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Overview

3 bd2 ba1,615 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built1992
Lot13,067 sqft
Living area1,615 sqft
Price / sqft$173
Garage2 car

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About this home

Cathedral Ceiling(s)Living Room/Dining Room ComboSplit BedroomSliding DoorsRange

5230 Montego Ln is a 1992-built home in Port Charlotte Sec 056, Port Charlotte. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,615 square feet of living space. Listed at $279,900 (about $173/sqft), 122 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

BANK OWNED property, With some TLC you can have equity in this 3-bedroom, 2 bath home in Port Charlotte in the coveted Gulf Cove Community. Close proximity the Myakka State Forest and beaches of Englewood and Manasota Key. The Property Owners Association of Gulf Cove own two private waterfront recreational properties that encompass a little over 5 acres on the Myakka River, including boat launch, picnic area, pavilion and playground. Low POA fee of $75.00 ANNUALLY. Schedule your showing appointment today!

The essentials

Built
1992
Price / sqft
$173
On market
122 days
Annual tax
$4,351
Flood zone
X · Low risk
Lot
13,067 sqft
Type
Single Family Residence

At a glance

Single family
Built 1992
2 car garage
0.30 acres
Lot size
1,615 sqft
Living area

Payment

Est. monthly payment
$1,963/mo
Down payment (20%)
$55,980
Property taxes
$363/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1992
Lot
13,067 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Days on Market
122
Cathedral Ceiling(s)
Living Room/Dining Room Combo
Split Bedroom
Sliding Doors
Range
Homestead exemption on file Flood Zone x
Annual Tax (2025)
$4,351
Parcel #
402131276007

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Port Charlotte Sec 056
County
Charlotte
MLS Area
33981 - Port Charlotte
Lot Size
13,067 sqft

Price history

Date
Event
Price
7/14/2026
Price change
Source: Stellar MLS #TB8518820
$279,900-3.4%
$173/sqft
6/10/2026
Listed for sale
Source: Stellar MLS #TB8518820
$289,900
$180/sqft

Neighborhood

5230 Montego Ln
Port Charlotte, FL, 33981 · 33981 - Port Charlotte

Market insights

Offer Insights

Choose an offer strength

List price: $279,900
$267,500 – $279,900
95.7% – 100% of listTops out right at the list price
80% of listList price
231 of the last 457 home closings in 33981 landed at this number or higher (51%). The median one sat 89 days before it went under contract, and this one is on day 122 after a $10,000 cut.

Sample: 457 closed home sales in 33981 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$1,962/mo
Principal & interest$1,460
Property taxes$363
Insurance$140
Down payment20% · $55,980
Interest rate6.80%
Loan term

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Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$279,900

$173 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,615 sq ft

Time on market

122 days

Year built

1992

Monthly payment

About $1,963/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,351 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered bySUNCOAST REALTY SOLUTIONS, LLCListing agent: Brandi GabbardListing data from Stellar MLS, MLS# TB8518820.

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