Welcome to your diamond in the rough! At this price - it's like buying the lot and getting a house at no cost! This extraordinary property boasts an impressive 85 feet of water frontage along the stunning Swordfish Strait waterway, offering direct powerboat access to Charlotte Harbor in just minutes! This home is a true investor's paradise, ready for your personal touch! Recently mitigated after the hurricanes of 2024, it features new drywall throughout, laying the groundwork for your dream renovations. Bring your design palate and tools to transform this space into a masterpiece while still maximizing your investment potential. Imagine walking on beautiful terrazzo floors hidden beneath the tile, enjoying the perfect pool and spa installed in 2017, and benefiting from a metal roof added in 2021. The electrical system was updated in 2018, and the seawall has been replaced, making this home a solid choice. Just a little TLC is needed to repair the dock, and you'll be ready to enjoy waterfront living at its finest! Location is everything, and this property is ideally situated near the vibrant Historic Downtown Punta Gorda, Fishermen’s Village, and Ponce De Leon Park. You'll be nearby world-class beaches, world-class fishing, shopping, dining, and live entertainment. Don’t miss out on this incredible opportunity! The motivated sellers welcome buyer's brokers to show this property. Come take a look and envision the possibilities!