$250,000
SOLD FEB 6, 2025

5125 Melbourne St Unit E-101 Punta Gorda, FL 33980

3 Beds
2.5 Baths
1,831 Sq Ft
$892/mo HOA Fee

Recently Sold

$137 Per Sq Ft

29% Below List Price

214 Days on Market

Highlights

  • Assigned Boat Slip
  • Access to Bay or Harbor
  • Gated Community
  • Deeded Boat Dock
  • Fitness Center
  • Open Floorplan

About This Home

As of February 2025

DRASTICALLY REDUCED. 0WNER WANTS OFFER. BOAT SLIP INCLUDED(normally sells separate anywhere from 20-30K) with this lovely End Unit Condo with 2 balconies. Want to feel like you are on vacation all of the time? Then this home is for you! Sit out on your balcony overlooking beautiful pool views & palm trees. Or you can take advantage of your boat slip and take your boat over to Fisherman's village or the new sunseekers resort for lunch. This is one of the larger units featuring 3 bedrooms with 2.5 baths. The guest bedrooms are joined with a jack and jill bath. The huge master suite features tray ceilings, gorgeous views, dressing area and/or office space, large master bath with dual sinks, garden tub, separate shower and walk in closet. You will enjoy cooking in this kitchen that is light and bright, including all appliances, breakfast bar and lovely views of the lanai area. There is parking under the building and an elevator that will bring you up to the first floor. Enjoy living in a community with a pool, clubhouse, exrecise room and a hop skip and a jump to the new Sunseekers resort and beautiful downtown Punta Gorda. This unit comes with a washer and dryer and is partially furnished or seller will move furniture out if you do not want. Be sure to see the 3D tour and aerial view video

Last Agent to Sell the Property

Debbie Jones

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-429-3506 License #3220463 Listed on: 06/07/2024

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,195

Year Built

  • Built in 2005

Lot Details

  • Northwest Facing Home
  • Irrigation

HOA Fees

  • $892 Monthly HOA Fees

Home Design

  • Membrane Roofing
  • Metal Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,831 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Attached Garage
  • 1 Carport Space
  • Ground Level Parking
  • Reserved Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Access to Bay or Harbor
  • Assigned Boat Slip
  • Deeded Boat Dock
  • Open Dock
  • Balcony
  • Screened Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, internet, ground maintenance, recreational facilities, trash
  • First Choice Mgmt Association, Phone Number (941) 625-2255
  • Preserve At Charlotte Harbor Community
  • Preserve At Charlotte Harbor Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Elevator
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,195

Year Built

Built in 2005

Lot Details

0

HOA Fees

$892 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Grounds, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1831
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1831
  • Lot Size Sq Ft: 1714
  • Directions to Property: From 41 South to Left on Melbourne (it's right before the bridge) to Left into the community. Follow road all the way to the back and park in gargae in any guest space. Take elevator up to floor 1 and exit to the Left. Unit is all the way on the end.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1045828
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 136.54
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Corner Unit,End Unit
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open,Dock - Slip Deeded On-Site
  • MFR_DockYN: 1
  • Attribution Contact: 941-429-3506
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 4
  • Street Number Modifier: 5125
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 170.11
  • Room Count: 7

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Balcony, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Membrane, Metal
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor
  • Water Extras: Assigned Boat Slip
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level, Guest, Reserved, Under Building

Utilities

  • Utilities: Cable Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - No Guard, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool
  • Association Fee: 2675
  • Association Fee Frequency: Quarterly
  • Association Name: First Choice MGMT
  • Phone: 941-625-2255
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: E/101
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Total Annual Fees: 10700.00
  • Total Monthly Fees: 891.67
  • Monthly HOA Amount: 891.67

Lot Info

  • Zoning: CHRW
  • Parcel Number: 402236601033
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: 10AE
  • Homestead YN: 0
  • Lot Size Square Meters: 159

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see By-Laws

Tax Info

  • Tax Annual Amount: 4194.96
  • Tax Lot: 101

Multi Family

  • Approval Process: Submit application and pay fees

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Feb 6, 2025
Sold by
Mishra Prabin
Bought by
Farr William L and Farr Linda W
Seller's Agent
Debbie Jones
RE/MAX ALLIANCE GROUP
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$353,300
Sold Price
$250,000
Premium/Discount to List
-$103,300
-29.24%
Views
19
Current Estimated Value
$245,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,051
Avg. Annual Appreciation
24.16%

Purchase Details

Closed on
Mar 30, 2016
Sold by
Sorensen Thomas
Bought by
Mishra Prabin

Purchase Details

Closed on
Jul 29, 2005
Sold by
Charlotte Harbor Development Llc
Bought by
Sorensen Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Suncoast One Title & Closings
Warranty Deed $135,000 Cottrell Title Group Llc
Warranty Deed $405,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $245,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Sold $250,000 -16.6% $137 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
11/29/2024 11/29/24 Price Changed $299,900 0.0% $164 / Sq Ft
10/31/2024 10/31/24 Price Changed $300,000 -13.9% $164 / Sq Ft
10/01/2024 10/01/24 Price Changed $348,300 -1.4% $190 / Sq Ft
09/10/2024 09/10/24 For Sale $353,300 0.0% $193 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $353,300 -0.3% $193 / Sq Ft
06/07/2024 06/07/24 For Sale $354,300 -- $194 / Sq Ft
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
2023 $4,195 $191,742 $0 $0
2022 $3,424 $174,311 $0 $174,311
2021 $3,295 $160,304 $0 $160,304
2020 $3,127 $150,966 $0 $150,966
2019 $2,884 $138,515 $0 $138,515
2018 $2,605 $132,290 $0 $132,290
2016 $2,219 $95,827 $0 $0
2015 $2,122 $87,115 $0 $0
2014 $1,993 $79,195 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6136879

Stellar MLS

APN: 402236601033