WATERFRONT LUXURY LIVING – “LUKE BROTHERS” CUSTOM MINI ESTATE HOME IN SOUTH GULF COVE! This spectacular 3-bedroom, 3.5-bath, 3-car garage waterfront pool home offers the ultimate blend of luxury, comfort, and Florida coastal charm. Sitting proudly on almost a half-acre sailboat water tip lot with 149 feet of concrete seawall and mesmerizing views of intersecting canals! This property has one of the closest locations to the lock with immediate access to the river! From your covered composite dock with water and electric, a 10,000 LB boat lift, and a lower deck perfect for kayak access, you’ll have quick access to Charlotte Harbor and the Gulf of Mexico. Step inside and feel the elegance immediately. With over 3,200 sq ft of meticulously designed space, this home features two master suites, each with its own private ensuite bath and lanai access. Volume ceilings soar high above with lighted double tray details in the great room, dining room, and both master suites—adding brilliance to every gathering. The porcelain plank tile flooring, plantation shutters, and crown molding create a polished and timeless appeal throughout. The grand center island kitchen is a chef’s dream, complete with rich wood cabinetry, under-cabinet lighting, and Cambria quartz countertops that flow seamlessly through the entire home. Enjoy a built-in pantry with pull-out drawers, slow-close cabinets, and a lighted quartz bar that makes entertaining effortless. Every glance from the kitchen, dining area, and great room leads your eyes to the sparkling pool and wide canal views. Each bedroom is generously sized with walk-in closets, lighted tray ceilings, and spa-inspired bathrooms featuring quartz counters, dual sinks, and tiled walk-in showers with glass enclosures. The oversized three-car garage offers epoxy flooring, a built-in workshop, and a central vacuum system. The brick paver driveway and double leaded-glass entry doors set an impressive tone, while the paver pool deck, under-fascia lighting, and lighted dock path make evenings magical. With sprayed attic insulation, your home stays cool and efficient year-round. Located in the highly desirable South Gulf Cove waterfront community, this property offers convenient access to shopping, dining, Town Center Mall, Boca Grande beaches, and the beautiful Gulf waters. Whether boating, fishing, or relaxing by the pool and spa, every day feels like paradise in this high-quality, custom-built home. Schedule your private showing today and experience waterfront luxury at its finest!
Sold for $1,350,000
$1,350,000
15516 Margo Cir, Port Charlotte, FL 33981
3beds
3,208sqft
Single Family Residence
Built in 2017
0.39 Acres Lot
$1,345,000 Zestimate®
$421/sqft
$7,459 Estimated rent
Home value
$1,345,000
$1.21M - $1.49M
$7,459/mo
Zestimate® history
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List your homeWhat's special
Paver pool deckCovered composite dockLighted dock pathBuilt-in workshopTwo master suitesCenter island kitchenSailboat water tip lot
Zillow last checked:
Listing updated:
Listed by:
Rhonda Gustitus 941-426-4394,
KW PEACE RIVER PARTNERS 941-875-9060
Bought with:
Michelle Finley, 3468043
PARADISE EXCLUSIVE INC
Source: Stellar MLS,MLS#: C7516662
Originating MLS: Port Charlotte
Originating MLS: Port Charlotte
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Great Room, Utility Room
Other
- Features: Walk-In Closet(s)
- Level: First
- Area: 195 Square Feet
- Dimensions: 15x13
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 266 Square Feet
- Dimensions: 19x14
Bedroom 3
- Features: Walk-In Closet(s)
- Level: First
- Area: 240 Square Feet
- Dimensions: 16x15
Primary bathroom
- Level: First
- Area: 96 Square Feet
- Dimensions: 12x8
Bathroom 2
- Level: First
- Area: 99 Square Feet
- Dimensions: 11x9
Balcony porch lanai
- Level: First
- Area: 696 Square Feet
- Dimensions: 58x12
Dining room
- Level: First
- Area: 180 Square Feet
- Dimensions: 15x12
Foyer
- Level: First
- Area: 64 Square Feet
- Dimensions: 8x8
Great room
- Level: First
- Area: 504 Square Feet
- Dimensions: 24x21
Kitchen
- Level: First
- Area: 272 Square Feet
- Dimensions: 17x16
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Features
- Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
- Flooring: Tile
- Doors: Outdoor Grill, Outdoor Kitchen, Sliding Doors
- Windows: Shutters, Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 5,198
- Total interior livable area: 3,208 sqft
Property
Parking
