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$375,000

Beds
3
Baths
2.5
sq ft
1,759

5115 Melbourne St Unit A303, Punta Gorda, FL 33980

5115 Melbourne St Unit A303

PORT CHARLOTTE, FL 33980

  • 257 days on market
    • Price drop $50,000↓
This large, 3 bedroom, 2-1/2 bathroom condo is on the 3rd floor of an elevator building. It comes mostly-furnished. The community offers a clubhouse, heated pool and spa, fitness room, banquet facilities and much more. The location is an added plus - close to the new Sunseeker Resort, shopping, dining, downtown Punta Gorda, numerous golf courses, spring training facilities, I-75 and SW Florida's renowned beaches.

Details

Property type

Condominium

Est. home value

$328,845

Lot size

1,714 sq ft

Price per sq ft

$214

Year built

2005

Annual property taxes

$4,710.02

Monthly HOA fee

$892

Price History

12/11/2024
StellarMLS

StellarMLS #C7490764

Price change
$375,000
-11.76%
07/09/2024
StellarMLS

StellarMLS #C7490764

Removed
$425,000
04/10/2024
StellarMLS

StellarMLS #C7490764

Listed
$425,000
+223.19%

Schools & Community

Elementary school: 

Deep Creek Elementary

Middle school: 

Murdock Middle

High school: 

Charlotte High

Community features: 

Gated, Clubhouse, Pool

Negotiation Insights

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

Seller could get up to

$282,231
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$62,769
Cash to seller
$282,231

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Metroplex Mortgage Services Inc

Loan start date

December 2021

Original loan amount

$67,000

Est. remaining balance

$62,769

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Penelope A Jack and Denise Marie Smith

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?

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Status: Active

Tomo last checked: 12/23/2024 at 3:30 PM

Listing updated: 12/12/2024 at 12:30 PM

Listed by: Kathy Weithman, CCRFL, LLC. Phone #: (941) 883-4181

MLS: StellarMLS #C7490764

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