3269 DUNCAN RD new Save Request In-Person Tour Request Virtual Tour
Punta Gorda,FL 33982
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,150 sqft
Price per Sqft $209
MLS Listing ID O6298244
HOA Y/N No
Originating Board Stellar MLS
Year Built 1978
Annual Tax Amount $13,060
Lot Size 67.230 Acres
Acres 67.23
Lot Dimensions x200
Property Sub-Type Multi Family
Property Description
Welcome to your Punta Paradise investment. We purchased this property in October 2022 when it had not been updated since its original construction. Property Performance: - Annual income Total reviews: 500+ - Average rating: 4.9 stars -Cap rate 10 We conducted a comprehensive remodel of the entire property, including significant upgrades to each unit: Unit Upgrades: - New roofs - New windows - New doors - New tile floors - New bathroom vanities - New showers - New cabinets and countertops - New appliances - Updated artwork and furniture We also completely redesigned the landscaping throughout the property, transforming this once underperforming asset into an exceptional rental investment. Property Performance: - Annual income -Total reviews: 500+ - Average rating: 4.9 stars -Cap rate 10 Property Details: - 11 units, each approximately 650 square feet All with 1 bedroom, 1 bath, livingroom, dining room, kitchen on the water. - Located on over 2.5 acres of waterfront property along Shell Creek - Amenities include docks, canoes, and kayaks for guests to enjoy fishing and scenery Operational Efficiency: The entire property is managed through Hostaway, a comprehensive software solution - Automatically adjusts pricing based on demand - - Generates unique door access codes for each stay This property represents a great investment with professional management and a cleaning crew to handle any potential issues, making it an great low-maintenance revenue generator
Location
State FL
County Charlotte
Zoning MP
Interior
Interior Features Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Other,Primary Bedroom Main Floor
Heating Electric,Wall Units / Window Unit
Cooling Ductless,Wall/Window Unit(s)
Fireplace false
Laundry None
Exterior
Exterior Feature Lighting,Other,Outdoor Grill,Private Mailbox
Utilities Available Electricity Available,Electricity Connected,Street Lights
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 50 to less than 100
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6298244