$575,000

$312/sq ft

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Overview

Year Built

1926

Sqft

1845

Property Type

Triplex

Property Description

Commercially zoned but currently used a 3 rental unit property with outbuildings etc. 19,300 AADT from the FDOT site. 1.2 miles from I-75 interchange. New RaceTrac truck stop open, Mcdonald's and other development in the works. This 1.4 acre property is directly on Rt 17. Land value at $6.50 per foot is $395,000. Rental income $2,250(could be higher) monthly to cover the $180,000 for improvements. All rental units are 1 bedroom, 1 bath, kitchen with each having their own entry and front porch. Possibilities abound with older structures, mature trees, bamboo that produces, small creek that runs to the Peace River. DO NOT ENTER PROPERTY WITHOUT AN APPOINTMENT. If interested, there is more info to provide.

Property Details

MLS#

C7518912

Address

5301 DUNCAN

City

Punta Gorda

State/county

FL

Zip/Postal Code

33982

Area

Punta Gorda

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,972

Maint Fee

$--

Tax Year

2024

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Boris Gelfand