5223 BALMOR TERRACE

Property Details

Description

Virtually Staged. An exceptional opportunity to own a spacious, custom-built 2025 home offering nearly 2,900 square feet of living space on an oversized double lot. Now offered at $674,900, this impressive 3-bedroom, 2-bath residence combines quality construction, generous living space, substantial upgrades, and no HOA fees. Offering 2,899 square feet of living area and 4,278 total square feet, the home features an oversized three-car garage with extra-tall garage doors, a large driveway with abundant additional parking, and high-impact windows and doors throughout. Additional upgrades include a Generac whole-house backup power system with a 500-gallon propane tank, whole-house water filtration system, tankless propane water heater, and an extra-large covered lanai ideal for enjoying Florida's outdoor lifestyle. Situated on a double lot in a desirable North Port neighborhood convenient to shopping, dining, entertainment, recreation, and the growing Wellen Park area, this home offers exceptional space and flexibility without the expense of HOA fees. With a final builder cost of approximately $860,000, this property is now offered substantially below its construction cost. Comparable new homes in nearby Wellen Park can exceed $1 million, making this custom home an opportunity that deserves a closer look. Come experience the space, quality, and value of this exceptional North Port home for yourself. I especially like moving “2025,” “$674,900,” “nearly 2,900 square feet,” “double lot,” and “no HOA” into the first paragraph. Those are some of Balmor's strongest advantages based on the competition we just reviewed. One other thought: I'd replace “Come see it for yourself before this opportunity is gone!” The house has been on the market 54 days, so that urgency line isn't helping us much. “Come experience the space, quality, and value…” sounds more credible and upscale.

Facts & Costs

Property type

Single Family Residence

Year built

2025

Lot size

0.47 acres

Garage

3 spaces

Price per sq ft

$233

Days on market

58

Private pool

No

Waterfront

No

Community

N Englewood Sub

Subdivision

BLK 2529 51ST ADD TO PORT CHARLOTTE FL 34288

County

Sarasota

New construction

Yes

Flood zone

X

Monthly & yearly costs

Property taxes

$1,046 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Central

Cooling

Central Air

Flooring

Vinyl

Roof

Metal

Construction

Block

Parking

Oversized

Payment Estimate

$3,500 / month

Principal & interest

$3,413

Property taxes

$87

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Dishwasher
• Disposal
• Microwave
• Range
• Range Hood
• Refrigerator
• Tankless Water Heater
• Water Filtration System
• Coffered Ceiling(s)
• High Ceilings
• Kitchen/Family Room Combo
• Open Floorplan
• Primary Bedroom Main Floor
• Solid Surface Counters
• Solid Wood Cabinets
• Walk-In Closet(s)
• None