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Rhonda Gailey

rhonda@gaileyenterprises.com +1(352) 897-2018

$ 1,495,000

Est. payment -/mo

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3269 DUNCAN RD Punta Gorda, FL 33982

7,150 SqFt

UPDATED:

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

Listed by BEYCOME OF FLORIDA LLC