- Total spaces: 3
- Parking features: Boat, Driveway, Garage Door Opener, Golf Cart Parking, Guest, RV Access/Parking
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 33x30
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened
- Exterior features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sidewalk, Storage
- Has private pool: Yes
- Pool features: Deck, Gunite, Heated, In Ground, Outside Bath Access, Screen Enclosure
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Pool, Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Canal - Brackish, Bay/Harbor Access, Brackish Canal Access, Freshwater Canal Access, Saltwater Canal Access, Gulf/Ocean Access, River Access, Bridges - No Fixed Bridges, Lift - Covered, Sailboat Water, Seawall
- Body of water: TATE WATERWAY
Lot
- Size: 0.39 Acres
- Dimensions: 63 x 189 x 149 x 134
- Features: In County, Irregular Lot, Landscaped, Oversized Lot
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Additional structures: Outdoor Kitchen
- Parcel number: 412115201004
- Zoning: RSF3.5
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 2017
Details
- Builder name: Luke Brothers
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Public
Green energy
- Indoor air quality: No Smoking-Interior Buildg
Community & HOA
Community
- Features: Community Boat Ramp, Fishing, Public Boat Ramp, Water Access, Dog Park, Golf Carts OK, Park, Playground
- Security: Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: PORT CHARLOTTE SEC 093
HOA
- Has HOA: No
Location
- Region: Port Charlotte
Financial & listing details
- Price per square foot: $421/sqft
- Tax assessed value: $1,072,569
- Annual tax amount: $18,044
- Date on market: 10/23/2025
- Cumulative days on market: 82 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Sold | $1,350,000-3.2%$421/sqft |
Source:  Stellar MLS #C7516662 Report a problem | ||
| 1/14/2026 | Pending sale | $1,395,000$435/sqft |
Source: Stellar MLS #C7516662 Report a problem | ||
| 1/7/2026 | Price change | $1,395,000-3.8%$435/sqft |
Source: Stellar MLS #C7516662 Report a problem | ||
| 10/23/2025 | Price change | $1,450,000+1%$452/sqft |
Source: Stellar MLS #C7516662 Report a problem | ||
| 10/8/2025 | Price change | $1,435,000-2%$447/sqft |
Source: Owner Report a problem | ||
| 9/21/2025 | Price change | $1,465,000-2%$457/sqft |
Source: Owner Report a problem | ||
| 8/12/2025 | Listed for sale | $1,495,000-11.8%$466/sqft |
Source: Owner Report a problem | ||
| 4/28/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/28/2025 | Price change | $1,695,000-3.1%$528/sqft |
Source: Owner Report a problem | ||
| 1/20/2025 | Listed for sale | $1,749,000+820.5%$545/sqft |
Source: Owner Report a problem | ||
| 12/10/2015 | Sold | $190,000-5%$59/sqft |
Source: Agent Provided Report a problem | ||
| 7/21/2015 | Price change | $199,900-12.7%$62/sqft |
Source: GULFCOAST REALTY INTERNATIONAL #C7212332 Report a problem | ||
| 7/14/2015 | Listed for sale | $229,000+157.3%$71/sqft |
Source: GULFCOAST REALTY INTERNATIONAL #C7212332 Report a problem | ||
| 6/9/2015 | Sold | $89,000-65.6%$28/sqft |
Source: Public Record Report a problem | ||
| 6/9/2015 | Listed for sale | $259,000$81/sqft |
Source: GULFCOAST REALTY INTERNATIONAL #C7212332 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,545 -2.8% | $1,072,569 +3.3% |
| 2024 | $18,045 +1.8% | $1,038,767 +10% |
| 2023 | $17,733 +16.1% | $944,334 +10% |
| 2022 | $15,274 +10.7% | $858,485 +10% |
| 2021 | $13,801 +6.5% | $780,441 +10% |
| 2020 | $12,955 +7.8% | $709,492 +10% |
| 2019 | $12,022 +15.6% | $644,993 +10% |
| 2018 | $10,401 | $586,357 +290.6% |
| 2017 | $10,401 +286.4% | $150,111 +20.5% |
| 2016 | $2,692 +10.3% | $124,611 +31.9% |
| 2015 | $2,440 +17% | $94,477 +10% |
| 2014 | $2,087 | $85,888 |
Find assessor info on the county website
Neighborhood: 33981
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Nearby schools
GreatSchools rating
- 6/10Myakka River Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 7/10L. A. Ainger Middle SchoolGrades: 6-8Distance: 5.5 mi
- 5/10Lemon Bay High SchoolGrades: 9-12Distance: 8.2 mi
Schools provided by the listing agent
- Elementary: Myakka River Elementary
- Middle: L.A. Ainger Middle
- High: Lemon Bay High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,345,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,345,000
- Florida
- Charlotte County
- Port Charlotte
- 33981
- 15516 Margo Cir
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