UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 7,700 sqft
Price per Sqft $155
Subdivision Seward Add Char Hrbr
MLS Listing ID TB8554675
Bedrooms 2
Full Baths 1
Condo Fees $199
HOA Y/N No
Annual Recurring Fee 3588.0
Year Built 1978
Annual Tax Amount $18,870
Lot Size 0.680 Acres
Acres 0.68
Lot Dimensions 275x107
Property Sub-Type Condominium
Source Stellar MLS
Property Description
Currently, 7 units are income-producing, while the on-site superintendent occupies one unit and assists with property maintenance. The superintendent's current lease expires December 2026, giving the new owner flexibility with future operations. Two 1BR/1BA units have been fully renovated, seven units are semi-renovated, and one 1BR/1BA unit remains unrenovated, creating additional upside potential.
Conveniently located near shopping, dining, major roadways, and the growing Punta Gorda/Port Charlotte market. An attractive opportunity for an investor looking to acquire a 10-unit multifamily asset with existing cash flow, operational flexibility, and room to increase value through continued renovations and rental optimization.
Financial information available upon request. Please do not disturb tenants.
Location
State FL
County Charlotte
Community Seward Add Char Hrbr
Area 33980 - Port Charlotte
Zoning CHNBR
Interior
Interior Features Ninguno
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Microwave, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Lighting
Pool In Ground
Community Features Pool
Utilities Available Electricity Available, Phone Available, Public, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Exposure North
Garage false
Private Pool Yes
Building
Lot Description FloodZone, Paved
Story 1
Entry Level One
Foundation Stem Wall
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Unit Floor 1
Structure Type Block,Stucco
New Construction false
Others
HOA Fee Include None
Senior Community No
Ownership Condominium
Monthly Total Fees $299
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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