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Sold for $575,000
  • $575,000

    5007 Palermo Dr, Punta Gorda, FL 33950

    4beds
    2,474sqft
    Single Family Residence
    Built in 1990
    0.28 Acres Lot
    $554,400 Zestimate®
    $232/sqft
    $3,687 Estimated rent

    Home value

    $554,400

    $499,000 - $621,000

    $3,687/mo

    Zestimate® history
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    What's special

    Granite countersSailboat water tip lotOpen floor planOverlooking charlotte harbor preserveHuge primary bedroomBoat lift and dockKitchen with breakfast bar
    Custom built 4-bedroom 2 bath pool home Located in Burnt Store Isles, Beautiful sailboat water tip lot overlooking Charlotte harbor preserve with over 158 ft saltwater frontage, concrete seawall boat lift and dock, being sold fully furnished turn key, open floor plan, kitchen with breakfast bar and granite counters Living areas have multiple sliders to lanai Huge primary bedroom also with access to lanai and pool Whole house generator, Roof 2023 Central ac and mini splits in bedrooms for extra individual cooling

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Kidwell, SR PA 941-286-4813,

    PARADISE REALTY OF SARASOTA 941-268-1591

    Bought with:

    Shane O'Reilly, 3581124

    AVENUE SUNSHINE REAL ESTATE

    Source: Stellar MLS,MLS#: A4641412MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 286 Square Feet
    • Dimensions: 22x13
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 4
    • Features: Built-in Closet
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Balcony porch lanai
    • Level: First
    • Area: 325 Square Feet
    • Dimensions: 25x13
    Dining room
    • Level: First
    • Area: 112 Square Feet
    • Dimensions: 14x8
    Great room
    • Level: First
    • Area: 306 Square Feet
    • Dimensions: 18x17
    Kitchen
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Open Floorplan, Solid Surface Counters, Split Bedroom
    • Flooring: Laminate, Tile
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 3,259
    • Total interior livable area: 2,474 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    • Details: Garage Dimensions: 25x21
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Gunite, Heated
    • Has view: Yes
    • View description: Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Canal - Saltwater, Saltwater Canal Access, Gulf/Ocean Access, Bridges - No Fixed Bridges, Lift, Sailboat Water, Seawall
    Lot
    • Size: 0.28 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: 412329258007
    • Zoning: GS-3.5
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: PUNTA GORDA ISLES SEC 15
    HOA
    • Has HOA: Yes
    • HOA fee: $4 monthly
    Location
    • Region: Punta Gorda

    Financial & listing details

    • Price per square foot: $232/sqft
    • Tax assessed value: $631,176
    • Annual tax amount: $11,063
    • Date on market: 2/19/2025
    • Cumulative days on market: 88 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/8/2025Sold$575,000-1.7%$232/sqft
    Source: Stellar MLS #A4641412 Report a problem
    6/18/2025Pending sale$585,000$236/sqft
    Source: Stellar MLS #A4641412 Report a problem
    6/10/2025Listed for sale$585,000$236/sqft
    Source: Stellar MLS #A4641412 Report a problem
    6/4/2025Pending sale$585,000$236/sqft
    Source: Stellar MLS #A4641412 Report a problem
    5/28/2025Price change$585,000-10%$236/sqft
    Source: Stellar MLS #A4641412 Report a problem
    5/5/2025Listed for sale$650,000$263/sqft
    Source: Stellar MLS #A4641412 Report a problem
    4/29/2025Pending sale$650,000$263/sqft
    Source: Stellar MLS #A4641412 Report a problem
    4/10/2025Listed for sale$650,000-10.3%$263/sqft
    Source: Stellar MLS #A4641412 Report a problem
    3/25/2025Listing removed$724,900$293/sqft
    Source: Stellar MLS #A4641412 Report a problem
    2/20/2025Listed for sale$724,900+40.8%$293/sqft
    Source: Stellar MLS #A4641412 Report a problem
    12/27/2018Sold$515,000-2.8%$208/sqft
    Source: Public Record Report a problem
    12/10/2018Pending sale$529,900$214/sqft
    Source: Keller Williams Realty #C7402065 Report a problem
    11/13/2018Price change$529,900-3.6%$214/sqft
    Source: Keller Williams Realty #C7402065 Report a problem
    10/24/2018Listed for sale$549,900$222/sqft
    Source: Keller Williams Realty #C7402065 Report a problem
    10/18/2018Pending sale$549,900$222/sqft
    Source: Keller Williams Realty #C7402065 Report a problem
    8/2/2018Price change$549,900-4.2%$222/sqft
    Source: Keller Williams Realty #C7402065 Report a problem
    6/23/2018Price change$574,000-4.2%$232/sqft
    Source: Keller Williams Realty Peace River Partners #C7402065 Report a problem
    6/7/2018Listed for sale$599,000+61.9%$242/sqft
    Source: KW PEACE RIVER PARTNERS #C7402065 Report a problem
    6/14/2011Sold$370,000-7.3%$150/sqft
    Source: Public Record Report a problem
    2/24/2011Price change$399,000-4.8%$161/sqft
    Source: RE/MAX HARBOR REALTY #C7020646 Report a problem
    1/9/2011Listed for sale$419,200+22.2%$169/sqft
    Source: RE/MAX HARBOR REALTY #C7020646 Report a problem
    11/29/2000Sold$343,000+37.2%$139/sqft
    Source: Public Record Report a problem
    10/20/1998Sold$250,000$101/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,093 +0.3%$592,941 +10%
    2024$11,064 +4.6%$539,037 +10%
    2023$10,574 +10.7%$490,034 +10%
    2022$9,553 +23.9%$445,485 +10%
    2021$7,710 +2.1%$404,986 -1.5%
    2020$7,552 -7.4%$411,055 -5.6%
    2019$8,155 +9.9%$435,482 +5.4%
    2018$7,423 $413,179 +9%
    2017$7,423 +7.7%$379,222 +5.6%
    2016$6,893 +2.9%$358,995 +7.1%
    2015$6,696 +6.6%$335,076 +0.4%
    2014$6,281 +7.4%$333,906 +14.2%
    2013$5,849 +13.4%$292,319 -20.3%
    2012$5,159 -7.4%$366,788
    2011$5,570 -1.1%$366,788 +1.5%
    2010$5,631 +8.5%$361,367 +2.7%
    2009$5,187 $351,867 +5.7%
    2007-- $332,953
    2006-- $332,953 +6.1%
    2005-- $313,840 +1.9%
    2004-- $307,988
    2003-- $307,988 +2.4%
    2002$4,861 +0.7%$300,770 +1.6%
    2001$4,824 +10.6%$296,033 +10.2%
    2000$4,362 $268,737
    Find assessor info on the county website

    Neighborhood: 33950

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Punta Gorda Middle
    • High: Charlotte 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
    $554,400
    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
    $554,400