Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1992
Sq.Footage
1,918
Investor Opportunity in Burnt Store Meadows 7540 Coco Plum, Punta Gorda, FL 33956. This spacious 4-bedroom, 2-bathroom, 2-car garage 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 $289,990 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.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, High Ceilings, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
-
Total Bedrooms
4
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Block, Stucco, Wood Siding
-
Other Exterior Features
Rain Gutters
-
Parking
Attached
-
Patio and Porch Features
Rear Porch, Screened
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.22
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$289,990
-
Tax Amount
$5,150.05
-
Sq. Footage
1, 918
-
Price/SqFt
$151
HOA
-
Association
Yes
-
Association Fee
$295
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
-
Total Monthly Fees
$24.58
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
12
-
Water Source
Public
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Location
County
Charlotte
Elementary School
Middle School
High School
Listing Courtesy of Loukas Masouras , REALTY ONE GROUP MVP
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