Active

$425,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2104 sq ft
Overview
  • ID: MFRTB8383259
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2104 sq ft
Property Details
Remarks
Turnkey Duplex – Cash Flowing Investment in Rapidly Growing Punta Gorda! Investor alert! This 2023-built concrete block duplex is fully leased and generating strong income, offering a low-maintenance, investment property in a thriving Florida market. Each unit spans 1,048 sq ft and includes 2 bedrooms, 2 bathrooms, and an open floor plan with 5 total rooms. Modern conveniences abound—refrigerator, electric range, microwave, dishwasher, garbage disposal, central A/C, and in-unit laundry hookups. Tenants enjoy a quiet, open backyard and convenient access to the Peace River, while being just minutes from vibrant downtown Punta Gorda. Situated outside the flood zone with city water, electric utilities, water softener and septic, this property is as practical as it is profitable. Both units are leased through March 2026 to long-term tenants. 2024 gross rental income totaled $42,695, with low annual expenses: insurance at $1,280.19, taxes at $7,629.61, and professional management Located squarely in the path of progress, this duplex is perfect for investors seeking immediate cash flow and long-term appreciation. Don’t miss this opportunity!
Financial Considerations
Price:
$425,000
HOA Fee:
N/A
Tax Amount:
$7947.51
Price per SqFt:
$202
Tax Legal Description:
HBH 001 0004 0018 HRBR HTS SEC 1 BLK 4 LTS 18 & 19 399/571 2731/1152 2767/1706 3590/2142 3590/2154 4569/174 4569/164 CD4569/401 CD4574/1326 4925/1370 3230982
Exterior Features
Lot Size:
9999
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Curb Parking, Garage Door Opener, Ground Level
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2023
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    27071/ 27075 WASHINGTON ST
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