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Overview

4 bd2 ba1,918 sqft2 car garageSingle Family
TypeSingle Family
HOA$295/yr
Built1992
Lot9,598 sqft
Living area1,918 sqft
Price / sqft$149
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Eat-in KitchenHigh CeilingsKitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main FloorSplit BedroomThermostat

7540 Coco Plum is a 1992-built home in Punta Gorda Isles Sec 18, Punta Gorda. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,918 square feet of living space. Listed at $284,990 (about $149/sqft), 187 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $295 annually.

From the listing

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 $284,990 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.

The essentials

Built
1992
Price / sqft
$149
On market
187 days
Annual tax
$5,150
HOA
$295/yr
Flood zone
X · Low risk
Lot
9,598 sqft
Type
Single Family Residence

At a glance

Single family
Built 1992
2 car garage
9,598 sqft lot
Lot size
1,918 sqft
Living area

Payment

Est. monthly payment
$2,082/mo
Down payment (20%)
$56,998
Property taxes
$429/mo
HOA
$295/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1992
Lot
9,598 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
187
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)
Rain Gutters
Cooktop
Dishwasher
Microwave
Range
Flood Zone X
Annual Tax (2025)
$5,150
Parcel #
412333182003

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Punta Gorda Isles Sec 18
County
Charlotte
MLS Area
33955 - Punta Gorda
Lot Size
9,598 sqft
HOA
$295/yr
Star Hospitality Manager

Price history

Date
Event
Price
9/22/2026
Price change
Source: Stellar MLS #A4689087
$284,990-1.7%
$149/sqft
4/6/2026
Listed for sale
Source: Stellar MLS #A4689087
$289,990
$151/sqft

Neighborhood

7540 Coco Plum
Punta Gorda, FL, 33955 · 33955 - Punta Gorda

Market insights

Offer Insights

Choose an offer strength

List price: $284,990
$277,500 – $284,990
97.2% – 100% of listTops out right at the list price
80% of listList price
121 of the last 240 home closings in 33955 landed at this number or higher (50%). The median one sat 55 days before it went under contract, and this one is on day 187 after a $5,000 cut.

Sample: 240 closed home sales in 33955 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$2,083/mo
Principal & interest$1,486
Property taxes$429
Insurance$142
HOA$25
Down payment20% · $56,998
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$284,990

$149 per sq ft

Beds and baths

4 beds, 2 baths

Size

1,918 sq ft

Time on market

187 days

Year built

1992

Monthly payment

About $2,082/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,150 annual tax bill, insurance, and the $295/yr HOA fee.

HOA fee

$295/yr

Managed by Star Hospitality Manager.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byREALTY ONE GROUP MVPListing agent: Loukas MasourasListing data from Stellar MLS, MLS# A4689087.

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