David Ramirez

5 TROPICANA DRIVE, PUNTA GORDA, FL, 33950

Active4 days on marketListed Jul 29, 2026MLS #C7528980

WaterfrontPUNTA GORDA ISLES SEC 04

About this home

5 TROPICANA DRIVE

Welcome to 5 Tropicana Drive, one of the few remaining premium buildable waterfront lots in Punta Gorda Isles. Ideally positioned at the northern tip of the highly desirable Sailboat Section, this rare key lot offers expansive panoramic views of Charlotte Harbor and an exceptional setting for a custom waterfront residence. The property features approximately 100 feet of seawall, significantly more than the typical 80 to 85 feet, providing ample room for multiple docks and boat lifts. The lot also lends itself well to an L-shaped home design, allowing the main living areas to capture the impressive harbor views while maintaining privacy throughout the outdoor and rear living spaces. Extensive pre-construction work has already been completed, including soil testing, engineering based on the soil results, surveys, an elevation certificate, site plans, architectural plans, and structural engineering. Current engineering indicates that pilings are not required. These documents and plans may be available to the purchaser at an additional cost, potentially saving considerable time during the design and permitting process. Several custom home designs are available for this property, with construction packages starting at approximately $800,000. Plans are available and ready to move forward, and the builder estimates an 8- to 9-month construction timeline following permit approval. This is a rare opportunity to create a custom waterfront home in one of Punta Gorda Isles’ most desirable locations, offering outstanding harbor views, generous seawall frontage, and direct sailboat access.

Facts & features

The home at a glance

0.22 ac

Lot size

Waterfront

Inside

Outside & construction

FacesSouth

Community & fees

Taxes (2025)$9,147/yr

Utilities & systems

UtilitiesCable Available · Electricity Available · Public · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$4,961 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,777
PMI (est., until 20% equity)$262
Property tax — 2025 actual bill$762
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $69,990Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $69,990
Interest rate6.00%
Loan term

Estimated payment

$4,961/mo

Principal & interest$3,777
PMI (est., until 20% equity)$262
Property taxes (actual bill)$762
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Punta Gorda Isles

Map of 5 TROPICANA DRIVE

Get to know Punta Gorda. See the full Punta Gorda guide →

Punta Gorda Isles — neighborhood snapshot

Population

10,031

Median age

68

Median income

$97,109

Median home value

$574,467

Avg household

2

Households w/ children

287

For the school run

Charlotte County School District

ElementarySallie Jones Elementary School★★★★
HighCharlotte High School★★★★★
MiddlePunta Gorda Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Punta Gorda market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$345K$345K

Punta Gorda median sold, yr/yr

95.0%

Sale-to-list ratio (12 mo)

Median sold price, Punta Gorda, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 162% above the PUNTA GORDA 33950 median. See the full Punta Gorda market guide →

Paper trail

This home's history

Jul 29, 2026Listed at $699,900 · 4 days on market since

Reality check

What actually sold near 5 TROPICANA DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

2426 FLORA LANESold · Nov ’25

$400,000

2426 FLORA LANE · same community

2 bd · 2 ba · 1,288 sqft · $311/sqft · 34 DOM

135 GULFVIEW ROADSold · Feb ’26

$318,500

135 GULFVIEW ROAD · same community

2 bd · 2 ba · 1,556 sqft · $205/sqft · 259 DOM

66 OCEAN DRIVESold · Aug ’25

$405,000

66 OCEAN DRIVE · same community

2 bd · 2 ba · 1,558 sqft · $260/sqft · 163 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5 TROPICANA DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5 TROPICANA DRIVE — 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.

Goes straight to David’s phone and CRM.

Straight answers

5 TROPICANA DRIVE FAQs

What would the monthly payment be for 5 TROPICANA DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,961/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 5 TROPICANA DRIVE?+

The most recent tax bill on record (2025) was $9,147. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Punta Gorda?+

At $699,900, this home is listed about 103% above the Punta Gorda median of $344,849. The market section on this page shows how the area is trending.

Which schools are assigned to 5 TROPICANA DRIVE?+

Sallie Jones Elementary School (elementary), Charlotte High School (high), Punta Gorda Middle School (middle) — Charlotte County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$699,900 runs 162% above the PUNTA GORDA 33950 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Fresh on the market

Only 4 days on market in a Punta Gorda market that averages 59 — if it fits, move quickly.

04Strong assigned schools

Sallie Jones Elementary School, Charlotte High School, Punta Gorda Middle School — Sallie Jones Elementary School rates 4 of 5. Always verify assignments with the district.

Listing courtesy of PREFERRED SHORE LLC · Nolan Springman. MLS #C7528980.

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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