NOT LISTED FOR SALE

5006 Palermo Dr Punta Gorda, FL 33950

Burnt Store Isles Neighborhood

Estimated Value: $953,000 - $1,178,377

0.31 Acre
$3,421,271 Price per Acre
13,504 Sq Ft Lot

Last Sold February 06, 2020

Last sale price $212,500

Est. 399% increase in value since last sale

Current estimated payment $6,972/month

727 Days on Market

Highlights

  • Boat Dock
  • Canal Access
  • Oversized Lot
  • Sallie Jones Elementary School Rated A-
  • Canal View
  • Cul-De-Sac

About This Lot

As of February 2020

Waterfront tip lot on a large turning basin with 178' on the water. 170+' across the basin and the mangrove stand 160+' to the east provide unmatched waterside privacy, convenient to shopping and downtown Punta Gorda, minutes from Twin Isles Golf Club, and a leisurely boat ride to the waters of Alligator Creek, Charlotte Harbor and beyond! Build your custom Florida residence or winter retreat and enjoy the life of Riley with your boat docked in your back yard, golf just a short ride a way, and bike paths all over town! Don't delay... waterfront parcels of this caliber just aren't being made any more! Survey available, pre-paid impact fees are reimbursable by Buyer at closing.

Last Agent to Sell the Property

Ken Rolland

KW Peace River Partners License #274501555 Listed on: 01/09/2018

KW Peace River Partners

Last Buyer's Agent

Out of area Non Member

FGC Non-MLS Office License #258009804

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,959

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 46 x 99 x 178 x 125
  • Cul-De-Sac
  • Northwest Facing Home
  • Oversized Lot

Additional Features

  • Canal Views
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 103 / 282
  • Assessor Parcel Number 41-23-29-257-007

Community Details

Overview

  • Association fees include sewer, water
  • Punta Gorda Isles Subdivision

Recreation

  • Boat Dock
  • Canal Access
  • Waterfront Basin

Property Details

Property Type

Land

Est. Annual Taxes

$3,959

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.31
  • Lot Size: 46 x 99 x 178 x 125
  • Road Surface Type: Paved
  • Subdivision Name: PUNTA GORDA ISLES
  • Directions: From downtown Punta Gorda, south on 41 to right on Monaco Drive, right on Portofino Drive to left on Palermo. Parcel is to the left a the end of the cul-de-sac.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot, Cul-De-Sac
  • View: Canal
  • View: Yes
  • Waterfront Features: Basin, Canal Access
  • Waterfront: Yes
  • Direction Faces: Northwest

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Street Lights

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Current Use: Single Family
  • Parcel #: 41-23-29-257-007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3959.0
  • Tax Block: 282
  • Tax Lot: 103
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Feb 6, 2020
Sold by
Benande John P and Benande Bonnie L
Bought by
Difiglia Basil J and Difiglia Millie
Seller's Agent
Ken Rolland
KW Peace River Partners
Buyer's Agent
Out of area Non Member
FGC Non-MLS Office
List Price
$234,900
Sold Price
$212,500
Premium/Discount to List
-$22,400
-9.54%
Current Estimated Value
$1,060,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$848,094
Avg. Annual Appreciation
34.07%

Purchase Details

Closed on
Jan 25, 2002
Sold by
Wall Victor D and Wall Lida G
Bought by
Benande John P and Benande Bonnie L

Purchase Details

Closed on
Jul 14, 1997
Sold by
Boyle Anthony J and Boyle Gail J
Bought by
Wall Victor D and Wall Lida G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Difiglia Basil J $212,500 Hometown Ttl & Closing Svcs
Benande John P $124,000 --
Wall Victor D $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wall Victor D $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $212,500 -9.5% --
01/07/2020 01/07/20 Pending -- -- --
01/09/2018 01/09/18 For Sale $234,900 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $14,315 $821,492 $0 $0
2022 $13,861 $797,565 $0 $0
2021 $4,698 $233,750 $233,750 $0
2020 $4,252 $229,500 $229,500 $0
2019 $4,335 $225,250 $225,250 $0
2018 $3,959 $216,750 $216,750 $0
2017 $3,776 $216,750 $216,750 $0
2016 $3,617 $144,813 $0 $0
2015 $2,948 $131,648 $0 $0
2014 $2,679 $119,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Rolland

    Seller's Agent in 2020

    Ken Rolland

    KW Peace River Partners

    (941) 628-8816

    49 Total Sales

    Section Image

  • O

    Buyer's Agent in 2020

    Out of area Non Member

    FGC Non-MLS Office

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218002189

Florida Gulf Coast Multiple Listing Service

APN: 412329257007

Florida Charlotte County Punta Gorda 33950 Burnt Store Isles

5006 Palermo Dr, Punta Gorda, FL

This home is located at 5006 Palermo Dr, Punta Gorda, FL 33950 since 09 January 2018 and is currently estimated at $1,060,594. 5006 Palermo Dr is a home located in Charlotte County with nearby schools including Sallie Jones Elementary School, Punta Gorda Middle School, and Charlotte High School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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