UPDATED:
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 $114
Subdivision Solana Oaks
MLS Listing ID 225059845
Style Resale Property
Bedrooms 3
Full Baths 2
HOA Y/N Yes
Year Built 1967
Annual Tax Amount $5,099
Tax Year 2024
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type Single Family Residence
Source Naples
Land Area 1335
Property Description
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
Area Solana Oaks
Rooms
Dining Room Dining - Living
Interior
Interior Features Other
Heating Other
Equipment Other
Furnishings Unfurnished
Fireplace No
Appliance Other
Heat Source Other
Exterior
Waterfront Description None
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Oversize
Story 1
Water Central
Architectural Style Ranch, Single Family
Level or Stories 1
Structure Type Concrete Block,Wood Frame,Stucco
New Construction No
Schools
Elementary Schools East Elementary School
Middle Schools Punta Gorda Middle School
High Schools Charlotte High School
Others
Pets Allowed Yes
Senior Community No
Tax ID 412305235001
Ownership Single Family
