by Global Lifestyle Properties

See Home Value
Charlotte 33982
5348 PALANGOS DRIVE
$925,000
● House - Off Market

5348 PALANGOS DRIVE

PUNTA GORDA, FL 33982
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,890 Ft²
$5,578
Est. Monthly

About This Property

Private 5 acre estate in Punta Gorda offering exceptional space, privacy, and versatility. The beautifully landscaped grounds represent a high end investment that would take years to replicate, with mature tropical plantings and towering bamboo creating a natural privacy barrier and an incredible estate setting. A beautiful freshwater pond located at the front of the property enhances the setting and offers the opportunity for a fountain feature as well as recreational fishing. Over 4,000 square feet of pavers surround the home and outdoor areas, including a large rear patio with a fire pit perfect for relaxing or entertaining.

A standout feature of the property is the impressive 2,000 square foot metal building. Ideal for collectors, car enthusiasts, boat storage, a mechanic shop, or operating a home based business, this massive structure offers incredible flexibility. The building also includes an office space that can remain for convenience or easily be removed to create additional open workspace.

Built in 2015, this well maintained 4 bedroom, 3 bathroom home features impact windows and doors, real wood plantation shutters, an insulated foam roof for energy efficiency, and two air conditioning systems. The spacious 3 car garage includes epoxy floors and a mini split system for added comfort and functionality. The home also offers two private well systems and a new pump.

Inside the home, French cut tile flooring runs throughout the main living areas leading to a large family room designed for gathering and entertaining. The primary and guest bedrooms feature attractive tile plank flooring.

The kitchen offers granite countertops, high end cabinetry, a large center island with wine storage and wine cooler, a pot filler, and a spacious walk in pantry with wood shelving.

The primary suite includes a beautifully designed bathroom with dual vanities, a Jacuzzi soaking tub, and a large walk in shower creating a relaxing private retreat.

This unique property offers the rare combination of acreage, privacy, extensive outdoor improvements, and a massive workshop all while being conveniently located just minutes from I 75, shopping, dining, and historic downtown Punta Gorda.
Unit Size
2,890 Ft²
Days on Market
86 days
Land Size
5.00 acres
Price per sqft
$328
Property Type
House
Property Taxes
$918
HOA Dues
-
Year Built
2015

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Last updated: 5 months ago (Stellar MLS #C7522720)

Price History

Date / Event Date Event Price
May 29, 2026 Sold
Sold
Apr 22, 2026 In contract -
In contract
Mar 25, 2026 Price Decreased $949,000
↓ $50K (5%)
Price Decreased
Mar 7, 2026 Price Decreased $999,000
↓ $100K (9.1%)
Price Decreased
Mar 4, 2026 Listed by COLDWELL BANKER SUNSTAR REALTY $1,099,000
Listed by COLDWELL BANKER SUNSTAR REALTY
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Property Highlights

Parking Available
Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 2
  • Garage Type: 1
  • Garage Square Area: 678
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 25
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 5,568
  • Gross Building Area: 5,903
  • Building Area: 4,890
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,890
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PUNTA GORDA
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: 36 40 23 P-20 5 AC. M/L TH N1/2 OF SE1/4 OF NE1/4 OF SE1/4 LESS W 30 FT AKA PUNTA GORDA ACRES 1ST ADD BLK B LOT 7 391/170 1033/1778 PR01-933 1942/1573 2139/395 2503/1386 2704/627 3033/1381 CT3828/464 3863/2085 3863/2086 4185/1303 487

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 010200

Zoning

  • Zoning: RE1

Geography

  • Assessors Map Reference: 5A36S
  • Account Number: 00713970007103
  • Subdivision Tract Number: 7
  • Parcel: 402336427004
  • Block: P20
  • Lot: 7
  • Meridian: SEC 36 TWN 40S RNG 23E
  • Latitude: 26.9519
  • Longitude: -81.9605

    Address

  • Full Address: 5348 Palangos Dr
  • Address - House Number: 5348
  • Address - Street Name: Palangos
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Punta Gorda
  • Carrier Code: H063
  • 4-Digit Zip Code: 8800
  • Zip Code: 33982

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,190,132
  • Tax Rate Code Area: 104

    Appraisal Valuation

  • Standard Deviation: 0.2114
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 792,412
  • High Value: 959,961
  • Low Value: 624,863

    Market Valuation

  • Market Total Value: $715,941
  • Market Land Value: $148,750
  • Market Improvement Value: $567,191

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $665,913

    Sales

  • Current Sale Contract Date: Mar 31, 2017
  • Current Sale Recording Date: Apr 10, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2513885
  • Previous Sale Recording Date: May 06, 2014
  • Previous Sale Contract Date: Apr 25, 2014
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 71
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 Charlotte


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Nearby Rentals

Unit for rent at 6632 Jack Street, PUNTA GORDA, FL, 33982

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,080 ft²
6632 Jack Street, PUNTA GORDA, FL, 33982 Listing by William Ronk
Unit for rent at 2921 Wilson Avenue, FL, 33982

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 832 ft²
2921 Wilson Avenue, FL, 33982 Listing by Lisa Blanchard
Unit for rent at 4772 Duncan Road, PUNTA GORDA, FL, 33982

$1,400 /mo

  • 2 Beds
  • 2 Baths
  • 896 ft²
4772 Duncan Road, PUNTA GORDA, FL, 33982 Listing by Art Broslat


Frequently Asked Questions

When was property at 5348 Palangos Drive built and last sold?
The property at 5348 Palangos Drive was built in 2015 and last sold on Mar 31, 2017 for $325,000.
How much is this home worth?
The estimated value of the home located at 5348 Palangos Drive is $941,280.
What are some comparable homes to 5348 Palangos Drive?
There are currently no comparable homes to 5348 Palangos Drive.