Rare investment opportunity in highly desirable Deep Creek! This well-maintained 4-plex backs directly to the golf course and offers the ideal combination of immediate cash flow and long-term stability. Three units are currently rented with one vacant unit already being actively advertised, allowing a new owner to set market rent from day one. The current owner has invested approximately $30,000 in renovations across three units, providing updated interiors without the new buyer having to handle the construction, downtime, or risk. Each unit features its own private garage and screened lanai — amenities that significantly improve tenant retention and rental demand. Major systems have already been addressed with a 2023 roof and two newer A/C units. Even with professional property management in place, the numbers remain strong. Owner must step away for personal reasons, creating a genuine value-add opportunity where the heavy lifting has already been completed. Properties like this rarely come available in Deep Creek, especially backing to the golf course.
Financial Considerations
Price:
$639,000
HOA Fee:
N/A
Tax Amount:
$12678.87
Price per SqFt:
$127.8
Tax Legal Description:
PGI 023 0737 0007 PUNTA GORDA ISLES SEC 23 BLK 737 LOT 7 (FKA VILLA ESTA III ) 893/582 1089/1443 1106/362 CT1213/1656 1254/1799 2088/1889 3810/844 4136/937 3566280