$289,990

Estimated payment $2,015/month

Total Views 26
4 Beds
2 Baths
1,918 Sq Ft
$151 Price per Sq Ft

Highlights

  • Open Floorplan
  • Walk-In Pantry
  • Rear Porch
  • Vaulted Ceiling
  • Family Room Off Kitchen
  • 2 Car Attached Garage

About This Home

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.

Listing Agent

Loukas Masouras

REALTY ONE GROUP MVP Brokerage Phone: 800-896-8790 License #3266456 Listed on: 04/07/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,150

Year Built

  • Built in 1992

Lot Details

  • 9,598 Sq Ft Lot
  • East Facing Home
  • Property is zoned GS-3.5

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,918 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Screened Patio
  • Rain Gutters
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Community Details

  • Star Hospitality Manager Association, Phone Number (941) 575-6764
  • Visit Association Website
  • Punta Gorda Isles Community
  • Punta Gorda Isles Sec 18 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,150

Year Built

Built in 1992

Lot Details

9,598 Sq Ft Lot

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Wood Siding
  • Fireplace: No
  • Living Area: 1918
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 2712
  • Lot Size Sq Ft: 9598
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 251.95
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: New Broad St
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 151.19
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 800-896-8790
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior 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)
  • Appliances Included: Cooktop, Dishwasher, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Living Area Meters: 178.19

Exterior Features

  • Direction Faces: East
  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12015C0407G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 295
  • Association Fee Frequency: Annually
  • Association Name: Star Hospitality Manager
  • Phone: 941-575-6764
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: D.Phillips@starhospitalitymanagement.com
  • Association URL: www.bsmpoa.com

Fee Information

  • Total Annual Fees: 295.00
  • Total Monthly Fees: 24.58
  • Monthly HOA Amount: 24.58

Lot Info

  • Zoning: GS-3.5
  • Parcel Number: 412333182003
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5150.05
  • Tax Block: 404
  • Tax Book Number: 10-4A-Q
  • Tax Lot: 12

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $5,257 $309,899 $46,750 $263,149
2024 $1,985 $313,925 $51,000 $262,925
2023 $1,985 $157,013 $0 $0
2022 $1,919 $152,440 $0 $0
2021 $1,895 $148,000 $0 $0
2020 $1,824 $145,957 $0 $0
2019 $1,790 $142,675 $0 $0
2018 $1,633 $140,015 $0 $0
2017 $1,615 $137,135 $0 $0
2016 $1,606 $134,314 $0 $0
2015 $1,622 $133,380 $0 $0
2014 $1,622 $132,321 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2026 04/07/26 For Sale $289,990 -12.1% $151 / Sq Ft
12/19/2023 12/19/23 Sold $330,000 -5.7% $172 / Sq Ft View Prior Sale
11/10/2023 11/10/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $349,900 -5.2% $182 / Sq Ft
11/02/2023 11/02/23 Price Changed $369,000 -1.6% $192 / Sq Ft
10/31/2023 10/31/23 Price Changed $375,000 -5.1% $196 / Sq Ft
10/28/2023 10/28/23 For Sale $395,000 -- $206 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Certificate Of Transfer $180,000 --
Warranty Deed $330,000 None Listed On Document
Warranty Deed $320,000 Giannell Title
Warranty Deed $300,000 Giannell Title
Warranty Deed $198,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Balloon
Previous Owner $178,000 Purchase Money Mortgage
Source: Public Records

Source: Stellar MLS

MLS Number: A4689087

Stellar MLS

APN: 412333182003

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