See Home Value
Punta Gorda 33950
5000 Palermo Drive
$1,280,000
● House - Off Market

5000 Palermo Drive

Punta Gorda, FL 33950
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,709 Ft²
$6,860
Est. Monthly
2.01%
Cap Rate

About This Property

Nestled in the desirable canal community of Burnt Store Isles, this 2020-built custom home is a masterpiece of craftsmanship and elegance. Boasting 140' on the water and a tranquil rim canal location, this residence offers the luxurious waterfront lifestyle you've been waiting for. Step inside through magnificent custom double arched doors made of wrought iron and glass measuring 10ft x 6ft. Once inside the grand foyer, you are drawn into the great room with 14' cypress ceilings and an open floorplan ideal for entertaining. Grab a cocktail from the beautifully appointed wet bar or the perfect espresso from the built-in Miele coffee system with reverse osmosis water filtration system.  The heart of the home is the stunning chef's kitchen, with solid wood cabinetry, granite counters and a large island that boasts a quartz countertop with waterfall edges. The handmade copper kitchen sink and a striking copper range hood add an artistic touch to this gourmet kitchen. Throughout the rest of home, you will discover a world of bespoke details, from the hand-carved sinks that grace each bathroom to the etched glass showers that elevate your everyday routine. Wake up in the primary suite to the beautiful sunrise overlooking the lanai/pool area as well as the canal and mangroves for a private and relaxed feeling.  Step into the luxurious primary bath, which boasts a roman walk-in shower with a hand carved glass surround, dual vanities featuring hand-blown glass sinks and beautiful granite countertops. Just off the bathroom is the large custom closet that has direct access to the spacious laundry room, making laundry a breeze. Perfectly accommodating overnight guests, the second primary suite in the guest wing of the home offers a spa-like retreat, complete with a large custom walk-in closet, luxurious steam bath for ultimate relaxation and direct access to the lanai. Outside, the expansive lanai beckons you to enjoy the Florida lifestyle with a private pool, perfect for lounging or entertaining.  The lanai is stunning with its French style Leonardo stone floor surrounding a custom salt-water pool boasting two waterfalls and an outdoor kitchen.  Beyond the lanai, a canal-front setting awaits, complete with a private boat dock and an impressive 16,000-pound boat lift, making it a boater's paradise. Additional features include: Hurricane impact windows and doors, Louis Vuitton Octopus mailbox, 4-zone Amana AC, Thermador and Miele appliances, Toto Japanese bidet/toilets, water saving sprinkler system, climate controlled garage, 20KW Kohler whole house generator with a 500 gallon underground storage tank. This home's perfect blend of luxury, functionality, and artistic detail creates an unrivaled living experience in one of Punta Gorda's most sought-after waterfront communities. This is a must-see property, schedule your viewing today and start living in luxury.
Unit Size
2,709 Ft²
Days on Market
441 days
Land Size
0.23 acres
Price per sqft
$509
Property Type
House
Property Taxes
$84
HOA Dues
-
Year Built
2020

Payment Calculator

Cap Rate Calculator

Last updated: 11 months ago ( #224077124)

Price History

Date / Event Date Event Price
Dec 17, 2025 Sold
Sold
Dec 3, 2025 In contract -
In contract
Aug 5, 2025 Price Decreased $1,379,900
↓ $119K (8%)
Price Decreased
Oct 2, 2024 Listed by Calenda Real Estate Group $1,499,000
Listed by Calenda Real Estate Group
Jun 10, 2023 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 110
  • Pool Type: 8
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 10,170
  • Total Building Area: 3,284
  • Gross Building Area: 3,664
  • Building Area: 2,709
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,709
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PUNTA GORDA ISLES
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: PUNTA GORDA ISLES SEC15 REP BLK282 LT 102 825/17 4358/1989 4718/20

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 010405

Zoning

  • Zoning: GS-3.5

Geography

  • Assessors Map Reference: 5B29N
  • Account Number: 00952601912000
  • Subdivision Tract Number: PGI
  • Parcel: 412329257008
  • Block: 282
  • Lot: 102
  • Meridian: SEC 29 TWN 41S RNG 23E
  • Latitude: 26.8816
  • Longitude: -82.0297

    Address

  • Full Address: 5000 Palermo Dr
  • Address - House Number: 5000
  • Address - Street Name: Palermo
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Punta Gorda
  • Carrier Code: R008
  • 4-Digit Zip Code: 8032
  • Zip Code: 33950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $101,000
  • Tax Rate Code Area: 149

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 1,135,514
  • High Value: 1,382,937
  • Low Value: 888,092

    Market Valuation

  • Market Total Value: $1,142,473
  • Market Land Value: $259,250
  • Market Improvement Value: $883,223

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $751,788

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 04, 2018
  • Current Sale Recording Date: Sep 17, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2646004
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Punta Gorda


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 731 Tangerine Court, PUNTA GORDA, FL, 33950

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,058 ft²
731 Tangerine Court, PUNTA GORDA, FL, 33950 Listing by Ruth Keiling
Unit for rent at 9489 Turtle Grass Circle, PUNTA GORDA, FL, 33950

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,828 ft²
9489 Turtle Grass Circle, PUNTA GORDA, FL, 33950 Listing by Raleigh Morrison


Frequently Asked Questions

When was property at 5000 Palermo Drive built and last sold?
The property at 5000 Palermo Drive was built in 2020 and last sold on Sep 4, 2018 for $235,000.
How much is this home worth?
The estimated value of the home located at 5000 Palermo Drive is $0.
What are some comparable homes to 5000 Palermo Drive?
There are currently no comparable homes to 5000 Palermo Drive.