Active

$1,000,000

Features:
  • 10 Bedrooms
  • 8 Bathrooms
  • 4736 sq ft
Overview
  • ID: MFRC7504424
  • Bedrooms: 10
  • Bathrooms: 8
  • Size: 4736 sq ft
Property Details
Remarks
Investment Opportunity: Quadplex in Rotonda West, Florida. This unique property features two adjoining duplexes, offering a rare investment opportunity in the desirable community of Rotonda West. Building 49 boasts two completely remodeled 3-bedroom, 2-bathroom units, each with a 1-car garage. These units have been meticulously renovated with high-quality finishes, new appliances, tile throughout, and luxurious bathrooms. The indoor laundry and attention to detail make these units stand out in the market. Building 51 consists of two 2-bedroom, 2-bathroom units, each with a 1-car garage. Notable updates include a 2023 roof, 2018 hot water heaters, and 2018 AC units. One of the units is currently rented to a reliable long-term tenant, providing immediate income. Both buildings are located on two separate 1/3-acre lots, each with its own deed, but they share a driveway. The option to combine the deeds provides potential for tax and insurance savings. Before a full remodel in 2024, the two buildings had identical floor plans and condition, making this a great example of the investment potential. Building 49 was transformed into a modern gem, demonstrating what’s possible with a little creativity and effort. Building 51 remains a prime candidate for similar updates, offering substantial upside for the right investor. With large lots that allow for the addition of a pool, this property offers the potential to create a resort-style living experience, appealing to both tenants and future buyers. Don’t miss out on this fantastic opportunity in a rapidly growing area. This quadplex is ready to deliver solid returns with the potential for further value growth.
Financial Considerations
Price:
$1,000,000
HOA Fee:
380
Tax Amount:
$143969.56
Price per SqFt:
$211.15
Tax Legal Description:
ROH 000 0000 1006 ROTONDA WEST OAKLAND HILLS LT 1006 812/573 1860/632 1933/17492411/1604 2506/756 3013/559 CT3208/120 3311/1922 4416/317 4671/1816 4714/998 & ROTONDA WEST OAKLAND HILLS LT 1005 789/727 812/573 1860/595 2239/2079 2507/1594 3013/456 CT3217/958 3355/770 4466/1013 3302349
Exterior Features
Lot Size:
28806
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
10
Bathrooms:
8
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Furnished:
No
Floor:
Carpet, Ceramic Tile
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1985
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    49 & 51 BOUNDARY
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

img
  • Featured
  • Active
Quadruplex

1002 CALLE MADRID, URB SANTA RITA

  • 0
  • 0
  • 418 m²
avt
Daniel Dourado
$ 595,000
avt
Daniel Dourado
$ 539,900
avt
Daniel Dourado
$ 499,900
avt
Daniel Dourado
$ 499,900
avt
Daniel Dourado
$ 950,000
avt
Daniel Dourado
$ 1,580,000
avt
Daniel Dourado
$ 775,000
avt
Daniel Dourado
$ 2,555,000
avt
Daniel Dourado
$ 449,900
img
  • Featured
  • Active
Quadruplex

1002 & 1004 DAMPIERRE CT #A & B

  • 12
  • 8
  • 484 m²
avt
Daniel Dourado
$ 1,050,000
avt
Daniel Dourado
$ 1,889,500
img
  • Featured
  • Active
Quadruplex

7438 EXCITEMENT DR #4PLEX NOAH

  • 12
  • 8
  • 493 m²
avt
Daniel Dourado
$ 1,753,600