3269 DUNCAN RD, PUNTA GORDA, FL, 33982
$1,350,000
Residential Income
|
Living Area
7,150 Sqft
|
Lot Size
2,928,538 Sqft
|
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
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6298244 | Year Built: | 1978 | |
| Community Features: | Street Lights | Construction Materials: | Block | |
| Cooling: | Ductless, Wall/Window Unit(s) | Country: | US | |
| County Or Parish: | Charlotte | Exterior Features: | Lighting, Other, Outdoor Grill, Private Mailbox | |
| Foundation Details: | Slab | Heating: | Electric, Ductless | |
| Laundry Features: | None | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Property Sub Type: | Multi Family | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Sewer: | Septic Tank | |
| Showing Requirements: | Call Owner, See Remarks | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Available, Electricity Connected | Water Source: | Well | |
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