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Charlotte County Β· Port Charlotte, FL 33980

🚨 $66/SqFt FLASH SALE ($135K SPREAD)! Remodeled 4BD CBS in Punta Gorda | $260K ARV ($1,450/mo Rent) πŸ’Ž

$139,000
4
Beds
1
Baths
1,888
Sq ft
1957
Year built
$86K spread

About this property

This remodeled 1,888-square-foot concrete block home on a 0.34-acre lot in Punta Gorda, FL is offered at $139,000 ($68 per square foot) with a highest reasonable ARV of $225,000 ($138 per square foot); the same property sold for $262,500 in 2023 and an across-the-street comparable sold for $226,000 in 2026. The four-bedroom, one-bath residence features an updated kitchen, fully renovated bathroom, new flooring, fresh drywall and paint, and a recently repaired older shingle roof; utilities include public sewer, connected water, central A/C, electric heat, and inside laundry. Currently tenant-occupied at $1,450 per month (1.16% rent-to-price ratio) with the lease expiring in six months, the property projects market rent of $2,000-$2,200 monthly thereafter; annual taxes are approximately $1,240 with no HOA. Investor strategies include a day-one 11%+ cap rate with a significant rent bump in six months or a high-equity flip adding a second bathroom and new roof targeting a $240,000-$260,000 ARV.

Property snapshot

Layout4 Bed / 1 Bath
Living area1,888 sq ft
Year built1957
Property typeLand
CountyCharlotte County

Deal details

Asking price$139,000
ARV estimate$225,000
Spread (ARV βˆ’ asking)$86,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$139K
ARV est.
$225K
Spread
$86K
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M
Ms. Meriam
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