7540 Coco Plum, FL
Stellar MLS

$289,990

7540 Coco Plum

Punta Gorda, FL 33955

Active
4
Beds
2
Baths
1,918
Sq Ft
0.22
Acres
1992
Built
$151/sqft360° tour
Single Family Residence

Property type

1992

Year built

9,598 sqft

Lot size

$151

Price / sq ft

$25/mo

HOA dues

54

Days on market

2

Garage spaces

X

Flood zone

About this home

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. Offered at $289,990 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.

Estimated monthly payment

Principal & interest$1,466
Property taxes$429
Home insurance (est.)$133
HOA dues$25

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history54 days on market

  1. Status: Active
    Apr 14, 2026
  2. Listed$289,990
    Apr 7, 2026
  3. Price increased$289,990

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
54
Subdivision
Punta Gorda Isles Sec 18
County
Charlotte
Year built
1992
Living area
1,918 sq ft
Price/sq ft
$151
Building area
2,712 sq ft (Owner)
Lot size
9,598 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12015C0407G)
Garage
2 spaces
Annual taxes
$5,150 (2025)
Parcel #
412333182003
Zoning
GS-3.5
MLS #
A4689087

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Interior Details

Bedrooms
4
Full bathrooms
2
Flooring
Tile
Appliances
Cooktop, Dishwasher, Microwave, Range
Interior features
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)
Laundry
Inside, Laundry Room
Stories / Levels
One
Direction faces
East

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

HOA fee
$295 / Annually
Monthly HOA
$25/mo
Total monthly fees
$25/mo
Total annual fees
$295
HOA name
Star Hospitality Manager
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Rain Gutters, Sliding Doors
Construction materials
Block, Stucco, Wood Siding
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Sewer Connected, Water Available

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
Primary BedroomFirst13x15
Bedroom 2First12x13
Bedroom 3First12x14
Bedroom 4First9x16
KitchenFirst12x16
Living RoomFirst15x18
Dining RoomFirst8x10

Listing Details

Listing date
2026-04-06
On market date
2026-04-07
Original list price
$289,990
Occupant type
Vacant
MLS area
33955 - Punta Gorda
Listing AOR
West Pasco
Status changed
2026-04-14
Tax legal description
PGI 018 0404 0012 PUNTA GORDA ISLES SEC18 BLK404 LT12 1005/558 1060/383 1195/1679 DC2122/1405-PPW 2487/1119 3327397 3327399 3351753

Flood risk

Minimal riskFEMA Zone XPanel 12015C0407G

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From the intersection of US-41 (Tamiami Trail) and Aqui Esta Drive in Punta Gorda, head west on Aqui Esta Drive for approximately 2.5 miles. Turn left onto Rio De Janeiro Avenue and continue for about 0.5 miles. Turn right onto Coco Plum Drive. Continue straight for approximately 0.3 miles—7540 Coco Plum Drive will be on your right

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 4, 2026 at 7:15 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA