NOT LISTED FOR SALE

5534 Gulfport Terrace Port Charlotte, FL 33981

Gulf Cove Neighborhood

Estimated Value: $24,000 - $341,000

0.23 Acre
$793,478 Price per Acre
10,000 Sq Ft Lot

Last Sold June 09, 2023

Last sale price $21,000

Est. 769% increase in value since last sale

Current estimated payment $1,034/month

218 Days on Market

Highlights

  • Boat Ramp
  • Wooded Lot
  • Level Lot
  • Fishing
  • Community Playground

About This Lot

As of June 2023

Come build in beautiful Gulf Cove! This homesite is perfectly situated between the Myakka State Forest and the Myakka River. Gulf Cove has an optional HOA with a low annual fee which grants you access to the private boat ramp and park. This is an ideal location for your dream home. World class fishing, hiking and boating are all close by. Restaurants, shopping and area beaches are just a short drive away. This lot is not in a flood zone so your lender will not require flood insurance when you build. According to the Charlotte County GIS Mapping this lot is currently located in a scrub jay habitat so an extra fee is needed (please re-confirm during due diligence to be sure nothing has changed). The lot next door, 5542 Gulfport Terrace (PORT CHARLOTTE SEC53 BLK1803 LT 16), MLS#D6127582 is also currently available. Don't wait!

Last Agent to Sell the Property

Kathy Damewood

RE/MAX ALLIANCE GROUP License #544136 Listed on: 09/23/2022

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

David Fender

FENDER REAL ESTATE LLC. License #3218154

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $301

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Property fronts a county road
  • West Facing Home
  • Level Lot
  • Wooded Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned RSF3.5

HOA Fees

  • $5 Monthly HOA Fees

Schools

  • Myakka River Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 15 / 1803
  • Assessor Parcel Number 402131476005

Community Details

Overview

  • Port Charlotte Subs Community
  • Port Charlotte Sec 053 Subdivision

Recreation

  • Boat Ramp
  • Community Playground
  • Fishing
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$301

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10000
  • Number Of Lots: 2
  • Directions to Property: HWY 776 to David Blvd North. Right onto Foresman Blvd. Left onto Gulfport Terrace. The lot is on the right hand side of the street just across from the home at 5533 Gulfport Terrace.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047486
  • RATIO Current Price By Calculate: 2.10
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5534

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2003-05-05
  • Flood Zone Panel: 12015C0203F
  • Price Per Acre: 91304

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Fishing, Park, Playground
  • Association Fee: 65
  • Association Fee Frequency: Annually
  • Association 2 YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 65.00
  • Total Monthly Fees: 5.42
  • Monthly HOA Amount: 5.42

Schools

  • Elementary School: Myakka River Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 402131476005
  • Additional Parcels Description: 402131476006
  • Additional Parcels: Yes
  • Current Use: Unimproved
  • Lot Features: Buildable, In County, Level
  • Lot Dimensions: 80x125
  • Flood Zone Code: x
  • Lot Size Square Meters: 929
  • Zoning Compatible YN: 1
  • Current Adjacent Use: Residential,Vacant

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 300.76
  • Tax Block: 1803
  • Tax Book Number: 5-67
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Jun 9, 2023
Sold by
Whitzel Raymond
Bought by
Lgi Homes-Florida Llc
Seller's Agent
Kathy Damewood
RE/MAX ALLIANCE GROUP
Buyer's Agent
David Fender
FENDER REAL ESTATE LLC.
List Price
$24,900
Sold Price
$21,000
Premium/Discount to List
-$3,900
-15.66%
Views
46
Current Estimated Value
$182,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,500
Avg. Annual Appreciation
169.62%

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jan 29, 2019
Sold by
Williams Charles R and Williams Rosa A
Bought by
Whitzel Raymond and Whitzel Donna
Seller's Agent
Frank Moore
COLDWELL BANKER REALTY
Buyer's Agent
Frank Moore
COLDWELL BANKER REALTY
List Price
$10,990
Sold Price
$6,500
Premium/Discount to List
-$4,490
-40.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.94%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lgi Homes-Florida Llc $42,000 Empower Title
Whitzel Raymond $6,500 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $21,000 -8.3% --
04/30/2023 04/30/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $22,900 -8.0% --
09/23/2022 09/23/22 For Sale $24,900 +283.1% --
02/04/2019 02/04/19 Sold $6,500 0.0% --
01/14/2019 01/14/19 Pending -- -- --
09/04/2018 09/04/18 Price Changed $6,500 -40.9% --
04/04/2018 04/04/18 For Sale $10,990 -- --
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 $407 $5,671 $0 $0
2022 $359 $13,324 $13,324 $0
2021 $301 $4,686 $4,686 $0
2020 $333 $4,686 $4,686 $0
2019 $321 $4,373 $4,373 $0
2018 $310 $4,165 $4,165 $0
2017 $304 $4,046 $4,046 $0
2016 $300 $2,922 $0 $0
2015 $289 $2,656 $0 $0
2014 $279 $2,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Damewood

    Seller's Agent in 2023

    Kathy Damewood

    RE/MAX

    (941) 321-7355

    90 in this area

    829 Total Sales

    Section Image
  • David Fender

    Buyer's Agent in 2023

    David Fender

    FENDER REAL ESTATE LLC.

    (772) 834-1093

    21 in this area

    222 Total Sales

    Section Image
  • Frank Moore

    Seller's Agent in 2019

    Frank Moore

    COLDWELL BANKER REALTY

    (239) 839-0471

    19 in this area

    237 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: D6127571

Stellar MLS

APN: 402131476005

Florida Charlotte County Port Charlotte 33981 Gulf Cove

5534 Gulfport Terrace, Port Charlotte, FL

This home is located at 5534 Gulfport Terrace, Port Charlotte, FL 33981 since 23 September 2022 and is currently estimated at $182,500. 5534 Gulfport Terrace is a home located in Charlotte County with nearby schools including Myakka River Elementary School, L.A. Ainger Middle School, and Lemon Bay 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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