Short Sale Alert: 1988 Florida Home Priced at $105K
There’s been a $230,000 price drop on this Florida short sale. The home needs repairs throughout, including the roof, floors, windows, kitchen, bathrooms, plumbing, electrical, and other interior work. Short sale approval is required, and cash or hard money is preferred.
- 2 bed
- 2 bath
- 0.23 acre lot
About This Short Sale Alert: 1988 Florida Home Priced at $105K
Offered as an unapproved short sale, this residence presents an opportunity for buyers seeking a project property. Previously listed at a higher price point that would have covered mortgage payoff and selling costs, the listing price has been adjusted based on appraisal value to meet lender approval requirements. Buyers should note that this adjustment does not account for repairs needed throughout. Work is required across multiple systems and areas, including tree damage that has affected the roof and soffit. Interior needs include flooring replacement, new doors and windows, kitchen and bathroom renovations, updated plumbing and electrical fixtures, a new electrical panel, drywall repair, fresh paint, trim work, landscaping improvements, and general cosmetic updates throughout. On January 11th, the listing price was reduced by $230,000 to $105K to better match the lender’s appraisal and appeal to serious buyers.
Due to the short sale nature of this listing, buyer approval from the lender is mandatory and typically requires several months to complete. Creative deal structuring is not permitted, and sight-unseen offers will not be considered. Cash or hard money financing is strongly preferred, though conventional financing may be acceptable for buyers prepared to complete necessary repairs to satisfy their lender’s and insurance company’s requirements. Proof of funds must be submitted before scheduling any property showings. For more information or to schedule a viewing, contact Realtor Kristen Mendez at 727-314-2696, or visit https://www.facebook.com/KristenMendezRealty/.
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
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18107 Steele Ave, Port Charlotte, FL 33948 $105,000
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Port Charlotte, Florida
Port Charlotte is a large but surprisingly quiet community located along the northern shores of Charlotte Harbor on Florida’s Gulf Coast. Unlike many of the more tourist heavy cities in the state, this area is primarily residential and is defined by its massive network of man made canals and its proximity to the Peace and Myakka rivers. The geography of the town is one of its most unique features, as it offers over a hundred miles of waterways that provide many residents with backyard access to the harbor and the Gulf of Mexico. This environment naturally dictates the lifestyle of the area, which is centered almost entirely around the water, boating, and some of the best tarpon fishing in the country.
When people talk about the atmosphere of Port Charlotte, they almost always mention that it is a very close knit and tight knit place to live. Even though the population has grown steadily, it has not lost its small town identity or its sense of shared community. This tight knit feeling comes from the fact that it is a place where people come to put down roots rather than just visit for a vacation. The neighborhoods are filled with long term residents who take pride in their homes and watch out for their neighbors. It is the kind of town where you are likely to see the same faces at the grocery store or the local pier every week, which builds a level of familiarity and trust that is often missing in larger metropolitan areas.
The social life in Port Charlotte reflects this tight knit nature through various community hubs. The Port Charlotte Beach Park is a major gathering point where families and seniors meet for sunsets, bocce ball, and community events. Because there is no traditional downtown skyscrapers or high density commercial districts, the social energy is spread out through these local parks and neighborhood organizations. This creates an environment where social circles are often overlapping and interconnected. People here tend to value a relaxed pace of life and prioritize personal connections over the hustle and bustle found in cities like Tampa or Miami.
Economically, the town is known for being more accessible than its neighbors to the north and south, which attracts a diverse mix of hardworking families and active retirees. This blend of generations contributes to the close knit feel, as there is a strong tradition of volunteerism and local support. Whether it is a local high school football game or a neighborhood fish fry, the community tends to show up for one another. It is a place where people still wave to each other from their boats and where the local culture is built on a foundation of being neighborly and approachable.
Port Charlotte, Florida | Driving
Port Charlotte, Florida | Drone View
Port Charlotte, Florida | Drone View
