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4428 Melbourne St, Punta Gorda, FL 33980
4428, Melbourne Street, Punta Gorda, Florida 33980
Cancelled $59,990  
1128 sq ft 2 Bedrooms 1 Bathroom 1955 Year Built

Additional Details

  • Important Details: --> Vacant at close --> 2020 Roof
  • Features/Rehab Description: This open canvas concrete block home offers 1,128 square feet and will be delivered vacant at close, presenting an excellent investor opportunity. With a solid 2020 roof already in place, the focus is on maximizing value by converting the layout to a 3/2, installing central AC, and fully modernizing the interior. Fresh paint inside and out, along with some landscaping, will further enhance curb appeal. Priced attractively under $60K, this property provides a cost-efficient value-add project with strong upside potential on the resale market.
  • Potential ARV: $160,000-$175,000
  • Ideal Investment Strategy: Resale/Rental
  • Comparable Rent: $1500-$1600/MO
  • Construction: CBS
  • Comp 1: 1417 TERRY AVE, PUNTA GORDA, FL 33980 2/1 750 SQFT 1959 Build PENDING @ $140,000 (Smaller/dated)
  • Comp 2: 4508 Shady Ln, Punta Gorda, FL 33980 1/1 795 SQFT 1959 Build SOLD @ 108,000 6/6/25 (Smaller/clean)
  • Comp 3: 143 Date St, Punta Gorda, FL 33980 2/1 918 SQFT 1953 Build SOLD @ $66,000 9/2/25 (Smaller/rehab needed/cash sale)
  • Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money
Property Location

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