvd
Distance between this listing and this school2.37 miles
Public District Grades PK-5
Middle School
3
/10
Murdock Middle School
17325 Mariner Way
Distance between this listing and this school3.91 miles
Public District Grades 6-8
High School
3
/10
Port Charlotte High School
18200 Cochran Blvd
Distance between this listing and this school3.79 miles
Public District Grades 9-12
Assigned Schools
6
/10
Meadow Park Elementary School
3131 Lake View Blvd
Distance between this listing and this school2.37 miles
Public District Grades PK-5
Nearby Schools
4
/10
Peace River Elementary School
22400 Hancock Ave
Distance between this listing and this school3.52 miles
Public District Grades PK-5
5
/10
Neil Armstrong Elementary School
22100 Breezeswept Ave
Distance between this listing and this school4.42 miles
Public District Grades PK-5
Assigned Schools
3
/10
Murdock Middle School
17325 Mariner Way
Distance between this listing and this school3.91 miles
Public District Grades 6-8
Nearby Schools
5
/10
Port Charlotte Middle School
23000 Midway Blvd
Distance between this listing and this school4.71 miles
Public District Grades 6-8
3
/10
Punta Gorda Middle School
1001 Education Ave
Distance between this listing and this school6.22 miles
Public District Grades 6-8
Assigned Schools
3
/10
Port Charlotte High School
18200 Cochran Blvd
Distance between this listing and this school3.79 miles
Public District Grades 9-12
Nearby Schools
6
/10
Charlotte Virtual Franchise
1445 Education Way
Distance between this listing and this school3.69 miles
Public District Grades 6-12
4
/10
Charlotte High School
1250 Cooper St
Distance between this listing and this school6.04 miles
The neighbors living near this home have an average income of $46,087. Typical income of Port Charlotte, FL residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5501 W Midway Rd
What is the listing price of this property?
The listing price of 5501 W Midway Rd property is $3,900,000.
What type of property is this?
The property 5501 W Midway Rd is land located in Port Saint Lucie, Florida, 34983.
Is this property for sale now?
Active Listing: 5501 W Midway Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5501 W Midway Rd are: Meadow Park Elementary School: GreatSchools Rating 6/10Murdock Middle School: GreatSchools Rating 3/10Port Charlotte High School: GreatSchools Rating 3/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5501 W Midway Rd in Port Saint Lucie, FL and zip code 34983. This home sits on a 4.94 acre lot. It has been listed on Rocket Homes since August 12, 2021 and is currently priced at $3,900,000.
Over 31 listings were sold over their listed price in April 2024 in Port Charlotte, FL. In the same period over 221 listings were sold below the listed price and 64 listings were sold for the listed price. The number of homes for sale in Port Charlotte, FL increased by 4% between March 2024 and April 2024. The median list price of listings available in April 2024 was $325,048, while the average time on the real estate market was 66 days.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
PGA/LPGA
PGA/LPGA
Figure Skating
Extreme Sports
Stein Mart
Kmart
Academy Sports & Outdoors
Bob Evans
Little Caesars
Cracker Barrel
Lincoln
Buick
Chevrolet
News/Talk/Information
Oldies
Adult Standards