CashFlowRE
Sign in Sign up
15550 Burnt Store Rd #231 🌊 Lakefront
B Composite 73.64
Why this score? — see what drove the B 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 +30.0/30.0
  • ARV discount +10.5/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.6/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$179,900

15550 Burnt Store Rd #231 · Burnt Store Marina, FL 33955
3 bd · 2.0 ba · 1,482 sqft · Manufactured public records · 62 Days on market
Built 1985 3,386 sqft lot Est $193k · 7% under $272/mo HOA · 6% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to fabulous, gated, Burnt Store Colony! This friendly 55+ community warmly welcomes you and your furry family members, offering a vibrant lifestyle with plenty of social activities to keep you active and engaged. Golf cart friendly streets make getting around a breeze, whether you're heading to visit neighbors or enjoying community amenities. Golf cart is included with right offer! Unit #231 is a beautifully maintained 3 bedroom, 2 bath turn-key home (with some exclusions) that is truly move-in ready. Step inside to discover warm wood toned countertops that serve as the focal point of the kitchen, complemented by all newer appliances for effortless everyday living. The open main living area features durable tile flooring, while cozy carpet in the bedrooms adds warmth and comfort. An interior laundry provides convenience right where you need it. Major updates have already been taken care of for your peace of mind and make this home functionally newer than its age suggests. The home was completely re-plumbed in 2021, including a hot water heater; new vapor barrier, and tie downs. Topped with a new metal roof, siding, shed, & lanai in 2023, and a brand new HVAC system was installed in 2024.Impact windows (2023) not only offer storm protection, but energy savings and noise control, as well. The washer/dryer and dishwasher were also recently replaced. You can move in with confidence knowing the big-ticket items are done. Enjoy year-round Florida living on the screened lanai, the perfect spot for morning coffee or evening relaxation. The property backs up to a peaceful greenway, offering added privacy and a lovely natural backdrop. Speaking of nature, the seller has a true green thumb, and it shows! The grounds are bursting with lush, thoughtfully curated gardening that creates a tropical oasis right outside your door. Additional features include a covered carport for convenient parking, a handy storage shed for all your extras, and the charm of a tight-knit, pet-friendly community with bocce, pickleball, tennis, a woodwork and tool-loaning club, rv/boat storage and more. It's a place where neighbors become friends. Whether you're looking to downsize, snowbird, or enjoy full-time Florida retirement living, this gem checks every box. Come see why life is better at Burnt Store Colony!

Key facts

  • 3,386 sq ft lot
  • Parking
  • Community pool

Property features AI

Finance

  • Other: Directions available for community entry
  • Financial info: Total monthly HOA fees $272 (total annual $3,264); Lease restrictions apply
  • HOA & community: Has HOA (monthly fee $272); HOA approval required; Association amenities include clubhouse, fitness center, pool, recreation facilities, shuffleboard court, spa/hot tub, tennis courts, private road, management, maintenance of grounds, internet, and trash; Association name: Rebecca Fran/Allen; Turnkey furnished option available; Deed restrictions; Golf carts allowed; Senior community; Pets allowed with breed restrictions (max pet weight 30 lbs)

Exterior

  • Parking: Covered parking; Driveway; Golf cart parking; Guest parking; 1-car carport
  • Security: Gated community
  • Utilities: Public water; Public sewer; Cable connected; Electricity connected; Sewer connected; Underground utilities
  • Home design: Residential manufactured home; Double wide; One story; Faces southeast
  • Construction: Vinyl siding and frame construction; Metal roof; Crawlspace and stilt/on piling foundation; Completed condition
  • Exterior features: In-ground pool; Paved road; Private maintained road

Interior

  • Kitchen: Dishwasher; Disposal; Microwave; Range
  • Bedrooms: 3 bedrooms
  • Flooring: Carpet; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric heat; Central air conditioning
  • Interior features: Built-in features; Cathedral ceilings; Ceiling fans; Eat-in kitchen; Open floor plan; Window treatments
  • Laundry & utility: Washer; Dryer; Electric water heater; Laundry inside

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $180k.

