$639,000

$128/sq ft

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Overview

Year Built

1986

Garage

1

Sqft

5000

Property Type

Quadruplex

Property Description

Rare investment opportunity in highly desirable Deep Creek! This well-maintained 4-plex backs directly to the golf course and offers the ideal combination of immediate cash flow and long-term stability. Three units are currently rented with one vacant unit already being actively advertised, allowing a new owner to set market rent from day one. The current owner has invested approximately $30,000 in renovations across three units, providing updated interiors without the new buyer having to handle the construction, downtime, or risk. Each unit features its own private garage and screened lanai — amenities that significantly improve tenant retention and rental demand. Major systems have already been addressed with a 2023 roof and two newer A/C units. Even with professional property management in place, the numbers remain strong. Owner must step away for personal reasons, creating a genuine value-add opportunity where the heavy lifting has already been completed. Properties like this rarely come available in Deep Creek, especially backing to the golf course.

Property Details

MLS#

C7522453

Garage

1

Address

1203 SAXONY

City

Punta Gorda

State/county

FL

Zip/Postal Code

33983

Area

Punta Gorda Isles Sec 23

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,678

Maint Fee

$--

Tax Year

2025

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Boris Gelfand