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$279,900

4 Beds 2 Baths 1,918 SQFT 0.22 Acres
Type: Single Family

7540 COCO PLUM
PUNTA GORDA, FL 33955

MLS#: A4689087
Billy Gabler
Billy Gabler
The Real Estate Advantage
Agent
Phone: 612.916.9000
Office: 952.226.7700
Presented by: REALTY ONE GROUP MVP with 800-896-8790. - 800-896-8790

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. **BRAND NEW 5 TON HVAC 2026 **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.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringTile
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry FeaturesInside, Laundry Room
Total Stories1

General

Additional Parcels Y/NNo
AppliancesCooktop, Dishwasher, Microwave, Range
Assoc Fee Paid PerAnnually
Association NameStar Hospitality Manager
Attached Garage Yes
Building Area Units0 sqft
Carport Y/NNo
CityPUNTA GORDA
Construction MaterialsBlock, Stucco, Wood Siding
CoolingCentral Air
CountyCharlotte
DirectionsInterstate 75 (I-75) and Jones Loop Road (Exit 161), Punta Gorda, FL From Interstate 75, take Exit 161 toward Jones Loop Road. Turn west onto Jones Loop Road. Continue approximately 0.8 miles to U.S. Highway 41 South (Tamiami Trail). Turn left onto U.S. Highway 41 South (Tamiami Trail). Continue approximately 3.5 miles. Turn right onto Royal Poinciana. Turn left onto Dracena Avenue. Turn right onto Gold Tree. Turn right onto Coco Plum. Continue to 7540 Coco Plum, which will be on the right-hand side.
Facing DirectionEast
Flood Zone CodeX
Flood Zone Code XY
Full Baths2
Garage Spaces2
Garage Y/NYes
HOA Fee$295
HeatingCentral
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionPGI 018 0404 0012 PUNTA GORDA ISLES SEC18 BLK404 LT12 1005/558 1060/383 1195/1679 DC2122/1405-PPW 2487/1119 3327397 3327399 3351753
LevelsOne
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet9,598 sqft
Lot Size UnitsSquare Feet
MLS Area33955 - Punta Gorda
Minimum LeaseNo Minimum
Monthly HOA Amount$25
New ConstructionNo
Occupancy TypeVacant
OwnershipFee Simple
Patio/Porch FeaturesRear Porch, Screened
Pets AllowedYes
PossessionClose Of Escrow
Property ConditionFixer
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePUNTA GORDA ISLES SEC 18
Tax Annual Amount$5,150
Tax Lot12
Tax Year2025
Total Rooms7
UtilitiesBB/HS Internet Available, Cable Connected, Sewer Connected, Water Available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1992
ZoningGS-3.5

Exterior

Building Area Total2,712 sqft
Covered Spaces2
Exterior AmenitiesRain Gutters, Sliding Doors
Foundation DetailsSlab
Lot Size Acres0.22
Lot Size Area9,598 sqft
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$279,900

4 Beds 2 Baths 1,918 SQFT 0.22 Acres
Type: Single Family

7540 COCO PLUM
PUNTA GORDA, FL 33955

MLS#: A4689087
Billy Gabler
Billy Gabler
The Real Estate Advantage
Agent
Phone: 612.916.9000
Office: 952.226.7700