Deal economics

  • At list price, monthly cash flow is $2k ($28k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $180k).
  • Recommended offer: $169k (6.0% below list) — sets the bar for market timing.
  • Cap rate 22.4% vs local median 4.8% in Burnt Store Marina — 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 72/100 on livability (#354 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: schools C-, cost of living C-, amenities 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.
  • Market conditions: 1481 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
  • At $4,878/mo this rent would consume 76% of the median local household income ($77k/yr) (locally 226% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $50k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 62 days — a 6% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 14y 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.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $169,106 (6.0% below list)

Questions for the listing agent

  1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  9. 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.
  10. 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.
  11. 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
2.71%
Cap rate
22.39%
Cash-on-cash
57.47%
DSCR
3.56
GRM
3.1

CMA / ARV

ARV (on-the-fly)
$192,660
Comps found
3
Show comp detail 3 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
15550 Burnt Store Rd #86 0.00mi 3/2.0 1,414 (-5%) 3mo $184,500 $130 90
15550 Burnt Store Rd #62 0.00mi 2/2.0 (-1) 1,534 (+4%) 4mo $195,000 $127 86
15550 Burnt Store Rd #218 0.00mi 2/2.0 (-1) 1,274 (-14%) 2mo $170,000 $133 70

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold
IRR
54.3%
Equity multiple
3.39×
Total profit
$120,507
Equity at exit
$26,824
10-year hold
IRR
59.4%
Equity multiple
6.92×
Total profit
$298,300
Equity at exit
$15,554

Cash invested: $50,372 (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.

ZIP-level market 33955

Home prices YoY
-24.5%
Active inventory
1481
Price-to-rent
3.1×

Monthly cashflow live

Estimated rent
$4,878 high interval (Pro) →
Mortgage (P&I)
$943
Tax from tax record
$151 /mo · $1,809/yr
Insurance
$75
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$272
Vacancy / Maint / Mgmt
$1,024
Net cashflow
$2,346

Break-even live

Break-even rent $1,908
Max offer price $179,900
Occupancy floor 47%

Sensitivity live

Price -10% $2,448 -5% $2,397 +0% $2,346 +5% $2,295 +10% $2,244
Rent -10% $1,961 -5% $2,153 +0% $2,346 +5% $2,539 +10% $2,731
Rate -1.0pp $2,437 -0.5pp $2,392 base $2,346 +0.5pp $2,299 +1.0pp $2,252

