Listing Details for MLS #C7516496 - 115 Peace Island Drive, Punta Gorda, Fl 33950

Residential Property - Single Family Residence in Punta Gorda

Listing Price: $157,900Days on Market: 4

Description of Property

Nicely Updated Duplex/Single Family home with detached apartment & INSULATED 24’ X 25’ WORKSHOP/GARAGE with electric service - Zoned Single Family - in fabulous location off Riverside Dr, 3 minutes from Punta Gorda Airport and Downtown Punta Gorda! Just around the corner from public park & boat ramp and short drive to the best beaches in Southwest Florida! **** Although it flooded during both Helene & Milton, it is mostly “waterproof” including walls, floors cabinets, doors, closed cell foam insulation. Updated electrical including in garage, new water heater, stainless steel appliances, quartz countertops, etc. **** The primary bath shower tile is cracking and needs to be repaired. Baseboards & some interior doors need to be installed in the 2 bedroom unit. The mini-split in the garage/workshop does not work. Back porch needs lots of help!! The 2 bedroom unit was on a month-to-month lease and is vacating by November 1st. The 1 bedroom unit is rented for $1195/month with lease ending 03/11/2026. Owned by a corporation which is owned by the listing agent. ****CASH OFFERS ONLY ****The average asking price for a 3 bedroom/3 bath single family residence in this Zip code is $1,143,119. This single family residence is listed at about 14% of the average asking price. This is the only 3 bedroom/3 bath single family residence between $100,000 and $200,000 currently listed for sale in this Zip code.