27071/ 27075 Washington STREET
Punta Gorda, FL 33983-
Est. Payment/ mo
Turnkey Duplex - Cash Flowing Investment in Rapidly Growing Punta Gorda!
Investor alert! This 2023-built concrete block duplex is fully leased and generating strong income, offering a low-maintenance, investment property in a thriving Florida market. Each unit spans 1,048 sq ft and includes 2 bedrooms, 2 bathrooms, and an open floor plan with 5 total rooms. Modern conveniences abound-refrigerator, electric range, microwave, dishwasher, garbage disposal, central A/C, and in-unit laundry hookups.
Tenants enjoy a quiet, open backyard and convenient access to the Peace River, while being just minutes from vibrant downtown Punta Gorda. Situated outside the flood zone with city water, electric utilities, water softener and septic, this property is as practical as it is profitable.
Both units are leased through March 2026 to long-term tenants. 2024 gross rental income totaled $42,695, with low annual expenses: insurance at $1,280.19, taxes at $7,629.61, and professional management
Located squarely in the path of progress, this duplex is perfect for investors seeking immediate cash flow and long-term appreciation. Don't miss this opportunity!
Listing provided courtesy of: MELENDY REAL ESTATE.
ADDITIONAL MEDIA
PROPERTY DETAILS
- Price $425,000
- Price / Sq Ft $202
- Bldg/Unit Size (Sq Ft) 2,104
- Building Units 2
- Land/Lot Size (Sq Ft) 10,019
- Property Type Residential Income
- Year Built 2023
- MLS Number TB8383259
- Days on Market 14
TAXES & HOA
- Annual Taxes (USD) $7,948
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DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
Listing provided courtesy of: MELENDY REAL ESTATE. The data relating to real estate for sale or lease on this web site comes in part from Stellar MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by Stellar MLS. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. © 2025 Stellar MLS. Listing last updated on 05/22/2025 22:26:42
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