Amazing Investment opportunity. 6% Cap with tremendous upside. 2 Buildings. 7 Units (each with its own bathroom) provides diversification and income stability. Commercial Condo Possibilities. Stable Tenants. Under 2 miles from Sunseeker can attract tourists and is a boost to value. 1.2 miles to Fawcett Hospital provides access to essential services, which is attractive to potential tenants. 15 min to PGD Airport Average Daily Traffic Count of 44,500 provides good visibility and accessibility for businesses. Waterfront Development Opportunity - Access to Charlotte Harbor and Gulf of Mexico is a valuable feature. You can leverage it for further development, such as a marina, restaurant, or other water-related businesses. The smaller building has a new roof, electrical panel and 2 bathrooms with new fixtures.
Financial Considerations
Price:
$875,000
HOA Fee:
N/A
Tax Amount:
$5345.17
Price per SqFt:
$257.66
Tax Legal Description:
PCH 003 0034 0030 PORT CHARLOTTE SEC 3 REP TR N BLK 34 LTS 30 & 31 368/768 386/157 693/2039-41 1136/602-4 AFF2149/590 3080/2 4060/1135