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Under Construction. FIRE-DAMAGED, PARTIALLY COMPLETE, WATERFRONT HOME WITH POOL IN SOUTH GULF COVE - INVESTOR ALERT! Rare opportunity to acquire a canal-front, new-construction home in South Gulf Cove before completion"”offered as-is after sustaining fire damage during the final stages of the build. This 3-bedroom, 2.5-bath, single-level home was thoughtfully designed with over 1,700 square feet under air, impact-resistant PGT windows and doors, and a shell for an in-ground pool already in place"”offering a strong foundation for restoration or a rebuild. Situated on a canal with boating access to Charlotte Harbor and beyond, the lot features 80ft of waterfront and western rear exposure that will provide glorious sunsets beyond the canal. Inside, the structure remains intact in parts, including the garage, exterior block walls, and sections of the plumbing and framing. The floorplan was laid out with an open-concept great room/kitchen that transitions to a covered lanai through sliding glass doors. The builder's intent is still visible in the layout, offering a desirable split-bedroom configuration and plenty of room for a modern, coastal-inspired interior. Outside, the pool shell is in place and awaits custom finishing touches. The property is cleared and ready for completion with utilities and infrastructure already in progress. Home is located in a growing area of South Gulf Cove, surrounded by new homes as well as other vacant home sites. It is close to area beaches, golf courses, and Boca Grande. There is an optional HOA that is more social in nature with access to the clubhouse, boat launch & group activities. Take part in the relaxed yet upscale boating lifestyle found here with miles of navigable canals. Buyers with vision will recognize the value in this location, existing structure, and potential. Whether restoring what's here or building new, this is a chance to invest in a highly sought-after waterfront community at a fraction of the price. Cash only.
| DAYS ON MARKET | 268 | LAST UPDATED | 3/5/2026 |
|---|---|---|---|
| TRACT | PORT CHARLOTTE SEC 085 | YEAR BUILT | 2025 |
| COMMUNITY | 33981 - Port Charlotte | GARAGE SPACES | 2.0 |
| COUNTY | Charlotte | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Myakka River Elementary |
|---|---|
| Jr. High School | L.A. Ainger Middle |
| High School | Lemon Bay High |
| PRICE HISTORY | |
| Prior to Mar 5, '26 | $195,000 |
|---|---|
| Mar 5, '26 - Today | $175,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | None |
| AREA | 33981 - Port Charlotte |
| CONSTRUCTION | Block |
| GARAGE | Yes |
| HEAT | None |
| HOA DUES | 120 |
| INTERIOR | Open Floorplan |
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Paved, Waterfront |
| LOT DIMENSIONS | 80x125x80x125 |
| PARKING | Attached |
| POOL | Yes |
| POOL DESCRIPTION | Gunite, In Ground, Private |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Florida |
| SUBDIVISION | PORT CHARLOTTE SEC 085 |
| TAXES | 1444 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Canal, Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Canal Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Alex Andreae, RE/MAX HARBOR REALTY, 941-639-8500
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/29/26 6:33 PM PDT.
This IDX solution is (c) Diverse Solutions 2026.