tomo logo

$1,000,000

Beds
2
Baths
2.0
sq ft
2,219

5060 Melbourne St, Punta Gorda, FL 33980

5060 Melbourne St

Port Charlotte, FL 33980

  • 150 days on market
    • Price drop $100,000↓
Home received flooding during both hurricanes. Fabulous opportunity to own this CHARLOTTE HARBORFRONT oversized property with nearly 180 feet of private beach, a large dock/pier in place with a beautiful unobstructed view and access for boating, and a desirable Southern Exposure and NO RENTAL or DEED RESTRICTIONS. DEVELOP INTO 2 HOMESITES, or OTHER POSSIBILITIES. The dock was updated and rebuilt in 2023. Prepare to be WOWED by the large oak trees that provide a beautiful canopy for the back deck that runs the full length of the house and is totally open to the private backyard, private beach, garden area, and the large pier/dock with sail cloths and great space to entertain. Find opportunities abound as this home is on 3.5 lots zoned CR3.5 nearby to the new Sunseeker Resort, upcoming new restaurant just down the road, and conveniently located with access to all things Punta Gorda and Port Charlotte. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$771,530

Lot size

0.45 acres

Price per sq ft

$451

Year built

1948

Annual property taxes

$9,291.68

HOA

No

Price History

10/24/2024

FGCMLS #224054221

Price change
$1,000,000
-9.09%
06/25/2024

FGCMLS #224054221

Listed
$1,100,000
06/12/2024
NABOR

NABOR #224015845

Removed
$1,100,000

Schools & Community

Elementary school: 

Peace River Elementary

Middle school: 

Port Charlotte Middle

High school: 

Charlotte High

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Commercial Bank Of Florida

Loan start date

January 2006

Original loan amount

$1,040,000

Est. remaining balance

$0

Interest rate

6.26%

Loan type

Not Provided, 2 year

Seller

Merod Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 11:40 AM

Listing updated: 11/13/2024 at 10:30 AM

Listed by: Carla Nix, Coldwell Banker Sunstar Realty Phone #: (941) 575-2502

MLS: FGCMLS #224054221

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