$279,900

5025 Palermo Drive

Punta Gorda, FL 33950

Active
0
Baths
0.22
Acres
WaterfrontWater access$29/sqft360° tour

About this home

PERFECT & OUTSTANDING WATERFRONT SAILBOAT ACCESSIBLE LOT. IN HIGHLY DESIRABLE DEED RESTRICTED COMMUNITY OF BURNT STORE ISLES. THIS LOT IS READY TO BE BUILT ON WITH A CONCRETE DOCK IN PLACE. THIS IS TRULY A GREAT LOT AND HOMESITE AS THE LOCATION IS PHENOMENAL WITH THE PERFECT CLOSE PROXIMITY TO GROCERY STORES, GYM'S & ALL LOCAL ATTRACTIONS W/ DOWNTOWN PUNTA GORDA. COME SEE WHY THIS LOT IS TRULY PERFECT TO BUILD A DREAM FLORIDA HOME TODAY!

Estimated monthly payment

$2,020/mo

Principal & interest$1,415
Property taxes$476
Home insurance (est.)$128

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history518 days on market

  1. Status: Active
    Jul 2, 2025
  2. Listed$369,900
    Jun 19, 2024
  3. Price reduced$279,900

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
518
Subdivision
Punta Gorda Isles Sec 15
County
Charlotte
Price/sq ft
$29
Lot size
9,605 sq ft
Lot category
0 to less than 1/4
Flood zone
9AE
Annual taxes
$5,714 (2023)
Parcel #
412329258008
Zoning
GS-3.5
MLS #
C7494265

Interior Details

Direction faces
North

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public, See Remarks
Utilities
BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electrical Nearby, Electricity Available, Fiber Optics, Phone Available

Listing Details

Listing date
2024-06-19
On market date
2024-06-19
Original list price
$369,900
MLS area
33950 - Punta Gorda
Listing AOR
Port Charlotte
Status changed
2025-07-02
Tax legal description
PGI 015 0282 0002 PUNTA GORDA ISLES SEC 15 BLK 282 LT 2 977/956 4071/71 CD4074/1285 4741/1824

Location

Flood zone
9AE

Directions

FROM DOWNTOWN PUNTA GORDA HEAD SOUTH ON US-41, RIGHT ON MONACO DRIVE, RIGHT ON PORTOFINO, LEFT ON PALERMO LOT WILL BE ON THE RIGHT.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of November 19, 2025 at 8:34 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA