Punta Gorda - Beach Property For Sale #6905937

MAJOR PRICE ADJUSTMENT! This rare investor or owner opportunity offers a spacious 2-bedroom, 2-bath, 1,228 sq ft condo in the desirable Newport community, priced to move at $89,900. The structure is sound, and the interior is ready for restoration with new drywall already in place; the unit still needs primer, paint, bedroom carpeting, trim, and a full kitchen. A contractor has estimated the remaining work at approximately $25,000-$30,000, making this an excellent option for cash buyers or a renovation loan seeking a value-add project. The home features a large split-bedroom layout, two full bathrooms, and a convenient third-floor location with elevator or stair access. The HOA maintains the exterior, amenities, and grounds. The community offers a pool, clubhouse, and easy access to Kings Hwy, I-75, restaurants, shopping, golf, and downtown Punta Gorda. Price reflects current condition--Schedule your showing today!