7196 N Plum Tree #323 · Punta Gorda, FL 33955

$129,999

2 bd · 2.0 ba · 1,079 sqft · Condo public records · 397 Days on market

Built 2006 $576/mo HOA · 29% of rent ↓ 37% since listing

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Why this score? — see what drove the C- 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 +15.3/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +4.7/10.0
• Schools +4.6/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

Key facts

• Newer appliances
• New water heater
• Generous dining area

Tags

• COVERED SCREENED LANAI
• NEW WATER HEATER
• NEWER APPLIANCES
• GENEROUS DINING AREA
• PRIVATE BATHROOM
• DOUBLE VANITIES

Property features AI

Finance

• Other: Directions: Use US-41 to Royal Poinciana, then right onto Plum Tree; condominium complex on right; stairs to second floor
• Financial info: Total annual fees $6,921; total monthly fees $576.75; Monthly condo fees $553 (monthly); Association fee 2: $285 annually; Lease restrictions apply
• HOA & community: Has HOA (monthly condo fee $553); Association fee includes common area taxes, pool, insurance, structure maintenance, grounds maintenance, management, pest control, sewer, trash, and water; Buyer approval required; Deed restrictions; Pool in community; Pets allowed with size limit; Association approval required

Exterior

• Parking: Has carport; 1 carport space
• Utilities: Public water; Public sewer; Cable available; Electricity connected; Sewer connected
• Home design: Residential condominium; Second-floor unit; Faces southwest; One story building (unit on second floor of building C)
• Construction: Block and stucco construction; Tile roof; Slab foundation; Completed condition
• Exterior features: Covered patio; Screened patio; Patio; Balcony; Outdoor lighting; Sidewalk; Sliding doors; Storage; In-ground pool

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Cathedral ceilings; Ceiling fans; Eat-in kitchen; Open floor plan; Split bedroom layout; Thermostat; Window treatments
• Laundry & utility: Laundry room; Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $130k.

Deal economics

• At list price, monthly cash flow is $48 ($575/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.7% 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; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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).
• This rent runs 31% 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 $899 of loan paydown is wiped out by about $4k 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 397 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 15y ago; this cycle's ask has dropped $50k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 29% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,399 (12.0% below list)

Questions for the listing agent

1. It's been on market 397 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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. 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?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.52% ✓
• Cap rate: 6.74%
• Cash-on-cash: 1.58%
• DSCR: 1.07
• GRM: 5.5

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: -13.4%
• Equity multiple: 0.52×
• Total profit: $-17,603
• Equity at exit: $19,383

10-year hold

• IRR: -4.0%
• Equity multiple: 0.73×
• Total profit: $-9,735
• Equity at exit: $11,240

Cash invested: $36,400 (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: 5.5×

Monthly cashflow live

• Estimated rent: $1,979 high
• Mortgage (P&I): −$682
• Tax from tax record: −$203 /mo · $2,439/yr
• Insurance: −$54
• HOA: −$576
• Vacancy / Maint / Mgmt: −$415
• Net cashflow: $48

Break-even live

Break-even rent $1,918

Max offer price $129,999

Occupancy floor 93%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7361 S Plum Tree Punta Gorda, FL	3.0	2.0	1373	$1,900	$1.38	21d	1	0.27mi
15 N Cardinal Unit B15 Punta Gorda, FL	2.0	2.0	960	$1,700	$1.77	21d	1	0.44mi
449 Royal Poinciana #221 Punta Gorda, FL	2.0	2.0	1164	$1,750	$1.50	21d	1	0.45mi
26162 Stillwater Cir Punta Gorda, FL	2.0	2.0	1266	$2,000	$1.58	21d	1	0.60mi
27851 Roanoke Cir Punta Gorda, FL	2.0	2.0	904	$1,650	$1.83	13d	1	1.11mi

HOA detail condo

• Monthly dues: $576 · $6,912/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-06-17
   status $129,999 Pending 397 DOM
2. 2026-06-16
   days on market $129,999 Active 397 DOM
3. 2026-06-15
   days on market $129,999 Active 396 DOM
4. 2026-06-14
   days on market $129,999 Active 394 DOM
5. 2026-06-13
   days on market $129,999 Active 393 DOM
6. 2026-06-10
   days on market $129,999 Active 391 DOM
7. 2026-06-09
   days on market $129,999 Active 390 DOM
8. 2026-06-08
   pricedays on market $129,999 Active 389 DOM
9. 2026-04-10
   price $139,999
10. 2026-01-28
    price $149,999
11. 2025-11-07
    status Active
12. 2025-11-07
    price $169,993
13. 2025-03-27
    listed $180,000 Active
14. 2021-08-12
    soldstatus $165,000 Closed 877-char remark

