7540 Coco Plum, Punta Gorda, FL 33955

$289,990
  • 7540 Coco Plum, Punta Gorda, FL 33955 Main Photo

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Active
BEDS4 BATHS2 full SQUARE FEET1,918 MLS#A4689087
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPUNTA GORDA ISLES

Property Description

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.

7540 Coco Plum | MLS# A4689087

This single family home located at 7540 Coco Plum, Punta Gorda, FL 33955 is currently listed for sale with an asking price of $289,990. This property was built in 1992 and has 4 bedrooms and 2 full baths with 1918 sq. ft. Coco Plum is located in the PUNTA GORDA ISLES subdivision. Search PUNTA GORDA ISLES real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.22 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,150
Year Built: 1992

Amenities

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)
Rain Gutters
Sliding Doors

Feature Descriptions

Appliances: Cooktop, Dishwasher, Microwave, Range
Days on Site: 24
Directions: From the intersection of US-41 (Tamiami Trail) and Aqui Esta Drive in Punta Gorda, head west on Aqui Esta Drive for approximately 2.5 miles. Turn left onto Rio De Janeiro Avenue and continue for about 0.5 miles. Turn right onto Coco Plum Drive. Continue s
Exterior: Block, Stucco, Wood Siding
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
HOA Fee: 295/ Annually
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.22
Ownership: Fee Simple
Patio/Porch: Rear Porch, Screened
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Combination Lock Box, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Connected, Sewer Connected, Water Available
Water: Public
Water Access Y/N: No
Zoning: GS-3.5

Room Sizes

Primary Bedroom: 13x15
Bedroom 2: 12x13
Bedroom 3: 12x14
Bedroom 4: 9x16
Kitchen: 12x16
Living Room: 15x18
Dining Room: 8x10

Listed By / Shown By

Listed By

Agency Name: REALTY ONE GROUP MVP
Agency Contact: 800-896-8790

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500

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Estimated Payment

$ 1,159.14 per month $645.39 Principal & Interest $429.17 Property Tax $84.58 Homeowner's Insurance

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