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
$44,975
Closing costs
$5,397
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 36 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
25186 Alicante Dr Punta Gorda, FL 4.0 2.0 1717 $2,095 $1.22 21d 1 0.24mi
16077 Badalona Dr Punta Gorda, FL 3.0 2.0 1508 $1,895 $1.26 21d 1 0.40mi
16107 Badalona Dr Punta Gorda, FL 3.0 2.0 1508 $1,895 $1.26 21d 1 0.45mi
25222 Cadiz Dr Punta Gorda, FL 4.0 2.0 1828 $2,295 $1.26 21d 1 0.55mi
25214 Cadiz Dr Punta Gorda, FL 4.0 2.0 1828 $2,295 $1.26 21d 1 0.55mi
14040 Heritage Landing Blvd #113 Punta Gorda, FL 2.0 2.0 1438 $6,500 $4.52 21d 1 0.65mi
14267 Heritage Landing Blvd #1222 Punta Gorda, FL 2.0 2.0 1569 $4,200 $2.68 21d 1 0.71mi
14271 Heritage Landing Blvd #1527 Punta Gorda, FL 2.0 2.0 1422 $2,800 $1.97 21d 1 0.76mi
16229 Cape Horn Blvd Punta Gorda, FL 3.0 2.0 1726 $2,749 $1.59 21d 1 0.77mi
14261 Heritage Landing Blvd #1615 Punta Gorda, FL 2.0 2.0 1366 $6,000 $4.39 21d 1 0.81mi
14251 Heritage Landing Blvd Unit 1723 Punta Gorda, FL 2.0 2.0 1366 $6,000 $4.39 21d 1 0.85mi
14251 Heritage Landing Blvd Unit 1713 Punta Gorda, FL 2.0 2.0 1366 $4,800 $3.51 14d 1 0.85mi
14224 Heritage Landing Blvd #921 Punta Gorda, FL 2.0 2.0 1569 $3,400 $2.17 21d 1 0.88mi
14224 Heritage Landing Blvd Unit 1 Punta Gorda, FL 2.0 2.0 1366 $4,500 $3.29 21d 1 0.88mi
25324 Lychee Ct Punta Gorda, FL 3.0 2.0 1224 $1,800 $1.47 21d 1 0.88mi
14241 Heritage Landing Blvd #1821 Punta Gorda, FL 2.0 2.0 1569 $6,000 $3.82 21d 1 0.89mi
14184 Heritage Landing Blvd Punta Gorda, FL 2.0 2.0 1366 $1,947 $1.43 21d 2 0.94mi
14231 Heritage Landing Blvd Unit 1928 Punta Gorda, FL 2.0 2.0 1596 $6,000 $3.76 21d 1 0.95mi
14221 Heritage Landing Blvd Unit 2014 Punta Gorda, FL 2.0 2.0 1366 $6,000 $4.39 21d 1 1.00mi
14194 Heritage Landing Blvd #614 Punta Gorda, FL 2.0 2.0 1366 $1,995 $1.46 21d 1 1.01mi
14649 Sycamore Ct #2912 Punta Gorda, FL 3.0 2.0 1741 $7,000 $4.02 21d 1 1.06mi
14656 Sycamore Ct #3211 Punta Gorda, FL 3.0 2.0 1741 $7,000 $4.02 21d 1 1.06mi
14201 Heritage Landing Blvd Unit 1338 Punta Gorda, FL 3.0 2.0 1301 $6,000 $4.61 21d 1 1.09mi
14201 Heritage Landing Blvd #1312 Punta Gorda, FL 2.0 2.0 1154 $1,750 $1.52 21d 1 1.09mi
14161 Poppy Field Loop #5811 Punta Gorda, FL 3.0 2.0 1741 $4,200 $2.41 21d 1 1.12mi
14191 Heritage Landing Blvd #1214 Punta Gorda, FL 2.0 2.0 1120 $1,585 $1.42 21d 1 1.14mi
14149 Poppy Field Loop #6011 Punta Gorda, FL 3.0 2.0 1741 $6,500 $3.73 21d 1 1.15mi
14161 Heritage Landing Blvd #1118 Punta Gorda, FL 2.0 2.0 1407 $1,800 $1.28 21d 1 1.22mi
14271 Heritage Landing Blvd Punta Gorda, FL 2.0 2.0 1355 $6,500 $4.80 21d 1 1.22mi
14141 Heritage Landing Blvd #922 Punta Gorda, FL 2.0 2.0 1154 $2,200 $1.91 21d 1 1.27mi
14141 Heritage Landing Blvd #935 Punta Gorda, FL 2.0 2.0 1120 $5,500 $4.91 21d 1 1.27mi
14121 Heritage Landing Blvd #743 Punta Gorda, FL 2.0 2.0 1120 $6,000 $5.36 21d 1 1.34mi
14050 Heritage Landing Blvd #226 Punta Gorda, FL 2.0 2.0 1596 $6,500 $4.07 21d 1 1.42mi
14091 Heritage Landing Blvd Punta Gorda, FL 2.0 2.0 1157 $5,000 $4.32 21d 2 1.42mi
14091 Heritage Landing Blvd Unit Reservation spot 1 Punta Gorda, FL 2.0 2.0 1194 $5,000 $4.19 21d 1 1.42mi
14081 Heritage Landing Blvd Punta Gorda, FL 2.0 2.0 1176 $5,750 $4.89 21d 2 1.48mi

HOA detail

Monthly dues
$272 · $3,264/yr
Likely covers
waterlandscapingsecurity

Listing history 33 events

  1. 2026-06-18
    days on market $179,900 Active 62 DOM
  2. 2026-06-17
    days on market $179,900 Active 61 DOM
  3. 2026-06-16
    days on market $179,900 Active 60 DOM
  4. 2026-06-15
    days on market $179,900 Active 59 DOM
  5. 2026-06-14
    days on market $179,900 Active 57 DOM
  6. 2026-06-13
    days on market $179,900 Active 56 DOM
  7. 2026-06-10
    days on market $179,900 Active 54 DOM
  8. 2026-06-09
    days on market $179,900 Active 53 DOM
  9. 2026-06-08
    days on market $179,900 Active 52 DOM
  10. 2026-06-07
    days on market $179,900 Active 51 DOM
  11. 2026-06-05
    days on market $179,900 Active 48 DOM
  12. 2026-06-03
    days on market $179,900 Active 47 DOM
  13. 2026-06-02
    days on market $179,900 Active 46 DOM
  14. 2026-06-01
    days on market $179,900 Active 45 DOM
  15. 2026-05-31
    days on market $179,900 Active 44 DOM
  16. 2026-05-30
    days on market $179,900 Active 43 DOM
  17. 2026-05-14
    price $179,900 2334-char remark
    Show marketing remark (2334 chars)

    Welcome to fabulous, gated, Burnt Store Colony! This friendly 55+ community warmly welcomes you and your furry family members, offering a vibrant lifestyle with plenty of social activities to keep you active and engaged. Golf cart friendly streets make getting around a breeze, whether you're heading to visit neighbors or enjoying community amenities. Golf cart is included with right offer! Unit #231 is a beautifully maintained 3 bedroom, 2 bath turn-key home (with some exclusions) that is truly move-in ready. Step inside to discover warm wood toned countertops that serve as the focal point of the kitchen, complemented by all newer appliances for effortless everyday living. The open main living area features durable tile flooring, while cozy carpet in the bedrooms adds warmth and comfort. An interior laundry provides convenience right where you need it. Major updates have already been taken care of for your peace of mind and make this home functionally newer than its age suggests. The home was completely re-plumbed in 2021, including a hot water heater; new vapor barrier, and tie downs. Topped with a new metal roof, siding, shed, & lanai in 2023, and a brand new HVAC system was installed in 2024.Impact windows (2023) not only offer storm protection, but energy savings and noise control, as well. The washer/dryer and dishwasher were also recently replaced. You can move in with confidence knowing the big-ticket items are done. Enjoy year-round Florida living on the screened lanai, the perfect spot for morning coffee or evening relaxation. The property backs up to a peaceful greenway, offering added privacy and a lovely natural backdrop. Speaking of nature, the seller has a true green thumb, and it shows! The grounds are bursting with lush, thoughtfully curated gardening that creates a tropical oasis right outside your door. Additional features include a covered carport for convenient parking, a handy storage shed for all your extras, and the charm of a tight-knit, pet-friendly community with bocce, pickleball, tennis, a woodwork and tool-loaning club, rv/boat storage and more. It's a place where neighbors become friends. Whether you're looking to downsize, snowbird, or enjoy full-time Florida retirement living, this gem checks every box. Come see why life is better at Burnt Store Colony!

  18. 2026-05-14
    price $179,900
    Show marketing remark (2334 chars)

    Welcome to fabulous, gated, Burnt Store Colony! This friendly 55+ community warmly welcomes you and your furry family members, offering a vibrant lifestyle with plenty of social activities to keep you active and engaged. Golf cart friendly streets make getting around a breeze, whether you're heading to visit neighbors or enjoying community amenities. Golf cart is included with right offer! Unit #231 is a beautifully maintained 3 bedroom, 2 bath turn-key home (with some exclusions) that is truly move-in ready. Step inside to discover warm wood toned countertops that serve as the focal point of the kitchen, complemented by all newer appliances for effortless everyday living. The open main living area features durable tile flooring, while cozy carpet in the bedrooms adds warmth and comfort. An interior laundry provides convenience right where you need it. Major updates have already been taken care of for your peace of mind and make this home functionally newer than its age suggests. The home was completely re-plumbed in 2021, including a hot water heater; new vapor barrier, and tie downs. Topped with a new metal roof, siding, shed, & lanai in 2023, and a brand new HVAC system was installed in 2024.Impact windows (2023) not only offer storm protection, but energy savings and noise control, as well. The washer/dryer and dishwasher were also recently replaced. You can move in with confidence knowing the big-ticket items are done. Enjoy year-round Florida living on the screened lanai, the perfect spot for morning coffee or evening relaxation. The property backs up to a peaceful greenway, offering added privacy and a lovely natural backdrop. Speaking of nature, the seller has a true green thumb, and it shows! The grounds are bursting with lush, thoughtfully curated gardening that creates a tropical oasis right outside your door. Additional features include a covered carport for convenient parking, a handy storage shed for all your extras, and the charm of a tight-knit, pet-friendly community with bocce, pickleball, tennis, a woodwork and tool-loaning club, rv/boat storage and more. It's a place where neighbors become friends. Whether you're looking to downsize, snowbird, or enjoy full-time Florida retirement living, this gem checks every box. Come see why life is better at Burnt Store Colony!

  19. 2026-04-17
    listed $185,000 Active 2334-char remark
    Show marketing remark (2334 chars)