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

15. 2021-08-12
    soldstatus $165,000

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

16. 2021-07-13
    status Pending 877-char remark

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

17. 2021-06-19
    status Active 877-char remark

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

18. 2021-06-18
    status Pending 877-char remark

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

19. 2021-06-15
    status Active 877-char remark

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

20. 2021-06-09
    status Pending 877-char remark

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

21. 2021-06-08
    status Active 877-char remark

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

22. 2021-06-07
    status Pending 877-char remark

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

23. 2021-05-27
    listed $169,000 Active 877-char remark

    Show marketing remark (877 chars)

    Lovely Plum Creek condo loaded with features. This 2 bedroom 2 bath home has soaring cathedral ceilings, a large family room, spacious master suite all with an open concept feel. The kitchen has both a breakfast bar and large dining space as well as a newer range. The master suite includes a large walk-in closet and ample bathroom with a tiled shower and dual vanities. The second bedroom is located in the front of the home and there is a second bath with a tub/shower. There is a tiled and screened lanai for to enjoy Florida’s outdoor living year round. This condo has covered parking, impact glass and is steps from the beautiful community pool. Located in Burnt Store Meadows, this home is convenient to downtown Punta Gorda, shopping, health care and dozens of great restaurants. These units are rarely offered for sale so please call for a private showing today.

24. 2018-02-21
    soldstatus $115,000
25. 2018-02-20
    soldstatus $115,000 Sold 1235-char remark

    Show marketing remark (1235 chars)

    Fantastic, 2nd floor, 2 bed/2 bath condo at Plum Creek in Burnt Store Meadows. Unit offers a spacious floor plan w/ soaring cathedral ceilings & lots of natural light. There is a large, eat-in kitchen w/ pass-through counter to living area for easy entertaining. The kitchen has ample counter & cabinet space. Great room opens to the tiled, screened lanai extending the living space outside. The split bedroom floor plan provides privacy to owners & guests alike. The master suite has a private master bath w/ dual sinks, oversized, walk-in closet & tiled shower. The guest room has a large closet. Guest bath has combination tub/shower. En-suite laundry room features full-sized washer & dryer plus storage shelves. Condo comes w/ one, covered assigned parking space. Overhead storage (similar to attic space) available above parking space. Condo amenities include an in-ground pool w/ large pool deck that is perfect for sunbathing. Burnt Store Meadows is a deed-restricted community w/ easy access to Punta Gorda, Cape Coral & Fort Myers via US41, I-75 or the Burnt Store Rd corridor. Start enjoying all the amenities the area offers including golf, boating, fishing, biking & so much more.

26. 2018-02-09
    status Pending 1235-char remark

    Show marketing remark (1235 chars)

    Fantastic, 2nd floor, 2 bed/2 bath condo at Plum Creek in Burnt Store Meadows. Unit offers a spacious floor plan w/ soaring cathedral ceilings & lots of natural light. There is a large, eat-in kitchen w/ pass-through counter to living area for easy entertaining. The kitchen has ample counter & cabinet space. Great room opens to the tiled, screened lanai extending the living space outside. The split bedroom floor plan provides privacy to owners & guests alike. The master suite has a private master bath w/ dual sinks, oversized, walk-in closet & tiled shower. The guest room has a large closet. Guest bath has combination tub/shower. En-suite laundry room features full-sized washer & dryer plus storage shelves. Condo comes w/ one, covered assigned parking space. Overhead storage (similar to attic space) available above parking space. Condo amenities include an in-ground pool w/ large pool deck that is perfect for sunbathing. Burnt Store Meadows is a deed-restricted community w/ easy access to Punta Gorda, Cape Coral & Fort Myers via US41, I-75 or the Burnt Store Rd corridor. Start enjoying all the amenities the area offers including golf, boating, fishing, biking & so much more.

27. 2018-01-24
    price $127,000 1235-char remark

    Show marketing remark (1235 chars)

    Fantastic, 2nd floor, 2 bed/2 bath condo at Plum Creek in Burnt Store Meadows. Unit offers a spacious floor plan w/ soaring cathedral ceilings & lots of natural light. There is a large, eat-in kitchen w/ pass-through counter to living area for easy entertaining. The kitchen has ample counter & cabinet space. Great room opens to the tiled, screened lanai extending the living space outside. The split bedroom floor plan provides privacy to owners & guests alike. The master suite has a private master bath w/ dual sinks, oversized, walk-in closet & tiled shower. The guest room has a large closet. Guest bath has combination tub/shower. En-suite laundry room features full-sized washer & dryer plus storage shelves. Condo comes w/ one, covered assigned parking space. Overhead storage (similar to attic space) available above parking space. Condo amenities include an in-ground pool w/ large pool deck that is perfect for sunbathing. Burnt Store Meadows is a deed-restricted community w/ easy access to Punta Gorda, Cape Coral & Fort Myers via US41, I-75 or the Burnt Store Rd corridor. Start enjoying all the amenities the area offers including golf, boating, fishing, biking & so much more.

