7443 S Seagrape Rd · Punta Gorda, FL 33955

$339,990

3 bd · 2.0 ba · 1,952 sqft · Land · 24 Days on market

Built 2025 10,724 sqft lot $24/mo HOA · 1% of rent

---

Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.6/30.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• DSCR +3.8/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Designer-driven and unapologetically distinct. Natural zinc matte flooring pairs with oversized hurricane-grade windows, 9’4” ceilings and a 12’ wide sliding glass door to accentuate a bright, seamless connection to the outdoors. Calacatta bolt quartz countertops and gold brushed finishes deliver a bold, elevated look, while the warm globe pendent lighting add a subtle vintage flare. A luminous flex office space offers versatility, and the extended screened-in lanai and epoxy-finished garage expand functional square footage. Located just 15 minutes from Fisherman’s Village, this is a timeless residence built for forever Southwest Florida living.

Key facts

• Flex office space
• Sliding glass door
• 0.25 acre lot

Tags

• NATURAL ZINC MATTE FLOORING
• SLIDING GLASS DOOR
• GOLD BRUSHED FINISHES
• FLEX OFFICE SPACE
• EXTENDED SCREENED IN LANAI
• EPOXY FINISHED GARAGE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $340k.

Deal economics

• At list price, monthly cash flow is $-470 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $257k (24.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $249k (26.8% below list).
• Recommended offer: $249k (26.8% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 2.8% in Punta Gorda — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#225 in FL, #3,567 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, health & safety A+, housing B; Watch: cost of living D+, amenities D-, commute F.
• Charlotte (suburban): math 54% / reading 54% proficiency, ranked #22 of 73 in FL (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: East Elementary School (math 67% / reading 68%, grade B+, #435 of 2,144 statewide, top 21%, 761 students, 52% FRL); Charlotte High School (math 44% / reading 46%, grade D-, #228 of 667 statewide, top 35%, 1,994 students, 41% FRL).
• Market conditions: 1481 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
• This rent runs 39% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Charlotte County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($335k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $42k; list at $340k implies a 711% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $248,710 (26.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.73% ✗
• Cap rate: 6.14%
• Cash-on-cash: -0.55%
• DSCR: 0.98
• GRM: 11.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -26.4%
• Equity multiple: 0.11×
• Total profit: $-84,961
• Equity at exit: $50,694

10-year hold

• IRR: -23.5%
• Equity multiple: -0.18×
• Total profit: $-112,193
• Equity at exit: $29,396

Cash invested: $95,197 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33955

• Home prices YoY: -24.5%
• Active inventory: 1481
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $2,487 medium
• Mortgage (P&I): −$1,783
• Tax from tax record: −$60 /mo · $720/yr
• Insurance: −$142
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$24
• Vacancy / Maint / Mgmt: −$522
• Net cashflow: $-470

Break-even live

Break-even rent $3,083

Max offer price $256,896

Occupancy floor —

Sensitivity live

Price	-10% $-278	-5% $-374	+0% $-470	+5% $-567	+10% $-1,070
Rent	-10% $-667	-5% $-569	+0% $-470	+5% $-372	+10% $-274
Rate	-1.0pp $-299	-0.5pp $-384	base $-470	+0.5pp $-558	+1.0pp $-648

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $84,998
• Closing costs: $10,200
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
26162 Stillwater Cir Punta Gorda, FL	2.0	2.0	1266	$2,000	$1.58	21d	1	0.72mi
7361 S Plum Tree Punta Gorda, FL	3.0	2.0	1373	$1,900	$1.38	21d	1	1.11mi

HOA detail

• Monthly dues: $24 · $288/yr

Listing history 49 events

1. 2026-04-27
   status Pending
2. 2026-04-02
   listed $339,990 Active
3. 2026-03-22
   historical
4. 2026-02-19
   price $345,000
5. 2025-12-17
   status Active
6. 2025-11-14
   status Pending
7. 2025-11-05
   price $349,999
8. 2025-09-19
   price $364,999
9. 2025-07-07
   price $374,999
10. 2025-07-05
    historical
11. 2025-06-13
    price $374,440
12. 2025-06-04
    price $380,000
13. 2025-06-04
    price $380,000
14. 2025-05-31
    price $379,900
15. 2025-05-31
    price $379,900
16. 2025-05-16
    price $389,900
17. 2025-05-12
    price $389,900
18. 2025-05-03
    price $394,900
19. 2025-05-03
    price $394,900
20. 2025-04-25
    listed $399,990 Active
21. 2025-04-22
    price $399,900
22. 2025-04-22
    price $409,900
23. 2025-04-02
    price $414,900
24. 2025-03-24
    listed $429,900 Active
25. 2025-02-26
    historical
26. 2025-02-26
    historical
27. 2025-02-04
    price $449,990
28. 2025-02-04
    price $449,990
29. 2025-01-31
    listed $469,990 Active
30. 2025-01-31
    listed $469,990 Active
31. 2024-09-20
    soldstatus $41,900 Closed
32. 2024-06-03
    status Pending
33. 2024-05-20
    price $42,000
34. 2024-05-17
    historical
35. 2023-11-17
    listed $45,000 Active
36. 2023-06-21
    historical
37. 2022-12-21
    listed $49,000 Active
38. 2022-09-16
    historical
39. 2022-03-17
    price $49,000
40. 2022-03-16
    listed $44,900 Active
41. 2021-05-15
    historical
42. 2020-05-15
    price $29,000
43. 2019-11-14
    price $32,000
44. 2019-04-18
    status Active
45. 2019-04-03
    status Pending
46. 2019-02-21
    status Active
47. 2018-12-14
    status Pending
48. 2018-11-14
    listed $33,300 Active
49. 2003-09-09
    soldstatus $16,800

