17114 BARCREST LANE
About This Property
Surrounded by some of Punta Gorda's finest custom residences, Burnt Store Lakes is a quiet, upscale community you'll be proud to call home. Ideally located along the southern shores of Charlotte Harbor, the neighborhood features 11 scenic freshwater lakes, a resident park with picnic pavilion, canoe and kayak launch to Charlotte Harbor via the Celestial Waterway, walking and biking paths, sidewalks, and streetlights. The resort-style lifestyle continues into the adjacent Burnt Store Marina & Country Club, offering public access to a world-class, full-service marina, executive golf course, water front dining and more. The Burnt Store Corridor provides convenient access to Punta Gorda and Fort Myers airports, shopping, and dining.
Community highlights include public water and sewer, friendly deed restrictions, predominantly custom homes, no CDD or RDD, and a low annual HOA fee of $518. The association also hosts social events and community activities. Builder referrals available upon request.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2026 | Listed by ALLISON JAMES ESTATES & HOMES | $64,900 | |
| Listed by ALLISON JAMES ESTATES & HOMES | |||
| Sep 27, 2025 | Price Decreased |
$61,950
↓ $3K
(4.6%) | |
| Price Decreased | |||
| Sep 16, 2025 | Price Decreased |
$64,950
↓ $5K
(7.2%) | |
| Price Decreased | |||
| Aug 28, 2025 | Listed | $69,950 | |
| Listed | |||
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*** Owner Financing Available *** Owner Motivated. There is a community park with bathrooms, playground, covered picnic patio, BBQ’s, etc. There is a canoe/kayak launch into a canal that goes directly into Charlotte Harbor. The POA is considering a dog park and possibly a pickle ball court. All new roads as the were recently repaved.
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| Jul 14, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017