28. 2018-01-23
    status Active 1235-char remark

    Show marketing remark (1235 chars)

    Fantastic, 2nd floor, 2 bed/2 bath condo at Plum Creek in Burnt Store Meadows. Unit offers a spacious floor plan w/ soaring cathedral ceilings & lots of natural light. There is a large, eat-in kitchen w/ pass-through counter to living area for easy entertaining. The kitchen has ample counter & cabinet space. Great room opens to the tiled, screened lanai extending the living space outside. The split bedroom floor plan provides privacy to owners & guests alike. The master suite has a private master bath w/ dual sinks, oversized, walk-in closet & tiled shower. The guest room has a large closet. Guest bath has combination tub/shower. En-suite laundry room features full-sized washer & dryer plus storage shelves. Condo comes w/ one, covered assigned parking space. Overhead storage (similar to attic space) available above parking space. Condo amenities include an in-ground pool w/ large pool deck that is perfect for sunbathing. Burnt Store Meadows is a deed-restricted community w/ easy access to Punta Gorda, Cape Coral & Fort Myers via US41, I-75 or the Burnt Store Rd corridor. Start enjoying all the amenities the area offers including golf, boating, fishing, biking & so much more.

29. 2018-01-16
    status Pending 1235-char remark

    Show marketing remark (1235 chars)

    Fantastic, 2nd floor, 2 bed/2 bath condo at Plum Creek in Burnt Store Meadows. Unit offers a spacious floor plan w/ soaring cathedral ceilings & lots of natural light. There is a large, eat-in kitchen w/ pass-through counter to living area for easy entertaining. The kitchen has ample counter & cabinet space. Great room opens to the tiled, screened lanai extending the living space outside. The split bedroom floor plan provides privacy to owners & guests alike. The master suite has a private master bath w/ dual sinks, oversized, walk-in closet & tiled shower. The guest room has a large closet. Guest bath has combination tub/shower. En-suite laundry room features full-sized washer & dryer plus storage shelves. Condo comes w/ one, covered assigned parking space. Overhead storage (similar to attic space) available above parking space. Condo amenities include an in-ground pool w/ large pool deck that is perfect for sunbathing. Burnt Store Meadows is a deed-restricted community w/ easy access to Punta Gorda, Cape Coral & Fort Myers via US41, I-75 or the Burnt Store Rd corridor. Start enjoying all the amenities the area offers including golf, boating, fishing, biking & so much more.

30. 2017-04-17
    price $129,900 1235-char remark

    Show marketing remark (1235 chars)

    Fantastic, 2nd floor, 2 bed/2 bath condo at Plum Creek in Burnt Store Meadows. Unit offers a spacious floor plan w/ soaring cathedral ceilings & lots of natural light. There is a large, eat-in kitchen w/ pass-through counter to living area for easy entertaining. The kitchen has ample counter & cabinet space. Great room opens to the tiled, screened lanai extending the living space outside. The split bedroom floor plan provides privacy to owners & guests alike. The master suite has a private master bath w/ dual sinks, oversized, walk-in closet & tiled shower. The guest room has a large closet. Guest bath has combination tub/shower. En-suite laundry room features full-sized washer & dryer plus storage shelves. Condo comes w/ one, covered assigned parking space. Overhead storage (similar to attic space) available above parking space. Condo amenities include an in-ground pool w/ large pool deck that is perfect for sunbathing. Burnt Store Meadows is a deed-restricted community w/ easy access to Punta Gorda, Cape Coral & Fort Myers via US41, I-75 or the Burnt Store Rd corridor. Start enjoying all the amenities the area offers including golf, boating, fishing, biking & so much more.

31. 2017-03-10
    listed $134,900 Active 1235-char remark

    Show marketing remark (1235 chars)

    Fantastic, 2nd floor, 2 bed/2 bath condo at Plum Creek in Burnt Store Meadows. Unit offers a spacious floor plan w/ soaring cathedral ceilings & lots of natural light. There is a large, eat-in kitchen w/ pass-through counter to living area for easy entertaining. The kitchen has ample counter & cabinet space. Great room opens to the tiled, screened lanai extending the living space outside. The split bedroom floor plan provides privacy to owners & guests alike. The master suite has a private master bath w/ dual sinks, oversized, walk-in closet & tiled shower. The guest room has a large closet. Guest bath has combination tub/shower. En-suite laundry room features full-sized washer & dryer plus storage shelves. Condo comes w/ one, covered assigned parking space. Overhead storage (similar to attic space) available above parking space. Condo amenities include an in-ground pool w/ large pool deck that is perfect for sunbathing. Burnt Store Meadows is a deed-restricted community w/ easy access to Punta Gorda, Cape Coral & Fort Myers via US41, I-75 or the Burnt Store Rd corridor. Start enjoying all the amenities the area offers including golf, boating, fishing, biking & so much more.

