NOT LISTED FOR SALE

5116 Melbourne St Unit B-301 Punta Gorda, FL 33980

Estimated Value: $270,000 - $525,000

3 Beds
2.5 Baths
1,831 Sq Ft
$517/mo HOA Fee

Last Sold December 17, 2021

Last sale price $500,000 $273 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,346/month

146 Days on Market

Highlights

  • 996 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Boat Lift
  • White Water Ocean Views
  • Boat Slip Deeded
  • 5-minute walk to Live Oak Point

About This Home

As of December 2021

TOP FLOOR WATERFRONT 3 bedroom 2 and a half bath condo in the gated community of Peace River Preserve, with your own DEEDED BOAT DOCK (#13) and LIFT! This spacious condo has over 1800 square feet of living space with an open and split floor plan. The well appointed kitchen features granite countertops, plenty of cabinets for storage, a closet pantry, and a breakfast bar. The great room leads out to one of your lanais where you will enjoy spending time taking in the stunning views of the Peace River, as well as your boat dock! All three bedrooms are large in size, with the master bedroom featuring gorgeous water views and a private lanai overlooking the pool/river. The master bathroom has dual sinks and a tub with a separate shower. There are also two large walk in closets available in the master suite. The windows in the condo and the sliding doors have hurricane impact glass. The community has a large resort style pool and spa for you to enjoy, also with amazing views of the river. This condo is conveniently located close to US41, I-75, shopping, dining, medical, and much more. Call today to set up your private showing... you won't want to miss this one!

Last Agent to Sell the Property

Stefanie Pish Concannon

COLDWELL BANKER SUNSTAR REALTY License #3250179 Listed on: 07/06/2021

COLDWELL BANKER SUNSTAR REALTY

Last Buyer's Agent

Karen Whitcomb

License #3401394

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,180

Year Built

  • Built in 2006

Lot Details

  • 996 Feet of Waterfront
  • River Front
  • Northwest Facing Home
  • Fenced
  • Irrigation
  • Land Lease expires 10/31/21

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • White Water Ocean
  • River

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,831 Sq Ft Home
  • 4-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Boat Lift
  • Boat Slip Deeded
  • Exterior Lighting

Schools

  • Peace River Elementary School
  • Port Charlotte Middle School
  • Charlotte High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, sewer, trash, water
  • $133 Other Monthly Fees
  • Star Management Association, Phone Number (941) 575-6764
  • Peace River Preserve Community
  • Peace River Preserve Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 45 lbs
  • 2 Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,180

Year Built

Built in 2006

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1831
  • New Construction: No
  • Year Built: 2006
  • Directions to Property: US41 to Melbourne St - Complex will be on the right. Gate code required.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7445701?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7445701?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Other Fees Amount: 400
  • Ratio: Close Price\List Price: 0.90909
  • Price per Sq Ft: 273.07
  • Close to Original List Price Ratio: 0.90909
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 4
  • Street Number Modifier: 5116
  • Room Count: 7

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: In Ground
  • Exterior Features: Fenced, Irrigation System, Lighting
  • Roof: Membrane, Metal
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, River
  • Water Access: Bay/Harbor, Canal - Brackish, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, River
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Lift, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0233F
  • Waterfront Frontage: 996
  • Water Frontage Feet River: 996

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Pool, Water Access, Waterfront
  • Association Fee: 1550
  • Association Fee Frequency: Quarterly
  • Association Name: Star Management
  • Phone: 941-575-6764
  • Association: Yes
  • Senior Community: No
  • Other Fees Term: Annual
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6600
  • Monthly HOA Fee: 516.67
  • Total Monthly Fees: 550

Schools

  • Elementary School: Peace River Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Port Charlotte Middle

Lot Info

  • Zoning: CHRW
  • Parcel Number: 402236626033
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • Land Lease Expiration Date: 2021-10-31

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 45
  • Minimum Lease: 1 Month
  • Approval Process: Fill out association application and pay fee.
  • Num Timesper Year: 4
  • Pet Restrictions: 2 pets allowed, max weight of 45lbs each. Only dogs, cats, birds, or fish. Per association approval.
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1875
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Per association approval.

Tax Info

  • Tax Annual Amount: 5180
  • Tax Book Number: 2978-1578
  • Tax Lot: 301

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Dec 17, 2021
Sold by
Gerald Golomb Revocable Trust
Bought by
J A M Farms Corporation
Seller's Agent
Stefanie Pish Concannon
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Karen Whitcomb
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$414,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,239
Avg. Annual Appreciation
-2.86%

Purchase Details

Closed on
Sep 11, 2009
Sold by
Golomb Gerald and Golomb Louise R
Bought by
Golomb Gerald and Golomb Louise R

Purchase Details

Closed on
Jun 20, 2006
Sold by
Charlotte Harbor Development Llc
Bought by
Golomb Gerald and Golomb Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
J A M Farms Corporation $500,000 Hometown Title & Closing Servi
Golomb Gerald -- Attorney
Golomb Gerald $620,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golomb Gerald $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $500,000 -9.1% $273 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $550,000 0.0% $300 / Sq Ft
10/26/2018 10/26/18 Rented $1,800 -2.7% --
09/20/2018 09/20/18 Under Contract -- -- --
09/01/2018 09/01/18 For Rent $1,850 -- --
Source: Stellar MLS

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
2024 $6,825 $409,320 -- $409,320
2023 $7,084 $412,433 $0 $0
2022 $6,566 $379,749 $0 $379,749
2021 $5,205 $283,256 $0 $283,256
2020 $5,180 $281,699 $0 $281,699
2019 $4,981 $281,699 $0 $281,699
2018 $4,203 $238,122 $0 $238,122
2016 $4,049 $199,852 $0 $0
2015 $3,618 $181,684 $0 $0
2014 $3,458 $165,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stefanie Pish Concannon

    Seller's Agent in 2021

    Stefanie Pish Concannon

    COLDWELL BANKER SUNSTAR REALTY

    (941) 716-1334

    17 in this area

    199 Total Sales

    Stefanie Pish Concannon
    Section Image

  • K

    Buyer's Agent in 2021

    Karen Whitcomb

    Section Image

  • C

    Seller's Agent in 2018

    Cole Concannon

    COLDWELL BANKER SUNSTAR REALTY

    (913) 705-0494

    Cole Concannon
    Section Image
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Map

Source: Stellar MLS

MLS Number: C7445701

Stellar MLS

APN: 402236626033

Florida Charlotte County Punta Gorda 33980

5116 Melbourne St Unit B-301, Punta Gorda, FL

This home is located at 5116 Melbourne St Unit B-301, Punta Gorda, FL 33980 since 06 July 2021 and is currently estimated at $414,761, approximately $226 per square foot. This property was built in 2006. 5116 Melbourne St Unit B-301 is a home located in Charlotte County with nearby schools including Peace River Elementary School, Port Charlotte Middle School, and Charlotte High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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