$370,000
●
House -
Off Market
507 W CASHEW
PUNTA GORDA, FL 33955
3 Beds
2 Baths
2,000 Ft²
$2,203
Est. Monthly
$24
HOA / Fees
5.59%
Cap Rate
About This Property
JUST REDUCED $40K – Assumable 3.25% VA Loan!
Move-In Ready & Fully Furnished – NO FLOOD ZONE, LOW HOA FEES, NO CDD FEES!!
Don't miss out on this rare opportunity to own a better-than-new 2022 home in the highly sought-after Burnt Store Meadows! Meticulously maintained, with $24K in upgrades, this 3-bedroom + Den/Office, 2-bath home is move-in ready and fully furnished with chic, modern decor (another $10K in value included)! Just bring your toothbrush and make it yours – everything's ready for you!
Top Features You'll Love:
Tile floors throughout for easy care
Soaring ceilings & an open, bright layout
Split-bedroom plan for privacy and comfort
Plantation shutters & premium Minka fans in every room
Screened front entry & lanai for your private outdoor retreat
Cozy floating fireplace – perfect for relaxing evenings
Laundry room with washer & dryer included
Chef's Dream Kitchen:
Granite countertops, large island, and abundant cabinet space
Stunning tile backsplash & under-cabinet lighting
Charming breakfast nook overlooking serene backyard views
Spacious Primary Suite:
Dual walk-in closets, chic decor, and park-like views
En-suite bath with sleek glass walk-in shower
Outdoor Living:
Enjoy green belt views from the Lanai with plenty of space for relaxation and outdoor activities.
Private screened lanai with patio furniture, fan, and privacy shades.
Paver driveway & 2-car garage with remotes
Lot large enough to add a pool – bring your vision to life!
Prime Location:
Just 5 miles from Punta Gorda Airport and minutes from Historic Downtown, Fisherman's Village, Harbor Walk, and Charlotte Harbor. Enjoy waterfront dining, biking, tennis, pickleball, and 37 golf courses within a 15-mile radius. This is Florida living at its best!
VA-Eligible Buyers:
Take advantage of a rare 3.25% assumable mortgage – a golden opportunity in today's market. Don't wait – homes like this don't last!
With $40K in savings, $24K in upgrades, $10K in chic furniture, and a prime location, this home won't be available for long. Act fast and schedule your private tour before it's gone!
Florida living means no state income tax, warm winters, and a low cost of living! Call today to see this stunning home before it's snatched up!
Move-In Ready & Fully Furnished – NO FLOOD ZONE, LOW HOA FEES, NO CDD FEES!!
Don't miss out on this rare opportunity to own a better-than-new 2022 home in the highly sought-after Burnt Store Meadows! Meticulously maintained, with $24K in upgrades, this 3-bedroom + Den/Office, 2-bath home is move-in ready and fully furnished with chic, modern decor (another $10K in value included)! Just bring your toothbrush and make it yours – everything's ready for you!
Top Features You'll Love:
Tile floors throughout for easy care
Soaring ceilings & an open, bright layout
Split-bedroom plan for privacy and comfort
Plantation shutters & premium Minka fans in every room
Screened front entry & lanai for your private outdoor retreat
Cozy floating fireplace – perfect for relaxing evenings
Laundry room with washer & dryer included
Chef's Dream Kitchen:
Granite countertops, large island, and abundant cabinet space
Stunning tile backsplash & under-cabinet lighting
Charming breakfast nook overlooking serene backyard views
Spacious Primary Suite:
Dual walk-in closets, chic decor, and park-like views
En-suite bath with sleek glass walk-in shower
Outdoor Living:
Enjoy green belt views from the Lanai with plenty of space for relaxation and outdoor activities.
Private screened lanai with patio furniture, fan, and privacy shades.
Paver driveway & 2-car garage with remotes
Lot large enough to add a pool – bring your vision to life!
Prime Location:
Just 5 miles from Punta Gorda Airport and minutes from Historic Downtown, Fisherman's Village, Harbor Walk, and Charlotte Harbor. Enjoy waterfront dining, biking, tennis, pickleball, and 37 golf courses within a 15-mile radius. This is Florida living at its best!
VA-Eligible Buyers:
Take advantage of a rare 3.25% assumable mortgage – a golden opportunity in today's market. Don't wait – homes like this don't last!
With $40K in savings, $24K in upgrades, $10K in chic furniture, and a prime location, this home won't be available for long. Act fast and schedule your private tour before it's gone!
Florida living means no state income tax, warm winters, and a low cost of living! Call today to see this stunning home before it's snatched up!
Unit Size
2,000 Ft²
Days on Market
181 days
Land Size
0.23 acres
Price per sqft
$190
Property Type
House
Property Taxes
$313
HOA Dues
$24
Year Built
2022
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Stellar MLS #A4644816)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Aug 4, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Price Decreased |
$379,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jul 6, 2025 | Price Decreased |
$384,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 20, 2025 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Punta Gorda
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Listed by: Amy Mersman, PLLC
FINE PROPERTIES
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# A4644816
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
FINE PROPERTIES
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# A4644816
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