32. 2016-07-01
    soldstatus $100,000 Sold
33. 2016-07-01
    soldstatus $100,000
34. 2016-06-15
    status Pending
35. 2016-06-02
    price $104,800
36. 2016-04-23
    status Active
37. 2016-04-20
    historical Active with Contract
38. 2016-04-20
    status Active
39. 2016-02-19
    historical Active with Contract
40. 2016-02-15
    price $108,800
41. 2016-01-08
    price $117,500
42. 2015-12-21
    listed $124,900 Active
43. 2013-11-06
    soldstatus $98,000
44. 2013-11-05
    soldstatus $98,000
45. 2013-01-07
    listed $99,900
46. 2012-12-05
    soldstatus $60,000
47. 2012-11-30
    soldstatus $60,000
48. 2012-06-21
    listed $79,900
49. 2012-06-10
    historical
50. 2011-01-30
    listed $109,000

ⓘ 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: $2,439 · $203/mo
• Projected year-2 tax: $2,439 · $203/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 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 30 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: $23,743
• − Mortgage interest: −$7,282
• − Property taxes: −$2,439
• − Insurance: −$650
• − Repairs & maintenance: −$1,899
• − Management: −$1,899
• − HOA: −$6,912
• − Depreciation: −$3,782
• Taxable loss: −$1,121
• Est. tax savings @ 24.0%: +$269
• After-tax cash flow: $844/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
• City population: 68,831
• 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

-36.6% since first listed

43 events — show timeline

• 2026-04-10 Price Changed $139,999 Stellar MLS as Distributed by MLS Grid
• 2026-01-28 Price Changed $149,999 Stellar MLS as Distributed by MLS Grid
• 2025-11-07 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-07 Price Changed $169,993 Stellar MLS as Distributed by MLS Grid
• 2025-03-27 Listed $180,000 Stellar MLS as Distributed by MLS Grid
• 2021-08-12 Sold (Public Records) $165,000 Public Records
• 2021-08-12 Sold (MLS) $165,000 Stellar MLS as Distributed by MLS Grid
• 2021-07-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-06-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2021-06-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-06-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2021-06-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-06-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2021-06-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-05-27 Listed $169,000 Stellar MLS as Distributed by MLS Grid
• 2018-02-21 Sold (Public Records) $115,000 Public Records
• 2018-02-20 Sold (MLS) $115,000 Stellar MLS as Distributed by MLS Grid
• 2018-02-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-01-24 Price Changed $127,000 Stellar MLS as Distributed by MLS Grid
• 2018-01-23 Relisted — Stellar MLS as Distributed by MLS Grid
• 2018-01-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-04-17 Price Changed $129,900 Stellar MLS as Distributed by MLS Grid
• 2017-03-10 Listed $134,900 Stellar MLS as Distributed by MLS Grid
• 2016-07-01 Sold (Public Records) $100,000 Public Records
• 2016-07-01 Sold (MLS) $100,000 Stellar MLS as Distributed by MLS Grid
• 2016-06-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-06-02 Price Changed $104,800 Stellar MLS as Distributed by MLS Grid
• 2016-04-23 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-04-20 Contingent — Stellar MLS as Distributed by MLS Grid
• 2016-04-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-02-19 Contingent — Stellar MLS as Distributed by MLS Grid
• 2016-02-15 Price Changed $108,800 Stellar MLS as Distributed by MLS Grid
• 2016-01-08 Price Changed $117,500 Stellar MLS as Distributed by MLS Grid
• 2015-12-21 Listed $124,900 Stellar MLS as Distributed by MLS Grid
• 2013-11-06 Sold (Public Records) $98,000 Public Records
• 2013-11-05 Sold (MLS) $98,000 Stellar MLS as Distributed by MLS Grid
• 2013-01-07 Listed $99,900 Stellar MLS as Distributed by MLS Grid
• 2012-12-05 Sold (Public Records) $60,000 Public Records
• 2012-11-30 Sold (MLS) $60,000 Stellar MLS as Distributed by MLS Grid
• 2012-06-21 Listed $79,900 Stellar MLS as Distributed by MLS Grid
• 2012-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2011-01-30 Listed $109,000 Stellar MLS as Distributed by MLS Grid
• 2006-09-01 Sold (Public Records) $220,900 Public Records

Property tax history

+2.4%/yr

Latest (2025): $2,439 · -12.8% YoY. Source: county tax records.