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5024 Palermo Drive, Punta Gorda, FL 33950

$199,000

Estimated Rent: $1,760/mo.Lease with a right to purchase.Learn More

  • For Sale
  • Active
  • Land Residential
  • 0.22 Acres
5024 Palermo Drive, Punta Gorda, FL 33950View this property at 5024 Palermo Drive, Punta Gorda, FL 33950
5024 Palermo DrivePunta GordaFL33950

Property Description

Fantastic, waterfront lot in Burnt Store Isles w/72ft of seawall & sailboat access to Charlotte Harbor. Boat from your backyard & golf right around the corner at Twin Isles Country Club. The lot features a wide, canal-basin view. Build your Florida dream home here! Lot dimensions are 87x120x72x120. Burnt Store Isles is a deed-restricted, waterfront and golf course community w/easy access to US41 & I-75.

Full Property Detailsfor 5024 Palermo Drive

General

  • Price: $199,000
  • HOA FEE: $3/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,181 (2017)
  • Status: Active
  • Type: Land Residential
  • MLS ID: C7208381
  • Updated: 4/9/2018
  • Added: 1, 160 day(s) ago

Property History

  • 5024 Palermo Drive, Punta Gorda, FL
  • Increased to $199,000 on 7/20/17
  • Reduced to $182,000 on 2/13/17
  • Reduced to $187,000 on 1/9/17
  • Increased to $195,000 on 10/2/15
  • Increased to $190,000 on 10/1/15
  • Listed at $179,000 on 2/19/15

Rental Information

  • Complex Features: Deed Restrictions, Golf

Location

  • Area: 33950 - Punta Gorda
  • County: Charlotte
  • Township: 41
  • Subdivision: PUNTA GORDA ISLES SEC 15
  • Driving Directions: From US41, go west on Monaco Dr. Right on Portofino. Left on Palermo. Lot is on left just after Trieste.
  • Direction Faces: South

School Information

  • Elementary School: Sallie Jones Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High

Community

  • Community Name: Burnt Store Isles
  • Home Owners Assn.: Optional

Utilities

  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Sewer Available

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,603
  • Lot Dimensions: 87 x 120 x 72 x 120
  • Frontage: City Street
  • Lot Features: Cleared, Flood Plain, In City Limits; Up to 10, 889 Sq. Ft.
  • Zoning: GS-3.5

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, River
  • Water Extras: Yes

Financial Considerations

  • Price Per Acre: $904,545
  • Association Fee: $40
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Optional
  • Tax Amount: $3,181
  • Tax Year: 2017
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Legal Description: PGI 015 0282 0013 PUNTA GORDA ISLES SEC15 BLK282 LT13 0837/1662 1065-96 2483/2030
  • APN: 412329257004
  • Property ID: 412329257004
  • Plat: 5B29N
  • Range: 23
  • Lot: 13
  • Block/Lot/Section: 282

Listed by Re/Max Harbor Realty

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Lease with a Right to Purchase

Lease with a Right to Purchase

from 
year monthly rent right to purchase
1 $1,760 $212,570
2 $1,830 $223,200
3 $1,900 $234,360
4 $1,970 $246,080
5 $2,040 $258,380

Let Coldwell Banker and Home Partners of America expand your home rental options and put you on a new path to homeownership. If now isn’t the right time to buy a home, but you’d like more attractive options than what’s currently available in the rental market, Home Partners of America’s Lease with a Right to Purchase program could be a great alternative.

Contact us using the form above for more information on this affordable option.

Learn more

Applicant and property must meet certain eligibility requirements. The Monthly Rent and Right to Purchase shown above are estimates only and are based upon certain assumptions. Actual amounts may vary.

Schools

Schoolsserving 5024 Palermo Drive

School District:Charlotte County School District
School Name
Grades
Distance
Sallie Jones Elementary School
1230 Narranja St, Punta Gorda, FL 33950
PK-5
3.2 mi
Punta Gorda Middle School
1001 Education Avenue, Punta Gorda, FL 33950
6-8
3.2 mi
Charlotte High School
1250 Cooper St, Punta Gorda, FL 33950
9-12
3.2 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 5024 Palermo Drive

Listed by Re/Max Harbor Realty

5024 Palermo Drive, Punta Gorda, FL 33950 (MLS# C7208381) is a Land Residential property with a lot size of 0.22 acres. 5024 Palermo Drive is currently listed for $199,000 and was received on February 19, 2015. Want to learn more about 5024 Palermo Drive? Do you have questions about finding other Land Residential real estate for sale in Punta Gorda? You can browse all Punta Gorda real estate or contact a Coldwell Banker agent to request more information.