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7540 Coco Plum

PUNTA GORDA, FL 33955
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Bed 4

Bed

Bath 2

Bath

SqFt1,918

Sqft

Acres0.22

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $289,990

AD Id : 76848104

MLS Id : MFRA4689087

Beds : 4

Lot Size : 0.22 Acre

Living Area Size : 1,918

Year Built : 1992

Garage : 2

County : Charlotte

Subdivision: Punta Gorda Isles Sec 18

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Interior Features

    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) Roof: Shingle Appliances: Cooktop, Dishwasher, Microwave, Range Laundry Features: Inside, Laundry Room

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Tile Construction Materials: Block, Stucco, Wood Siding
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1992
  • Exterior Features

    Rain Gutters, Sliding Doors Construction Materials: Block, Stucco, Wood Siding Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 9598 Lot Acres: 0.22 Lot Size (SqMt): 892

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$289990

  • Tax Information

    Tax Block: 404 Tax Book Number: 10-4A-Q Tax Lot: 12 Tax 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 Annual Tax: $5150.05 Tax Year: 2025 Parcel Number: 412333182003

  • Garage Information

    Has Garage: Yes Garage Space: 2

    Homeowners Association Information

    HOA: $295.00 Annually

  • Utility Information

    BB/HS Internet Available, Cable Connected, Sewer Connected, Water Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: PUNTA GORDA ISLES SEC 18 City: PUNTA GORDA Direction: 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 straight for approximately 0.3 miles—7540 Coco Plum Drive will be on your right
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ByOwner last updated this listing 06/08/2026 @ 18:20

MLS: MFRMLS #A4689087 LISTED BY: Loukas Masouras, REALTY ONE GROUP MVP 800-896-8790 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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