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Punta Gorda,FL 33950
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,090 sqft
Price per Sqft $110
Subdivision Solana Oaks
MLS Listing ID 225059845
Style Ranch,One Story
Bedrooms 3
Full Baths 2
Year Built 1967
Annual Tax Amount $5,099
Tax Year 2024
Lot Size 0.570 Acres
Property Sub-Type Single Family Residence
Property Description
Investor & Builder Alert – Fix & Flip Opportunity with Subdivision Potential in Punta Gorda!
Unlock the potential of this promising investment property located in the heart of Punta Gorda. This 3-bedroom, 2-bathroom home offers approximately 1,100 square feet of living space and sits on an expansive lot of over half an acre – with the potential to be subdivided into two additional buildable lots (buyer to verify).
Property Highlights:
3 Bedrooms | 2 Bathrooms
Approx. 1,100 Sq Ft of Living Space
Huge Lot – Over 0.5 Acres (Possibly Subdividable into 2 Additional Lots)
Prime Location: Only 1 Mile to I-75 and 2 Miles to Downtown Punta Gorda
Estimated Renovation Cost: $55,000
After Repair Value (ARV): Approx. $265,000
This property presents multiple exit strategies, making it an excellent choice for investors, builders, and home flippers. Renovate the existing home and resell for top dollar, or take advantage of the oversized lot to develop additional properties. Whether you're looking for a quick flip or a longer-term development project, the numbers work on this one.
Strategically located just minutes from major highways, shopping, dining, and the waterfront attractions of downtown Punta Gorda, this area continues to grow in demand. Opportunities like this – with renovation and build potential on a large lot – are increasingly rare in such a desirable location.
Don't miss this chance to capitalize on the booming Punta Gorda market. Renovate, build, or hold – the choice is yours with this high-upside property!
Location
State FL
County Charlotte
Community Solana Oaks
Area Ch01 - Charlotte County
Interior
Heating Other
Cooling Other
Flooring Other
Exterior
Exterior Feature Other
Community Features Non- Gated
Utilities Available Cable Not Available
Amenities Available Other
Waterfront Description None
Roof Type Shingle
Building
Lot Description Oversized Lot, Other
Story 1
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco,Wood Frame
Schools
Elementary Schools East Elementary School
Middle Schools Punta Gorda Middle School
High Schools Charlotte High School
Others
Acceptable Financing Cash
Listing Terms Cash
Pets Allowed Yes