tomo logo

$479,900

Beds
3
Baths
2.0
sq ft
1,517

103 Tropicana Dr, Punta Gorda, FL 33950

103 Tropicana Dr

PUNTA GORDA, FL 33950

  • 273 days on market
    • Price drop $19,100↓
ATTENTION ALL INVESTORS AND FLIPPERS! This home encountered flooding by the two hurricanes. This home has been heavily discounted because of the potential work required. The pool pump has already been replaced. The HVAC is working. The roof was replaced with metal in May of 2023! This is a great deal! Come take a look - you'll be amazed! Get this severely discounted house and fix it up! This waterfront home is a boater's dream, situated just a short ride from open water via the deep water canal. Bring your yacht, power boat, sailboat, or personal watercraft and enjoy easy access to the harbor! Key Features: No HOA, No CDD Fees, No Assessments – Enjoy the freedom of waterfront living without extra costs. Sea Wall Maintained by City of Punta Gorda – Peace of mind with city-managed sea wall maintenance. Dock with Power and Water – Ready for all your aquatic adventures. Newer Roof – A new Tuff Rib metal roof installed in 2023, built to last for 30 years. Transferable FEMA Flood Policy – Added security for your investment. Don't miss out on this opportunity to own a slice of waterfront paradise!

Details

Property type

Single Family Residence

Est. home value

$674,022

Lot size

9,600 sq ft

Price per sq ft

$317

Year built

1970

Annual property taxes

$8,607.3

HOA

No

Price History

01/11/2025
StellarMLS

StellarMLS #C7491728

Price change
$479,900
-3.83%
01/08/2025
StellarMLS

StellarMLS #C7491728

Listed
$499,000
12/21/2024
StellarMLS

StellarMLS #C7491728

Pending
$499,000

Schools & Community

Elementary school: 

Sallie Jones Elementary

Middle school: 

Punta Gorda Middle

High school: 

Charlotte High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$205,352
Asking price
$479,900
Closing costs (~8% of asking)
-$38,392
Est. remaining loan balance
-$236,156
Cash to seller
$205,352

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

April 2017

Original loan amount

$279,000

Est. remaining balance

$236,156

Interest rate

4.15%

Loan type

New Conventional, 30 year

Seller

Stephen L Schinner and Melissa J Schinner

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Pending
StellarMLS
$425,000
3 bd
|
2 ba
|
1,578 sq ft
|
House

1630 Montia Ct, Punta Gorda, FL 33950

Price drop
StellarMLS
$499,000
3 bd
|
2 ba
|
1,698 sq ft
|
House

270 Belaire Ct, Punta Gorda, FL 33950

StellarMLS
$540,000
3 bd
|
2 ba
|
1,628 sq ft
|
House

695 Coronado Dr, Punta Gorda, FL 33950

Status: Active

Tomo last checked: 01/23/2025 at 1:50 PM

Listing updated: 01/21/2025 at 11:37 AM

Listed by: Joe Mason, RE/MAX HARBOR REALTY Phone #: (941) 639-8500

MLS: StellarMLS #C7491728

StellarMLS logo