11322 Pineapple Rd, Punta Gorda, FL 33955

Features: Exclusive off-market investment opportunity in South Punta Gorda Heights—this 1,056 sq ft fee simple manufactured home sits on a generous 9,000 sq ft lot and offers an affordable entry point into the growing Southwest Florida market. Built in 1985, the property features simple systems and low maintenance requirements, making it ideal for a fix-and-flip or long-term rental strategy. With projected rental income of approximately $1,200/month and low annual property taxes of just $927 (2024), investors can achieve a potential gross yield of up to 15%. A solid cash-flowing asset in a stable and affordable submarket.

Potential ARV: $165,000-185,000

Rehab Description: For a flip or rental this needs updating to the kitchen, bathrooms, flooring, and fixtures. Finish off by applying fresh interior/exterior paint, and some landscaping to boost curb appeal.

Construction: Frame

Estimated Rehab: $30,000

Comparable rent: $1,200

Closing Date: On or before 7/10/25

Occupancy: Owner occupied 14 days with $5,000 post closing escrow holdback

Comp 1:

15316 Mapletree Dr, Punta Gorda, FL 33955, 3 Beds, 2 baths, 1,056 SqFt, 8,000 Sq.Ft Lot, sold 01/2025 for $169,000, Semi updated

Comp 2:

15488 Orangeade Dr, Punta Gorda, FL 33955, 3 Beds, 2 Baths, 1,188 Sq.Ft, 9,499 Sq.Ft Lot, sold 04/2025 for $180,000, Outdated

Comp 3:

15381 Orchid Dr, Punta Gorda, FL 33955, 3 Beds, 2 Baths, 1,248 Sq.Ft, 8,100 Sq.Ft lot, sold 05/2025 for $205,000