incredible LOCATION & opportunity, Beautiful South-East exposure Lot in the secluded community of "By the Sea"; a hidden gem of a neighborhood within Punta Gorda, ONLY 5 minutes out to the Open Waters of Charlotte Harbor, SAIL BOAT OR POWER BOAT ACCESS, NO BRIDGES... 99' of STURDY RIP RAP seawall already in place, 28' Composite DOCK with a 10k Lift in place! This lot is READY for your new home and New Boat! DEAD end street - so low traffic. SUPER CLOSE & CONVENIENT to the Riviera Tiki Bar! and minutes to the fabulous new SUNSEEKER RESORT and the famous FISHERMAN'S VILLAGE SHOPS AND RESTAURANTS. Sailboat Access to Charlotte Harbor and into the Gulf of Mexico Via Alligator Creek, for some of the Best Boating and Fishing in all of Southwest Florida, from your DOCK! plus just a Short Drive to Dining, Shopping, Downtown Punta Gorda Historic District, Walk and Bike Paths, Golf, Tennis, Pickleball, Punta Gorda Airport and More. PLAN YOUR MOVE AND NEW HOME - ENJOY THE Relaxed Florida Waterfront Lifestyle! Buy now and BUILD or HOLD for your RETIREMENT!
This property is $50K less than the Median Sold Price in Punta Gorda, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #C7488263
Listing Office:
Office Name: KW PEACE RIVER PARTNERS
Office Phone: (941) 875-9060
Listing Agent: Kathi Bronson Melcher
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
Copyright 2024 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: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 27, 2018
Jun 27, 2018Home Sold
$164,000
Feb 22, 2001
Feb 22, 2001Home Sold
$45,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,303
$71,750
2019
$1,218
$78,735
2018
$1,219
$71,447
2017
$1,179
$71,320
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,698
Per Month
Principal & Interest
$1,623
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$8
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,041
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Sallie Jones Elementary School
1230 Narranja St
Distance between this listing and this school2.91 miles
Public District Grades PK-5
6
/10
East Elementary School
27050 Fairway Dr
Distance between this listing and this school4.88 miles
Public District Grades PK-5
3
/10
Peace River Elementary School
4070 Beaver Ln
Distance between this listing and this school5.72 miles
Public District Grades PK-5
Nearby Schools
3
/10
Punta Gorda Middle School
1001 Education Ave
Distance between this listing and this school3.14 miles
Public District Grades 6-8
5
/10
Port Charlotte Middle School
23000 Midway Blvd
Distance between this listing and this school7.84 miles
Public District Grades 6-8
4
/10
Murdock Middle School
17325 Mariner Way
Distance between this listing and this school10.23 miles
Public District Grades 6-8
Nearby Schools
4
/10
Charlotte High School
1250 Cooper St
Distance between this listing and this school2.97 miles
Public District Grades 9-12
9
/10
Florida Southwestern Collegiate High School
26300 Airport Rd
Distance between this listing and this school3.45 miles
Public Charter Grades 9-12
7
/10
Charlotte Virtual Franchise
1445 Education Way
Distance between this listing and this school9.75 miles
The neighbors living near this home have an average income of $37,896. The majority of Punta Gorda, FL residents have income less than $35k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5486 River Bay Dr
What is the listing price of this property?
The listing price of 5486 River Bay Dr property is $325,000.
What type of property is this?
The property 5486 River Bay Dr is land located in Punta Gorda, Florida, 33950.
Is this property for sale now?
Active Listing: 5486 River Bay Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,303 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 27, 2018 for $164,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5486 River Bay Dr in Punta Gorda, FL and zip code 33950. This home sits on a 0.18 acre lot. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $325,000.
Punta Gorda, FL housing market in November 2024 saw over 5 listings sold above listed price, more than 34 sold at listed price and over 114 sold below. Between October 2024 and November 2024, Punta Gorda, FL real estate market has seen increase in the number of listings by 12.1%. In November 2024, listings were on the market for 81 days. During the same period, the median list price in this real estate market was $375,027.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 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.
PGA/LPGA
PGA/LPGA
Horse Races
Figure Skating
Stein Mart
Chico's
Nordstrom Rack
Bonefish Grill
LongHorn Steakhouse
Cracker Barrel
Lincoln
Buick
Oldsmobile
Classical
Contemporary Inspirational
Soft Adult Contemporary