5116 MELBOURNE STREET UNIT B303, PUNTA GORDA, FL, 33980
Active76 days on marketListed May 20, 2026MLS #C7526354
About this home
5116 MELBOURNE STREET UNIT B303
TURNKEY FURNISHED SESONAL / SHORT-TERM RENTAL. Experience the very best of the Southwest Florida lifestyle in this beautifully appointed 3-bedroom, 2.5-bath seasonal rental condo overlooking the sparkling waters of Charlotte Harbor. Offering breathtaking harbor views and nearly 1,800 square feet of elegant living space, this spacious residence is tastefully furnished and designed for comfort, relaxation, and entertaining. Ideally situated directly across from the elevator, the condo features an open-concept floor plan with soaring ceilings and abundant natural light throughout. The gourmet kitchen is beautifully finished with granite countertops, wood cabinetry, and ample workspace for effortless meal preparation and entertaining. The luxurious primary suite offers tray ceilings, private lanai access, walk-in closet, and a spacious ensuite bath complete with dual vanities and a walk-in shower. Additional highlights include an inside laundry room, a large half bath for guests, a deeded under-building parking space, guest parking, and a sprinkler system. Located within a friendly gated community surrounded by lush tropical landscaping, residents enjoy resort-style amenities including a heated swimming pool, relaxing spa, and an active social atmosphere with community events and activities. Perfectly positioned just minutes from Sunseeker Resort Charlotte Harbor, world-class boating and fishing, waterfront parks, and the charming shops, fine dining, art galleries, and entertainment of Punta Gorda’s historic downtown district, this exceptional seasonal rental offers the ultimate Florida waterfront lifestyle.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
1,759
Sqft
0.04 ac
Lot size
2006
Year built
One
Levels
$3
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$196 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$196/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Punta Gorda actives
$3 vs $207
Days on market
76 vs 60 typical
Where $3/sqft sits among the 400 Punta Gorda actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Riverwalk District
Get to know Punta Gorda. See the full Punta Gorda guide →
Riverwalk District — neighborhood snapshot
Population
257
Median age
66
Median income
$35,129
Median home value
$197,306
Avg household
2
Households w/ children
8%
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Punta Gorda market
$345K → $345K
Punta Gorda median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
192 of 400
Punta Gorda actives have cut their price
Median sold price, Punta Gorda, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 96% below the PUNTA GORDA 33980 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 5116 MELBOURNE STREET UNIT B303
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$362,000
5722 NE TRAM LINE ROAD · same community
1 bd · 2 ba · 762 sqft · $475/sqft · 7 DOM
Sold · Nov ’25$205,000
1144 NW PEACE POINTE DRIVE UNIT 0 · same community
2 bd · 1.5 ba · 687 sqft · $298/sqft · 51 DOM
Sold · Nov ’25$205,000
1144 NW Peace Pointe Dr, Other City - In The State Of Florida FL 34266 · same community
2 bd · 1.5 ba · 51 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5116 MELBOURNE STREET UNIT B303 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5116 MELBOURNE STREET UNIT B303 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5116 MELBOURNE STREET UNIT B303 FAQs
What would the monthly payment be for 5116 MELBOURNE STREET UNIT B303?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $196/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 5116 MELBOURNE STREET UNIT B303?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Punta Gorda?+
At $5,000, this home is listed about 99% below the Punta Gorda median of $341,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5116 MELBOURNE STREET UNIT B303?+
Peace River Elementary School (elementary), Charlotte High School (high), Port Charlotte Middle School (middle) — Charlotte County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of THOMAS RYAN REAL ESTATE MANAGE · Sanjeev Ramachandran. MLS #C7526354.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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