tomo logo

$580,000

Beds
3
Baths
2.0
sq ft
2,460

5301 Sabal Palm Ln, Punta Gorda, FL 33982

5301 Sabal Palm Ln

PUNTA GORDA, FL 33982

  • 71 days on market
    • Price drop $5,000↓
Serene 2.32-Acre Florida Retreat – No Flood Zone, Prime Location! Discover your private oasis in this stunning 2.32-acre property, perfectly situated outside the flood zone in a peaceful rural community with paved roads. Surrounded by mature oak trees, a picturesque winding driveway welcomes you to a tranquil and secluded setting—yet you’re just minutes from shopping, dining, and the charming downtown on the Peace River. With easy access to I-75, Sarasota is to the north and Fort Myers to the south, making this an ideal location. At the heart of the property is a well-built 2,460 sq. ft. elevated Key West-style home, featuring an inviting front porch and sun deck. Inside, an open and spacious layout creates a warm atmosphere, with unique touches like a dual-sided stone fireplace connecting the great room and dining area. The home is move-in ready with room for minimal upgrades to make it your own. Additional features include a 20x24 detached garage and a 10x12 storage building, offering ample space for hobbies, vehicles, and equipment. Whether you’re looking for a peaceful retreat or a home with convenient access to everything, this property delivers the best of both worlds. Don’t miss this rare opportunity—schedule your showing today! **PLEASE ENJOY THE 3D INTERACTIVE VIRTUAL TOUR ASSOCIATED WITH THIS LISTING

Details

Property type

Single Family Residence

Est. home value

$630,071

Lot size

2.32 acres

Price per sq ft

$236

Year built

1995

Annual property taxes

$7,225.74

HOA

No

Price History

03/27/2025
StellarMLS

StellarMLS #C7504176

Price change
$580,000
-0.85%
03/07/2025
StellarMLS

StellarMLS #C7504176

Price change
$585,000
-2.5%
01/28/2025
StellarMLS

StellarMLS #C7504176

Listed
$600,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$391,401
Asking price
$580,000
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$142,199
Cash to seller
$391,401

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

July 2016

Original loan amount

$175,000

Est. remaining balance

$142,199

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

John A Loomis and Cheristine M Loomis

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: 04/10/2025 at 2:05 AM

Listing updated: 04/05/2025 at 12:22 PM

Listed by: Robbie Sifrit, MARINA PARK REALTY LLC Phone #: (941) 205-0888

MLS: StellarMLS #C7504176

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