
5 TROPICANA DRIVE, PUNTA GORDA, FL, 33950
Active4 days on marketListed Jul 29, 2026MLS #C7528980
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
Inside
Outside & construction
Community & fees
Utilities & systems
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%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,961/mo
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
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
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
95.0%
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
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.
Sold · Nov ’25$400,000
2426 FLORA LANE · same community
2 bd · 2 ba · 1,288 sqft · $311/sqft · 34 DOM
Sold · Feb ’26$318,500
135 GULFVIEW ROAD · same community
2 bd · 2 ba · 1,556 sqft · $205/sqft · 259 DOM
Sold · 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5 TROPICANA DRIVE — start here.

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.
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.
Keep looking
Similar homes nearby
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.
Never miss a listing
New Punta Gorda homes, in your inbox
Like 5 TROPICANA DRIVE but not quite? A daily digest of every new listing in Punta Gorda — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →


