5223 BALMOR TERRACE, NORTH PORT, FL, 34288
Active87 days on marketListed Aug 12, 2026MLS #N6145325
About this home
5223 BALMOR TERRACE
Virtually Staged. Built for Florida living. This is 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 Plus Den 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.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,899
Sqft
0.47 ac
Lot size
3
Garage
2025
Year built
One
Levels
$231
Per sqft
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.
$4,714 /mo · 10% down Conventional, 30-yr fixed at 7.5%
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
$4,714/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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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.
vs edgeAI estimate
+42.4%
$/sqft vs North Port actives
$231 vs $193
Days on market
87 vs 71 typical
Where $231/sqft sits among the 400 North Port 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 Kenvil
Get to know North Port. See the full North Port guide →
Kenvil — neighborhood snapshot
Population
1,458
Median age
26
Median income
$68,778
Median home value
$345,300
Avg household
3
Households w/ children
97%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The North Port market
$315K → $312K
North Port median sold, yr/yr
96.8%
Sale-to-list ratio (12 mo)
199 of 400
North Port actives have cut their price
Median sold price, North Port, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 2580% above the NORTH PORT 34288 median. See the full North Port market guide →
Paper trail
This home's history
Reality check
What actually sold near 5223 BALMOR TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$620,000
256 TAZEWELL DRIVE
3 bd · 3 ba · 2,788 sqft · $222/sqft · 49 DOM
Sold · May ’26$516,000
196 LECTURN STREET
3 bd · 2 ba · 2,435 sqft · $212/sqft · 81 DOM
Sold · Feb ’26$380,000
17034 TOLEDO BLADE BOULEVARD
4 bd · 2 ba · 2,432 sqft · $156/sqft · 55 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
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5223 BALMOR TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5223 BALMOR TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5223 BALMOR TERRACE FAQs
What would the monthly payment be for 5223 BALMOR TERRACE?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $4,714/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 5223 BALMOR TERRACE?+
The most recent tax bill on record (2025) was $1,046. 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 North Port?+
At $669,900, this home is listed about 100% above the North Port median of $334,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5223 BALMOR TERRACE?+
Atwater Elementary (elementary), Woodland Middle School (middle), North Port High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of FINE PROPERTIES · Frank DeFede. MLS #N6145325.
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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