💎 Rare Punta Gorda Pool Flip/ Rental 🏝️ $196K+ Instant Equity! 💰Buy $378K ARV $575K

Description

OFF-MARKET 3/3 PUNTA GORDA POOL FLIP
2005 BUILD, NOT DEED RESTRICTED!

BUY: $378,999
ARV: $575,000
RENT: $3,700/MO

Key Features:
🏡 3 bed, 🛀3 Full bath
🏊Well Maintained Pool
🔨2005 Build
🪴Low HOA!
♨️Heating Forced Air
❄️Cooling AC
🧺Laundry Room includes a washer and dryer
🌕Solar battery for backup

Property Details
Off-market 3/3 single-family home in Punta Gorda. It is perfect for a flip or rental, with a monthly rent of $3,700. The house was built in 2005, spans 2,350 square feet, and sits on a 9,600 square foot with land ownership! It is situated in a upscale community near the beach in Punta Gorda. This property uses city water and sewer. Additionally, it has low fees at HOA $494 per year!

Investor Analysis
Kitchen was recently updated (cabnets, countertops and appliances). Spanish tile roof is in great shape, windows & AC are in good shape. Pool has no known issues, the screening is all in tact.

Additionally, the home has solar panels which are already paid off in the back of the roof for backup.

The house needs minor cosmetic repairs such as paint, new carpet in the bedrooms, bathrooms can use remodeling, and new light fixtures and ceiling fans to sell or rent for top dollar.

Comps:
24044 Redfish Cove Dr, Punta Gorda, FL 33955

Sold in May 2024! 1.5 miles away
Sold: $690,000

25120 Harborside Blvd, Punta Gorda, FL 33955

Sold in December 2023! 1.1 miles away

Sold: $665,000

25151 Harborside Blvd, Punta Gorda, FL 33955
Sold in October 2023! 1.1 miles away
Sold: $695,000

17494 Huancay Ln, Punta Gorda, FL 33955
Sold in March 2024! 1 mile away
Sold: $630,000