$10,000

closing credit¹

5000 Palermo Dr Punta Gorda, FL 33950

$1,610,000
3 beds
3 full
2,709 sqft
0.2 acres
$594 / sqft
House

Property details

About 5000 Palermo Dr

One or more photo(s) has been virtually staged. 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.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,709 sqft
Lot size0.23 Acres
Year built2020
ParkingDriveway, Garage Door Opener, Oversized
MLS #C7498088
Attached garage2 spaces
WaterfrontCanal
ViewWater
Private poolYes

Virtual tour

Summary

  • MLS Number: C7498088
  • MLS Name: MFRMLS
  • Office Name: CALENDA REAL ESTATE GROUP,INC.
  • Office Phone: (941) 916-0798
  • Listing Agent: Lora Dikun

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 1:20:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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doorway to property featuring a porch and french doors

$1,610,000

5000 Palermo Dr

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Sep 17, 2018
Home Sold
$235,000

Tax history

YearAssessmentProperty Tax
2023$751,788$1,010
2022$728,248$885
2021$707,037$885
2020$195,436$585
2019$170,000$3,209
2018$165,750$3,209
2017$148,750$2,950

History based on county public records data.

Nearby schools

7

Sallie Jones Elementary School

Public District PK-5

3.3 mi

1230 Narranja St

6

East Elementary School

Public District PK-5

4.4 mi

27050 Fairway Dr

3

Peace River Elementary School

Public District PK-5

6.7 mi

4070 Beaver Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,370. Typical income of Punta Gorda, FL residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

17%
<35k
49%
35k-100k
27%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
2%
Single, with Kids
63%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
3%
12-17 yrs old
5%
18-34 yrs old
39%
35-64 yrs old
49%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse
  • PaneraPanera

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • InfinitiInfiniti

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Contemporary InspirationalContemporary Inspirational
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5000 Palermo Dr

This home is located at 5000 Palermo Dr in Punta Gorda, FL and zip code 33950. This 2,709 square foot home, which was built in 2020, sits on a 0.23 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 2, 2024 and is currently priced at $1,610,000.

In January 2025, from all listings sold in Punta Gorda, FL there were more than 7 sold above asking price, over 123 sold below and more than 32 were sold right at the asked price. The number of listings in Punta Gorda, FL increased by 15.2% between December and January 2025. The median list price of listings available in January 2025 was $377,063, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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