    Welcome to fabulous, gated, Burnt Store Colony! This friendly 55+ community warmly welcomes you and your furry family members, offering a vibrant lifestyle with plenty of social activities to keep you active and engaged. Golf cart friendly streets make getting around a breeze, whether you're heading to visit neighbors or enjoying community amenities. Golf cart is included with right offer! Unit #231 is a beautifully maintained 3 bedroom, 2 bath turn-key home (with some exclusions) that is truly move-in ready. Step inside to discover warm wood toned countertops that serve as the focal point of the kitchen, complemented by all newer appliances for effortless everyday living. The open main living area features durable tile flooring, while cozy carpet in the bedrooms adds warmth and comfort. An interior laundry provides convenience right where you need it. Major updates have already been taken care of for your peace of mind and make this home functionally newer than its age suggests. The home was completely re-plumbed in 2021, including a hot water heater; new vapor barrier, and tie downs. Topped with a new metal roof, siding, shed, & lanai in 2023, and a brand new HVAC system was installed in 2024.Impact windows (2023) not only offer storm protection, but energy savings and noise control, as well. The washer/dryer and dishwasher were also recently replaced. You can move in with confidence knowing the big-ticket items are done. Enjoy year-round Florida living on the screened lanai, the perfect spot for morning coffee or evening relaxation. The property backs up to a peaceful greenway, offering added privacy and a lovely natural backdrop. Speaking of nature, the seller has a true green thumb, and it shows! The grounds are bursting with lush, thoughtfully curated gardening that creates a tropical oasis right outside your door. Additional features include a covered carport for convenient parking, a handy storage shed for all your extras, and the charm of a tight-knit, pet-friendly community with bocce, pickleball, tennis, a woodwork and tool-loaning club, rv/boat storage and more. It's a place where neighbors become friends. Whether you're looking to downsize, snowbird, or enjoy full-time Florida retirement living, this gem checks every box. Come see why life is better at Burnt Store Colony!

  20. 2026-04-17
    listed $185,000 Active
    Show marketing remark (2334 chars)

    Welcome to fabulous, gated, Burnt Store Colony! This friendly 55+ community warmly welcomes you and your furry family members, offering a vibrant lifestyle with plenty of social activities to keep you active and engaged. Golf cart friendly streets make getting around a breeze, whether you're heading to visit neighbors or enjoying community amenities. Golf cart is included with right offer! Unit #231 is a beautifully maintained 3 bedroom, 2 bath turn-key home (with some exclusions) that is truly move-in ready. Step inside to discover warm wood toned countertops that serve as the focal point of the kitchen, complemented by all newer appliances for effortless everyday living. The open main living area features durable tile flooring, while cozy carpet in the bedrooms adds warmth and comfort. An interior laundry provides convenience right where you need it. Major updates have already been taken care of for your peace of mind and make this home functionally newer than its age suggests. The home was completely re-plumbed in 2021, including a hot water heater; new vapor barrier, and tie downs. Topped with a new metal roof, siding, shed, & lanai in 2023, and a brand new HVAC system was installed in 2024.Impact windows (2023) not only offer storm protection, but energy savings and noise control, as well. The washer/dryer and dishwasher were also recently replaced. You can move in with confidence knowing the big-ticket items are done. Enjoy year-round Florida living on the screened lanai, the perfect spot for morning coffee or evening relaxation. The property backs up to a peaceful greenway, offering added privacy and a lovely natural backdrop. Speaking of nature, the seller has a true green thumb, and it shows! The grounds are bursting with lush, thoughtfully curated gardening that creates a tropical oasis right outside your door. Additional features include a covered carport for convenient parking, a handy storage shed for all your extras, and the charm of a tight-knit, pet-friendly community with bocce, pickleball, tennis, a woodwork and tool-loaning club, rv/boat storage and more. It's a place where neighbors become friends. Whether you're looking to downsize, snowbird, or enjoy full-time Florida retirement living, this gem checks every box. Come see why life is better at Burnt Store Colony!

  21. 2021-08-23
    soldstatus $178,000 Closed 2274-char remark
    Show marketing remark (2274 chars)

    Wow! Rarely available spacious 3 bedroom/2 bath split-bedroom plan home in Burnt Store Colony. Home is attractively FURNISHED & TURNKEY; ready to move in seasonally or year-round. The split-plan provides separate private space for you and your guests; and there are plenty of indoor and open-air gathering spaces for meeting with your new friends. Perfect for escaping the northern winters and enjoying all the Burnt Store Colony and Florida amenities. Your large tiled entryway opens into a HUGE living area and then continues to the dining area and open kitchen with breakfast bar. The kitchen sports newer stainless steel appliances. Plus, there is an extra room off the kitchen that you can creatively utilize for more kitchen space (especially if you love to cook and bake), or an office, or crafts room. Room for your hobby! Bring your morning coffee out to your screened and roofed lanai to enjoy the Florida weather. The home backs on a greenbelt, so you can go directly out from your lanai for a morning walk & enjoy the birdlife. The spacious master suite is ample enough for your BIG bed with an en-suite bath, large closet, and separate linen/storage closet. The other two bedrooms are situated on the opposite end of the home and share the 2nd bath. One of the other 2 bedrooms has a big bay window looking out on the front – so this room also makes a great sitting room/den, if you do not need it full-time as a bedroom. All the ‘public’ areas have ceramic tile. There is a big storage shed, and covered parking. Newer roof. Did I say "spacious"? Being sold fully furnished; with linens, dishes, and more to get you started. Just bring some clothes, your golf clubs, & your furry friends – 2 pets (each up to 30 lbs. ). Asking Price includes Park Share. Burnt Store Colony is a 55+ resident-owned GATED COMMUNITY with 2016 heated & screened pool & spa; community kitchen in a modern (storm-rated) clubhouse with dancefloor; tennis courts; pickle ball; shuffleboard; bocce; library; fitness room; community woodworking shop, doggy park, & great folks. Financing available. GREAT HOME-Move-in ready NOW-in the BEST 55+ SWFL Community. Great Opportunity! Look at the pictures, and come visit.

