NOT LISTED FOR SALE

5116 Melbourne St Unit B302 Punta Gorda, FL 33980

Charlotte Harbor Area

Estimated Value: $243,000 - $429,000

2 Beds
2.5 Baths
1,759 Sq Ft
1,786 Sq Ft Lot

Sale Details

Date Sold: May 3, 2024

Last sale price $425,000 $242 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,299 / mo

267 Days on Market

Highlights

  • 100 Feet of Riverfront
  • Dock made with concrete
  • In Ground Pool
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • 5-minute walk to Live Oak Point

About This Home

As of May 2024

TOP FLOOR WATERFRONT 2 bedroom 2 and a half bath condo in the gated community of Peace River Preserve, with your own DEEDED BOAT DOCK! (#28) This spacious condo has just under 1800 square feet of living space with an open and split floor plan. The well appointed kitchen features high end granite countertops, beadboard, light maple cabinets with under cabinet lighting, a closet pantry, and a breakfast bar. The great room features bamboo flooring and leads out to your lanai where you will enjoy spending time taking in the stunning views of the Peace River, as well as your boat dock! Designed with two master suites with private bathrooms as well as a powder bath for guests. The primary master suite features a spacious bedroom with unobstructed views of the river, bamboo flooring, 2 walk in closets, and a private bathroom. The master bathroom has dual sinks and a tub with a separate shower. The guest suite also has a large bedroom and a beautiful guest bathroom with dual sinks and a walk in shower. The windows in the condo and the sliding doors have hurricane rated impact glass. Enjoy boating? Your 25 foot dock is located at the end for easy in/out access with deep water and can accommodate a 30 foot boat. 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 Brokerage Phone: 941-575-2502 License #3250179 Listed on: 07/10/2023

COLDWELL BANKER SUNSTAR REALTY

Last Buyer's Agent

Lyn Bevis

RE/MAX HARBOR REALTY License #306174

RE/MAX HARBOR REALTY

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,716

Year Built

  • Built in 2006

Lot Details

  • 100 Feet of Riverfront
  • River Front
  • West Facing Home

HOA Fees

  • $800 Monthly HOA Fees

Property Views

  • White Water Ocean
  • River

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,759 Sq Ft Home
  • 3-Story Property
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Parking Garage Space

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • Fishing Pier
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock made with concrete
  • Deeded Boat Dock
  • Balcony
  • Exterior Lighting

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • Star Hospitality Management Association, Phone Number (941) 575-6764
  • Peace River Preserve Community
  • The Peace River Preserve Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets up to 45 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,716

Year Built

Built in 2006

Lot Details

1,786 Sq Ft Lot

HOA Fees

$800 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1759
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1759
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 163.42
  • Escrow State: FL
  • Floor Number: 3
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 241.61
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Concrete,Dock - Slip Deeded On-Site
  • Attribution Contact: 941-575-2502
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 163.42

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Canal - Brackish,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway,River
  • Water Extras: Bridges - No Fixed Bridges,Fishing Pier,Sailboat Water
  • Water View: Bay/Harbor - Full,River
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Flood Zone Panel: 12015C0233G
  • Water Frontage Feet River: 100

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated Community - No Guard, Pool
  • Association Fee: 2400
  • Association Fee Frequency: Quarterly
  • Association Name: Star Hospitality Management
  • Phone: 941-575-6764
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Max Pet Weight: 45
  • Association Email: a.ruzzano@starhospitalitymanagement.com
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 9600.00
  • Total Monthly Fees: 800.00
  • Monthly HOA Amount: 800.00

Lot Info

  • Zoning: CHRW
  • Parcel Number: 402236626034
  • Additional Parcels: No
  • Fencing: Other
  • Flood Zone Code: VE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Must be approved.

Tax Info

  • Tax Annual Amount: 5716
  • Tax Lot: B302

Multi Family

  • Waterfront Features: River Front
  • Approval Process: Fill out application & provide copy of lease.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
May 3, 2024
Sold by
Bought by
Seller's Agent
Stefanie Pish Concannon
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Lyn Bevis
RE/MAX HARBOR REALTY
List Price
$515,000
Sold Price
$425,000
Premium/Discount to List
-$90,000
-17.48%
Views
136
Current Estimated Value
$359,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,899
Avg. Annual Appreciation
-7.21%

Purchase Details

Closed on
Jul 20, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Punta Gorda, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 Hometown Title & Closing Servi
$560,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $448,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $425,000 -6.6% $242 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $455,000 -4.2% $259 / Sq Ft
12/10/2023 12/10/23 Price Changed $475,000 -3.1% $270 / Sq Ft
11/07/2023 11/07/23 Price Changed $490,000 -4.9% $279 / Sq Ft
07/10/2023 07/10/23 For Sale $515,000 0.0% $293 / Sq Ft
07/01/2018 07/01/18 Rented $1,700 0.0% --
06/25/2018 06/25/18 Under Contract -- -- --
04/13/2018 04/13/18 For Rent $1,700 -- --
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,305 $358,836 $358,836
2023 $6,204 $396,215 $0 $396,215
2022 $5,716 $364,817 $0 $364,817
2021 $5,020 $272,117 $0 $272,117
2020 $4,995 $270,622 $0 $270,622
2019 $4,753 $270,622 $0 $270,622
2018 $4,008 $228,758 $0 $228,758
2016 $3,838 $185,304 $0 $0
2015 $3,473 $168,458 $0 $0
2014 $3,324 $153,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7477677

Stellar MLS

APN: 402236626034

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