48 Hibiscus Dr Punta Gorda, FL 33950
Punta Gorda Isles Neighborhood
3
Beds
2
Baths
1,387
Sq Ft
9,600
Sq Ft Lot
Highlights
- 80 Feet of Salt Water Canal Waterfront
- Dock made with concrete
- Canal View
- Sallie Jones Elementary School Rated A-
- In Ground Pool
- Deck
About This Home
As of January 2025Prime Waterfront Location for Boaters and Sailors in Punta Gorda. Situated in the highly desirable Old Sailboat area, this property offers immediate, no fixed bridge access to Charlotte Harbor and the Gulf of Mexico, making it a dream location for boaters and sailors alike. Whether you're out on the water for a leisurely sail or a day of fishing, you'll enjoy the unparalleled convenience of being just minutes from open waters. Located just minutes from the vibrant downtown Punta Gorda, this home puts you in the heart of this charming, historic town. Explore its scenic parks, vibrant farmers' markets, excellent restaurants, unique shops, and relaxing spas. The community thrives with local festivals, car shows, and events that give Punta Gorda a fun and welcoming vibe. Just across the harbor, Sunseeker Resorts offers upscale dining options, making it easy to enjoy fine cuisine close to home. This home has experienced significant flooding from both Hurricane Helene and Hurricane Milton, and is being sold As-Is. While the structure is still standing, sections of drywall and other materials have been removed due to water damage. The property is priced to reflect the value of the land, which sits in an exceptional location for boating and waterfront living. Potential buyers should be aware of the 50% rule when considering any renovations or rebuilding plans. This is an excellent opportunity for someone looking to invest in a prime waterfront lot and create a custom home tailored to their needs. Whether you're looking for a renovation project or planning to start fresh, this is a chance to own a piece of paradise at an attractive price. With its unbeatable location and tremendous potential, this property is ready for a new owner to bring it back to life. Nowhere But Here!!!
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-639-0000 License #3429597 Listed on: 12/17/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,416
Year Built
- Built in 1970
Lot Details
- 9,600 Sq Ft Lot
- Lot Dimensions are 80x120
- 80 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- West Facing Home
- Landscaped with Trees
- Property is zoned GS-3.5
Parking
- 2 Car Attached Garage
Property Views
- Canal
- Pool
Home Design
- Florida Architecture
- Block Foundation
- Tile Roof
- Stucco
Interior Spaces
- 1,387 Sq Ft Home
- Sliding Doors
- Living Room
- Concrete Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Pool
- In Ground Pool
- Fiberglass Pool
Outdoor Features
- No Fixed Bridges
- Access to Saltwater Canal
- Seawall
- Dock made with concrete
- Deck
- Enclosed patio or porch
Location
- Flood Zone Lot
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Punta Gorda Community
- Punta Gorda Isles Sec 03 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 31 / 14
- Assessor Parcel Number 412211156013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2024
Closed on
Jan 23, 2025
Sold by
Mark H Hoffman Revocable Trust and Hoffman Mark H
Bought by
Anthony Todd L
Seller's Agent
John Ludden
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Leslie Poole
POOLE REALTY GROUP, LLC
List Price
$400,000
Sold Price
$400,000
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
210.41%
Purchase Details
Closed on
Oct 27, 2020
Sold by
Hoffman Beth and The Beth A Hoffman Revocable T
Bought by
Hoffman Mark and The Mark Hoffman Revocable Tru
Purchase Details
Closed on
Sep 8, 2020
Sold by
Hoffman Mark and Hoffman Beth
Bought by
Hoffman Mark
Purchase Details
Closed on
Jan 7, 2013
Sold by
Hoffman Mark and Hoffman Beth
Bought by
Hoffma Mark H and Mark H Hoffman Revocable Trust
Purchase Details
Listed on
Nov 13, 2011
Closed on
Feb 29, 2012
Sold by
Balkin Mary A
Bought by
Hoffman Mark and Hoffman Beth
Seller's Agent
WILLIAM WRIGHT
Buyer's Agent
Christie Carlomany
FLORIDIAN REALTY SERVICES, LLC
List Price
$315,000
Sold Price
$315,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Purchase Details
Closed on
Feb 28, 1997
Sold by
Tanner Donald L and Tanner Karen E
Bought by
Balkin William B and Balkin Mary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.91%
Purchase Details
Closed on
Nov 28, 1994
Sold by
Hendricks Alice
Bought by
Tanner Donald L and Tanner Karen E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.92%
Similar Homes in Punta Gorda, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | First International Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $315,000 | Attorney | |
| Warranty Deed | $158,500 | -- | |
| Warranty Deed | $148,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $190,000 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $78,000 | No Value Available | |
| Previous Owner | $88,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $595,000 | +48.8% | $429 / Sq Ft |
| 01/23/2025 01/23/25 | Sold | $400,000 | 0.0% | $288 / Sq Ft |
| 12/19/2024 12/19/24 | Pending | -- | -- | -- |
| 12/17/2024 12/17/24 | For Sale | $400,000 | +27.0% | $288 / Sq Ft |
| 02/29/2012 02/29/12 | Sold | $315,000 | 0.0% | $223 / Sq Ft |
| 01/11/2012 01/11/12 | Pending | -- | -- | -- |
| 11/12/2011 11/12/11 | For Sale | $315,000 | -- | $223 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,232 | $352,003 | -- | -- |
| 2023 | $6,232 | $341,750 | $0 | $0 |
| 2022 | $5,943 | $331,796 | $0 | $0 |
| 2021 | $5,609 | $322,132 | $272,000 | $50,132 |
| 2020 | $5,886 | $310,381 | $272,000 | $38,381 |
| 2019 | $6,656 | $345,294 | $272,000 | $73,294 |
| 2018 | $6,021 | $327,879 | $255,000 | $72,879 |
| 2017 | $5,599 | $303,332 | $247,350 | $55,982 |
| 2016 | $5,368 | $279,464 | $0 | $0 |
| 2015 | $4,944 | $254,058 | $0 | $0 |
| 2014 | $4,696 | $240,207 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Poole
Seller's Agent in 2025
Leslie Poole
POOLE REALTY GROUP, LLC
(941) 763-9381
32 in this area
116 Total Sales
-
John Ludden
Seller's Agent in 2025
John Ludden
Michael Saunders
(941) 447-5678
14 in this area
88 Total Sales
-
W
Seller's Agent in 2012
WILLIAM WRIGHT
-
Christie Carlomany
C
Buyer's Agent in 2012
Christie Carlomany
FLORIDIAN REALTY SERVICES, LLC
(941) 875-3887
13 Total Sales
Map
Source: Stellar MLS
MLS Number: C7502043
APN: 412211156013
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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