Virtually Staged. An exceptional opportunity to own a spacious, custom-built 2025 home offering nearly 2,900 square feet of living space on an oversized double lot. Now offered at $674,900, this impressive 3-bedroom, 2-bath residence combines quality construction, generous living space, substantial upgrades, and no HOA fees. Offering 2,899 square feet of living area and 4,278 total square feet, the home features an oversized three-car garage with extra-tall garage doors, a large driveway with abundant additional parking, and high-impact windows and doors throughout. Additional upgrades include a Generac whole-house backup power system with a 500-gallon propane tank, whole-house water filtration system, tankless propane water heater, and an extra-large covered lanai ideal for enjoying Florida's outdoor lifestyle. Situated on a double lot in a desirable North Port neighborhood convenient to shopping, dining, entertainment, recreation, and the growing Wellen Park area, this home offers exceptional space and flexibility without the expense of HOA fees. With a final builder cost of approximately $860,000, this property is now offered substantially below its construction cost. Comparable new homes in nearby Wellen Park can exceed $1 million, making this custom home an opportunity that deserves a closer look. Come experience the space, quality, and value of this exceptional North Port home for yourself. I especially like moving “2025,” “$674,900,” “nearly 2,900 square feet,” “double lot,” and “no HOA” into the first paragraph. Those are some of Balmor's strongest advantages based on the competition we just reviewed. One other thought: I'd replace “Come see it for yourself before this opportunity is gone!” The house has been on the market 54 days, so that urgency line isn't helping us much. “Come experience the space, quality, and value…” sounds more credible and upscale.
New construction
Price cut: $25K (9/15)
$674,900
5223 BALMOR TERRACE, NORTH PORT, FL 34288
3beds
2,899sqft
Single Family Residence
Built in 2025
0.47 Acres Lot
$659,300 Zestimate®
$233/sqft
$-- HOA
What's special
Tankless propane water heaterOversized double lotExceptional space and flexibility
- 60 days
- 84
- 1
Zillow last checked:
Listing updated:
Listed by:
Frank DeFede 740-517-5224,
FINE PROPERTIES 941-782-0000
Source: Stellar MLS,MLS#: N6145325
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Den/Library/Office
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Area: 298 Square Feet
- Dimensions: 14.9x20
Bedroom 1
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 2
- Features: Ceiling Fan(s), Dual Closets
- Level: First
- Area: 167.7 Square Feet
- Dimensions: 13x12.9
Primary bathroom
- Features: Multiple Shower Heads, Linen Closet
- Level: First
- Area: 182 Square Feet
- Dimensions: 13x14
Balcony porch lanai
- Features: Ceiling Fan(s)
- Level: First
- Area: 495.45 Square Feet
- Dimensions: 36.7x13.5
Dining room
- Level: First
- Area: 2025 Square Feet
- Dimensions: 15x135
Great room
- Features: Ceiling Fan(s)
- Level: First
- Area: 667.92 Square Feet
- Dimensions: 26.4x25.3
Kitchen
- Features: Kitchen Island
- Level: First
- Area: 240 Square Feet
- Dimensions: 15x16
Laundry
- Features: Linen Closet
- Level: First
Office
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 183.3 Square Feet
- Dimensions: 14.1x13
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Water Filtration System
- Laundry: Electric Dryer Hookup, Laundry Closet, Laundry Room, Washer Hookup
Features
- Coffered Ceiling(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 4,278
- Total interior livable area: 2,899 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Oversized
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Size: 0.47 Acres
- Features: Oversized Lot
Details
- Parcel number: 1008252924
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Metal
Condition
- Completed
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Propane, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BLK 2529 51ST ADD TO PORT CHARLOTTE FL 34288
HOA
- Has HOA: No
Location
- Region: North Port
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $30,700
- Annual tax amount: $1,046
- Date on market: 8/12/2026
- Cumulative days on market: 60 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$659,300
$626,000 - $692,000
$2,938/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $674,900-3.6%$233/sqft |
Source: | ||
| 8/12/2026 | Listed for sale | $699,900+24034.5%$241/sqft |
Source: | ||
| 2/1/1990 | Sold | $2,900$1/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,016 +0.6% | $30,700 -5.1% |
| 2024 | $1,010 +12.2% | $32,340 +10% |
| 2023 | $900 +96.5% | $29,400 +317.6% |
| 2022 | $458 +11.4% | $7,040 +10% |
| 2021 | $411 +1.9% | $6,400 +4.6% |
| 2020 | $403 +2.6% | $6,120 +10% |
| 2019 | $393 | $5,564 -2.4% |
| 2018 | $393 +0.9% | $5,700 +24% |
| 2017 | $389 +9.6% | $4,598 -8% |
| 2016 | $355 | $5,000 +31.6% |
| 2015 | $355 +3.9% | $3,800 -7.3% |
| 2014 | $342 -2.3% | $4,100 |
| 2013 | $350 +32.2% | $4,100 |
| 2012 | $265 -2.2% | $4,100 -14.6% |
| 2011 | $271 -0.9% | $4,800 -2% |
| 2010 | $273 -21.3% | $4,900 -24.6% |
| 2009 | $347 | $6,500 -23.5% |
| 2008 | $347 -53.1% | $8,500 -77.2% |
| 2007 | $740 | $37,200 -9.5% |
| 2006 | -- | $41,100 +107.6% |
| 2005 | -- | $19,800 +321.3% |
| 2004 | $169 +31.1% | $4,700 +88% |
| 2003 | $129 +0.1% | $2,500 |
| 2002 | $128 +20.2% | $2,500 +56.3% |
| 2001 | $107 -0.2% | $1,600 |
| 2000 | $107 | $1,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34288
Nearby schools
Schools provided by the listing agent
- Elementary: Atwater Bay Elementary
- Middle: Woodland Middle School
- High: North Port High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






