Investors Paradise with this gem of a duplex, a two bed, two bath property, with an FDOT approved, direct access driveway, off of McCall. This building has two units with 1 bedroom and 1 bath in each unit and is currently being used for long-term rentals; and would easily convert to seasonal rentals. There has been continual preventative maintenance on the building, so everything is functioning very well. At present you can achieve approximately an 8% ROI Plus Equity, with plenty of room for value-add projects, to increase your revenues. This structure is located three short miles from the Manasota Key Beach and is surrounded by all manner of amenities. Currently both units are leased out with a one year term. One unit is a new tenant and other is a long term tenant. Duplex has a nice screened in shared patio and outdoor area for sitting, grilling, or just enjoying FL beautiful summer days.
Call today for private showing
Call today for private showing
Property Details
Price:
$349,900
MLS #:
A4595671
Status:
Active
Beds:
2
Baths:
2
Address:
1600 CARDINAL LANE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BREEZEWOOD MANOR
City:
ENGLEWOOD
Listed Date:
Jan 17, 2024
State:
FL
Finished Sq Ft:
1,550
ZIP:
34224
Lot Size:
9,344 sqft / 0.21 acres (approx)
Year Built:
1969
Units:
2
Schools
Interior
Cooling
Central Air
Heating
Electric
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Construction Materials
Block
Exterior Features
Private Mailbox
Roof
Shingle
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$4,198
Map
Community
- Address1600 CARDINAL LANE ENGLEWOOD FL
- CityENGLEWOOD
- CountyCharlotte
- Zip Code34224
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Courtesy of HORIZON REALTY INTERNATIONAL. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 1600 CARDINAL LANE
ENGLEWOOD, FL
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