7540 Coco Plum, Punta Gorda, FL, 33955

Fixer Upper - Primary on Main

Address

7540 Coco Plum, PUNTA GORDA, FL

Listing Type

Active

Price

$ 289,990

Your Agent

Lori Clark

Real Estate Expert

920-786-2224

Property Attributes

ID#A4689087
TypeSingle Family
Listing Status Active
CountyCharlotte
CityPUNTA GORDA
AreaPunta Gorda
NeighborhoodPUNTA GORDA ISLES SEC 18
Zip33955
StyleSingle Family Residence
Year Built1992
Taxes$ 5150
Price$ 289,990
Bedrooms4
Full Bathrooms2
Half Bathrooms0
Sqr Footage1918
Lot Size0.22 Acres

Data Source:

Stellar MLS

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 $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.

Price History
4/7/2026	Listed $289,990
6/19/2026	2$284,990
8/6/2026	2$289,990

General Features

Sewer	Public Sewer
Heating	Central
Cooling	Central Air
Utilities	BB/HS Internet Available,Cable Connected,Sewer Connected,Water Available
Possession	Close Of Escrow
Roof	Shingle
Appliances	Cooktop,Dishwasher,Microwave,Range
Zoning	GS-3.5
HOA Fee	295
Garage Spaces	2
Patio/Porch Features	Rear Porch,Screened
Construction Materials	Block,Stucco,Wood Siding
Pets Allowed	Yes
Year Built	1992
Levels	One
Property Subtype	Single Family Residence
Tax Year	2025
Ownership	Fee Simple
Assoc Fee Paid Per	Annually
County	Charlotte
New Construction	false
Property Type	Residential
Attached Garage	true
Subdivision Name	PUNTA GORDA ISLES SEC 18
Facing Direction	East
Garage Y/N	true
Total Rooms	7
Full Baths	2
Status	Active
Directions	Interstate 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.
City	PUNTA GORDA
Association Name	Star Hospitality Manager
Senior Community Y/N	false
MLS Area	33955 - Punta Gorda
Lot Size Units	Square Feet
Lot Size Square Feet	9598
Carport Y/N	false
Listing Terms	Cash,Conventional
Land Lease Y/N	false
Tax Annual Amount	5150.05
Property Condition	Fixer
Additional Parcels Y/N	false
Lease Considered Y/N	true
Virtual Tour	https://www.propertypanorama.com/instaview/stellar/A4689087
Building Area Units	Square Feet
Living Area Units	Square Feet
Standard Status	Active
Occupancy Type	Vacant
Tax Lot	12
Legal Description	PGI 018 0404 0012 PUNTA GORDA ISLES SEC18 BLK404 LT12 1005/558 1060/383 1195/1679 DC2122/1405-PPW 2487/1119 3327397 3327399 3351753
Minimum Lease	No Minimum
Water Access Y/N	false
Monthly HOA Amount	24.58
Water View Y/N	false
Flood Zone Code	X
In Law Suite YN	false
Flood Zone Code X	Yes

Interior Features

Interior Amenities	Ceiling 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)
Flooring	Tile
Furnished Y/N	Unfurnished
Total Stories	1
Air Conditioning Y/N	true
Heating Y/N	true
Fireplace Y/N	false
Laundry Features	Inside,Laundry Room
Total Bedrooms	4
LivingAreaSource	Public Records
Total Baths	2

Exterior Features

Exterior Amenities	Rain Gutters,Sliding Doors
Water Source	Public
Lot Size Area	9598
Foundation Details	Slab
Building Area Total	2712
Lot Size Acres	0.22
Road Surface Type	Asphalt
Private Pool	false
Waterfront Y/N	false
Covered Spaces	2