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $720 · $60/mo
• Projected year-2 tax: $2,822 · $235/mo
• Expected delta: +$2,102/yr (+$175/mo · 291.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,845
• − Mortgage interest: −$19,045
• − Property taxes: −$720
• − Insurance: −$6,818
• − Repairs & maintenance: −$2,388
• − Management: −$2,388
• − HOA: −$288
• − Depreciation: −$9,891
• Taxable loss: −$11,692
• Est. tax savings @ 24.0%: +$2,806
• After-tax cash flow: $-2,838/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Charlotte
• NCES district ID: 1200240
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 54% ▼ -1.00%
• Median HH income: $44,864
• Composite: 45.62/100
• National rank: #2586
• State rank: #22 of 73 in FL

Livability — Punta Gorda

• Score: 76/100
• State rank: #225
• US rank: #3567

Category grades

Amenities D- Commute F Cost of living D+ Crime A+ Employment B- Housing B Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Punta Gorda, FL
• County: Charlotte County · 196,994 people
• Metro: Punta Gorda, FL
• Population (ZIP): 12,399
• Household income: $76,943
• Rent vs Own: 9.5% rent · 90.5% own
• Severe rent burden: 226.0

Population outlook (Charlotte County) Hauer SSP2

• Today (2025): 198,646 people
• By 2030: 210,507 · +6.0%
• By 2040: 230,857 · +16.2%
• By 2050: 247,148 · +24.4%
• By 2075: 281,777 · +41.8%
• By 2100: 293,609 · +47.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 10% Two or more races 9% Black 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Cuban 4%
• Common ancestry: Romanian 5% Italian 3% Serbian 3%
• Foreign-born: 8% · Canada
• Languages at home: 91% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Charlotte

• 2024 margin: Solid R (+34.0) · D 32.7% · R 66.7%
• 2008→2024 swing: -26.7pp toward R · 2008: -7.2pp · 2024: -34.0pp
• All cycles: 2024: R+34.0 2020: R+26.6 2016: R+27.8 2012: R+14.3 2008: R+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -78.71%
• Current HPI: 242.9043
• Rent YoY: —
• Metro: Punta Gorda, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1923.8% since first listed

49 events — show timeline

• 2026-04-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-02 Listed $339,990 Stellar MLS as Distributed by MLS Grid
• 2026-03-22 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-19 Price Changed $345,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-11-05 Price Changed $349,999 Stellar MLS as Distributed by MLS Grid
• 2025-09-19 Price Changed $364,999 Stellar MLS as Distributed by MLS Grid
• 2025-07-07 Price Changed $374,999 Stellar MLS as Distributed by MLS Grid
• 2025-07-05 Listing Removed — FORTMLS
• 2025-06-13 Price Changed $374,440 Stellar MLS as Distributed by MLS Grid
• 2025-06-04 Price Changed $380,000 FORTMLS
• 2025-06-04 Price Changed $380,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-31 Price Changed $379,900 FORTMLS
• 2025-05-31 Price Changed $379,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-16 Price Changed $389,900 FORTMLS
• 2025-05-12 Price Changed $389,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-03 Price Changed $394,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-03 Price Changed $394,900 FORTMLS
• 2025-04-25 Listed $399,990 FORTMLS
• 2025-04-22 Price Changed $399,900 Stellar MLS as Distributed by MLS Grid
• 2025-04-22 Price Changed $409,900 Stellar MLS as Distributed by MLS Grid
• 2025-04-02 Price Changed $414,900 Stellar MLS as Distributed by MLS Grid
• 2025-03-24 Listed $429,900 Stellar MLS as Distributed by MLS Grid
• 2025-02-26 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-02-26 Listing Removed — NAPLESMLS
• 2025-02-04 Price Changed $449,990 NAPLESMLS
• 2025-02-04 Price Changed $449,990 Stellar MLS as Distributed by MLS Grid
• 2025-01-31 Listed $469,990 Stellar MLS as Distributed by MLS Grid
• 2025-01-31 Listed $469,990 NAPLESMLS
• 2024-09-20 Sold (MLS) $41,900 Stellar MLS as Distributed by MLS Grid
• 2024-06-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-05-20 Price Changed $42,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-17 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-11-17 Listed $45,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-12-21 Listed $49,000 Stellar MLS as Distributed by MLS Grid
• 2022-09-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-03-17 Price Changed $49,000 Stellar MLS as Distributed by MLS Grid
• 2022-03-16 Listed $44,900 Stellar MLS as Distributed by MLS Grid
• 2021-05-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-05-15 Price Changed $29,000 Stellar MLS as Distributed by MLS Grid
• 2019-11-14 Price Changed $32,000 Stellar MLS as Distributed by MLS Grid
• 2019-04-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2019-04-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-02-21 Relisted — Stellar MLS as Distributed by MLS Grid
• 2018-12-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-11-14 Listed $33,300 Stellar MLS as Distributed by MLS Grid
• 2003-09-09 Sold (Public Records) $16,800 Public Records

Property tax history

+14.9%/yr

Latest (2025): $720 · -5.3% YoY. Source: county tax records.