  22. 2021-08-05
    status Pending 2274-char remark
    Show marketing remark (2274 chars)

    Wow! Rarely available spacious 3 bedroom/2 bath split-bedroom plan home in Burnt Store Colony. Home is attractively FURNISHED & TURNKEY; ready to move in seasonally or year-round. The split-plan provides separate private space for you and your guests; and there are plenty of indoor and open-air gathering spaces for meeting with your new friends. Perfect for escaping the northern winters and enjoying all the Burnt Store Colony and Florida amenities. Your large tiled entryway opens into a HUGE living area and then continues to the dining area and open kitchen with breakfast bar. The kitchen sports newer stainless steel appliances. Plus, there is an extra room off the kitchen that you can creatively utilize for more kitchen space (especially if you love to cook and bake), or an office, or crafts room. Room for your hobby! Bring your morning coffee out to your screened and roofed lanai to enjoy the Florida weather. The home backs on a greenbelt, so you can go directly out from your lanai for a morning walk & enjoy the birdlife. The spacious master suite is ample enough for your BIG bed with an en-suite bath, large closet, and separate linen/storage closet. The other two bedrooms are situated on the opposite end of the home and share the 2nd bath. One of the other 2 bedrooms has a big bay window looking out on the front – so this room also makes a great sitting room/den, if you do not need it full-time as a bedroom. All the ‘public’ areas have ceramic tile. There is a big storage shed, and covered parking. Newer roof. Did I say "spacious"? Being sold fully furnished; with linens, dishes, and more to get you started. Just bring some clothes, your golf clubs, & your furry friends – 2 pets (each up to 30 lbs. ). Asking Price includes Park Share. Burnt Store Colony is a 55+ resident-owned GATED COMMUNITY with 2016 heated & screened pool & spa; community kitchen in a modern (storm-rated) clubhouse with dancefloor; tennis courts; pickle ball; shuffleboard; bocce; library; fitness room; community woodworking shop, doggy park, & great folks. Financing available. GREAT HOME-Move-in ready NOW-in the BEST 55+ SWFL Community. Great Opportunity! Look at the pictures, and come visit.

  23. 2021-06-29
    status Active 2274-char remark
    Show marketing remark (2274 chars)

    Wow! Rarely available spacious 3 bedroom/2 bath split-bedroom plan home in Burnt Store Colony. Home is attractively FURNISHED & TURNKEY; ready to move in seasonally or year-round. The split-plan provides separate private space for you and your guests; and there are plenty of indoor and open-air gathering spaces for meeting with your new friends. Perfect for escaping the northern winters and enjoying all the Burnt Store Colony and Florida amenities. Your large tiled entryway opens into a HUGE living area and then continues to the dining area and open kitchen with breakfast bar. The kitchen sports newer stainless steel appliances. Plus, there is an extra room off the kitchen that you can creatively utilize for more kitchen space (especially if you love to cook and bake), or an office, or crafts room. Room for your hobby! Bring your morning coffee out to your screened and roofed lanai to enjoy the Florida weather. The home backs on a greenbelt, so you can go directly out from your lanai for a morning walk & enjoy the birdlife. The spacious master suite is ample enough for your BIG bed with an en-suite bath, large closet, and separate linen/storage closet. The other two bedrooms are situated on the opposite end of the home and share the 2nd bath. One of the other 2 bedrooms has a big bay window looking out on the front – so this room also makes a great sitting room/den, if you do not need it full-time as a bedroom. All the ‘public’ areas have ceramic tile. There is a big storage shed, and covered parking. Newer roof. Did I say "spacious"? Being sold fully furnished; with linens, dishes, and more to get you started. Just bring some clothes, your golf clubs, & your furry friends – 2 pets (each up to 30 lbs. ). Asking Price includes Park Share. Burnt Store Colony is a 55+ resident-owned GATED COMMUNITY with 2016 heated & screened pool & spa; community kitchen in a modern (storm-rated) clubhouse with dancefloor; tennis courts; pickle ball; shuffleboard; bocce; library; fitness room; community woodworking shop, doggy park, & great folks. Financing available. GREAT HOME-Move-in ready NOW-in the BEST 55+ SWFL Community. Great Opportunity! Look at the pictures, and come visit.

