7540 COCO PLUM Punta Gorda, FL 33955
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,918 sqft
Price per Sqft $148
Subdivision Punta Gorda Isles Sec 18
MLS Listing ID A4700604
Bedrooms 4
Full Baths 2
Construction Status Fixer
HOA Fees $295/ann
HOA Y/N Yes
Annual Recurring Fee 295.0
Year Built 1992
Annual Tax Amount $5,150
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
residence offering approximately total area 2,712 square feet presents a prime value-add opportunity with strong margins for fix-and-flip,
rental, or long-term hold strategies. Offered at $284,990 with an estimated $30,000 renovation budget and an after-repair value (ARV)
projected at $400,000, this property delivers a compelling investment profile in a desirable and steadily appreciating market. The home features
a functional and highly desirable split floor plan with high ceilings, recessed lighting, and tile flooring throughout, providing a solid base for
cosmetic enhancements. The expansive open living area is ideal for modern redesign concepts and flows seamlessly through French doors to the
covered lanai, creating excellent potential for indoor-outdoor living upgrades. The kitchen is already equipped with stainless steel appliances,
granite countertops, a center island with breakfast bar, wood cabinetry, and a walk-in pantry with glass door offering a strong starting point for
light updates to maximize resale value. The primary suite is generously sized and includes a walk-in closet and en-suite bathroom with dual
sinks, a tiled walk-in shower, and a soaking tub. A connected flex space with French door entry can function as a fourth bedroom, office, or
nursery, increasing versatility and buyer appeal. Two additional guest bedrooms are positioned on a split layout for privacy and share a full
bathroom with a shower/tub combination and direct lanai access ideal for a future pool addition, further enhancing ARV potential. Key capital
improvements have already been completed, significantly reducing upfront risk and major expense for the next owner: The property also
features electronic hurricane shutters on both the front entry and rear lanai, adding convenience, safety, and insurance appeal. With LOW HOA
fees and NO flood insurance required, ongoing ownership costs remain favorable an important factor for both investors and end users. Located
in the quiet and well-maintained Burnt Store Meadows community, the property benefits from close proximity to area highlights including Burnt
Store Marina with deep-water boating access and the Burnt Store Marina Country Club featuring a 27-hole golf course. Residents enjoy
convenient access to the US-41 Multi-Use Trail connecting to Punta Gorda's scenic pathways, as well as a short drive to Fishermen's Village for
waterfront dining, boutique shopping, and entertainment. Nearby parks and natural attractions, including Ponce De Leon Park, further enhance
the location's lifestyle appeal. Positioned just minutes from US-41 and I-75, this property offers excellent accessibility, supporting strong resale
demand and rental potential. With solid structural components, desirable layout, recent major system upgrades, and clear cosmetic upside, this
is a high-potential investment opportunity in one of Punta Gorda's most sought-after communities. Unlock the value and capitalize on the spread
schedule your showing today.
Location
State FL
County Charlotte
Community Punta Gorda Isles Sec 18
Area 33955 - Punta Gorda
Zoning GS-3.5
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Cooktop, Dishwasher, Microwave, Range
Laundry Laundry Room
Exterior
Exterior Feature Rain Gutters, Sliding Doors
Garage Spaces 2.0
Utilities Available BB/HS Internet Available, Cable Connected, Sewer Connected, Water Available
Water Access No
Roof Type Shingle
Attached Garage true
Exposure East
Garage true
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco,Wood Siding
New Construction false
Construction Status Fixer
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $24
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4700604
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