  24. 2021-06-22
    status Pending 2274-char remark
    Show marketing remark (2274 chars)

    Wow! Rarely available spacious 3 bedroom/2 bath split-bedroom plan home in Burnt Store Colony. Home is attractively FURNISHED & TURNKEY; ready to move in seasonally or year-round. The split-plan provides separate private space for you and your guests; and there are plenty of indoor and open-air gathering spaces for meeting with your new friends. Perfect for escaping the northern winters and enjoying all the Burnt Store Colony and Florida amenities. Your large tiled entryway opens into a HUGE living area and then continues to the dining area and open kitchen with breakfast bar. The kitchen sports newer stainless steel appliances. Plus, there is an extra room off the kitchen that you can creatively utilize for more kitchen space (especially if you love to cook and bake), or an office, or crafts room. Room for your hobby! Bring your morning coffee out to your screened and roofed lanai to enjoy the Florida weather. The home backs on a greenbelt, so you can go directly out from your lanai for a morning walk & enjoy the birdlife. The spacious master suite is ample enough for your BIG bed with an en-suite bath, large closet, and separate linen/storage closet. The other two bedrooms are situated on the opposite end of the home and share the 2nd bath. One of the other 2 bedrooms has a big bay window looking out on the front – so this room also makes a great sitting room/den, if you do not need it full-time as a bedroom. All the ‘public’ areas have ceramic tile. There is a big storage shed, and covered parking. Newer roof. Did I say "spacious"? Being sold fully furnished; with linens, dishes, and more to get you started. Just bring some clothes, your golf clubs, & your furry friends – 2 pets (each up to 30 lbs. ). Asking Price includes Park Share. Burnt Store Colony is a 55+ resident-owned GATED COMMUNITY with 2016 heated & screened pool & spa; community kitchen in a modern (storm-rated) clubhouse with dancefloor; tennis courts; pickle ball; shuffleboard; bocce; library; fitness room; community woodworking shop, doggy park, & great folks. Financing available. GREAT HOME-Move-in ready NOW-in the BEST 55+ SWFL Community. Great Opportunity! Look at the pictures, and come visit.

  25. 2021-06-07
    price $186,900 2274-char remark
    Show marketing remark (2274 chars)

    Wow! Rarely available spacious 3 bedroom/2 bath split-bedroom plan home in Burnt Store Colony. Home is attractively FURNISHED & TURNKEY; ready to move in seasonally or year-round. The split-plan provides separate private space for you and your guests; and there are plenty of indoor and open-air gathering spaces for meeting with your new friends. Perfect for escaping the northern winters and enjoying all the Burnt Store Colony and Florida amenities. Your large tiled entryway opens into a HUGE living area and then continues to the dining area and open kitchen with breakfast bar. The kitchen sports newer stainless steel appliances. Plus, there is an extra room off the kitchen that you can creatively utilize for more kitchen space (especially if you love to cook and bake), or an office, or crafts room. Room for your hobby! Bring your morning coffee out to your screened and roofed lanai to enjoy the Florida weather. The home backs on a greenbelt, so you can go directly out from your lanai for a morning walk & enjoy the birdlife. The spacious master suite is ample enough for your BIG bed with an en-suite bath, large closet, and separate linen/storage closet. The other two bedrooms are situated on the opposite end of the home and share the 2nd bath. One of the other 2 bedrooms has a big bay window looking out on the front – so this room also makes a great sitting room/den, if you do not need it full-time as a bedroom. All the ‘public’ areas have ceramic tile. There is a big storage shed, and covered parking. Newer roof. Did I say "spacious"? Being sold fully furnished; with linens, dishes, and more to get you started. Just bring some clothes, your golf clubs, & your furry friends – 2 pets (each up to 30 lbs. ). Asking Price includes Park Share. Burnt Store Colony is a 55+ resident-owned GATED COMMUNITY with 2016 heated & screened pool & spa; community kitchen in a modern (storm-rated) clubhouse with dancefloor; tennis courts; pickle ball; shuffleboard; bocce; library; fitness room; community woodworking shop, doggy park, & great folks. Financing available. GREAT HOME-Move-in ready NOW-in the BEST 55+ SWFL Community. Great Opportunity! Look at the pictures, and come visit.

  26. 2021-05-14
    listed $187,900 Active 2274-char remark
    Show marketing remark (2274 chars)

    Wow! Rarely available spacious 3 bedroom/2 bath split-bedroom plan home in Burnt Store Colony. Home is attractively FURNISHED & TURNKEY; ready to move in seasonally or year-round. The split-plan provides separate private space for you and your guests; and there are plenty of indoor and open-air gathering spaces for meeting with your new friends. Perfect for escaping the northern winters and enjoying all the Burnt Store Colony and Florida amenities. Your large tiled entryway opens into a HUGE living area and then continues to the dining area and open kitchen with breakfast bar. The kitchen sports newer stainless steel appliances. Plus, there is an extra room off the kitchen that you can creatively utilize for more kitchen space (especially if you love to cook and bake), or an office, or crafts room. Room for your hobby! Bring your morning coffee out to your screened and roofed lanai to enjoy the Florida weather. The home backs on a greenbelt, so you can go directly out from your lanai for a morning walk & enjoy the birdlife. The spacious master suite is ample enough for your BIG bed with an en-suite bath, large closet, and separate linen/storage closet. The other two bedrooms are situated on the opposite end of the home and share the 2nd bath. One of the other 2 bedrooms has a big bay window looking out on the front – so this room also makes a great sitting room/den, if you do not need it full-time as a bedroom. All the ‘public’ areas have ceramic tile. There is a big storage shed, and covered parking. Newer roof. Did I say "spacious"? Being sold fully furnished; with linens, dishes, and more to get you started. Just bring some clothes, your golf clubs, & your furry friends – 2 pets (each up to 30 lbs. ). Asking Price includes Park Share. Burnt Store Colony is a 55+ resident-owned GATED COMMUNITY with 2016 heated & screened pool & spa; community kitchen in a modern (storm-rated) clubhouse with dancefloor; tennis courts; pickle ball; shuffleboard; bocce; library; fitness room; community woodworking shop, doggy park, & great folks. Financing available. GREAT HOME-Move-in ready NOW-in the BEST 55+ SWFL Community. Great Opportunity! Look at the pictures, and come visit.

  27. 2013-10-29
    soldstatus $55,000
  28. 2013-10-29
    soldstatus $55,000
  29. 2013-10-17
    price $67,900
  30. 2013-08-29
    listed $62,500
  31. 2012-02-16
    listed $67,900
  32. 2003-06-01
    soldstatus $62,000
  33. 2000-02-01
    soldstatus $57,000

ⓘ 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
$1,809 · $151/mo
Projected year-2 tax
$1,809 · $151/mo
Expected delta
$0/yr ($0/mo · -0.0%)

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

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 75% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 31 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$58,536
− Mortgage interest
−$10,077
− Property taxes
−$1,809
− Insurance
−$1,697
− Repairs & maintenance
−$4,683
− Management
−$4,683
− HOA
−$3,264
− Depreciation
−$5,233
Taxable income
$27,090
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$6,502
After-tax cash flow
$21,651/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 — Burnt Store Marina

Score
72/100
State rank
#354
US rank
#6145

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

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

Price history

+215.6% since first listed
17 events — show timeline
  • 2026-05-14 Price Changed $179,900 NAPLESMLS
  • 2026-05-14 Price Changed $179,900 Stellar MLS as Distributed by MLS Grid
  • 2026-04-17 Listed $185,000 Stellar MLS as Distributed by MLS Grid
  • 2026-04-17 Listed $185,000 NAPLESMLS
  • 2021-08-23 Sold (MLS) $178,000 Stellar MLS as Distributed by MLS Grid
  • 2021-08-05 Pending Stellar MLS as Distributed by MLS Grid
  • 2021-06-29 Relisted Stellar MLS as Distributed by MLS Grid
  • 2021-06-22 Pending Stellar MLS as Distributed by MLS Grid
  • 2021-06-07 Price Changed $186,900 Stellar MLS as Distributed by MLS Grid
  • 2021-05-14 Listed $187,900 Stellar MLS as Distributed by MLS Grid
  • 2013-10-29 Sold (MLS) $55,000 FORTMLS
  • 2013-10-29 Sold (MLS) $55,000 Stellar MLS as Distributed by MLS Grid
  • 2013-10-17 Price Changed $67,900 FORTMLS
  • 2013-08-29 Listed $62,500 Stellar MLS as Distributed by MLS Grid
  • 2012-02-16 Listed $67,900 Stellar MLS as Distributed by MLS Grid
  • 2003-06-01 Sold (Public Records) $62,000 Public Records
  • 2000-02-01 Sold (Public Records) $57,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $1,809 · -19.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…