Welcome to your Punta Paradise investment. We purchased this property in October 2022 when it had not been updated since its original construction. Property Performance: – Annual income Total reviews: 500+ – Average rating: 4.9 stars -Cap rate 10 We conducted a comprehensive remodel of the entire property, including significant upgrades to each unit: Unit Upgrades: – New roofs – New windows – New doors – New tile floors – New bathroom vanities – New showers – New cabinets and countertops – New appliances – Updated artwork and furniture We also completely redesigned the landscaping throughout the property, transforming this once underperforming asset into an exceptional rental investment. Property Performance: – Annual income -Total reviews: 500+ – Average rating: 4.9 stars -Cap rate 10 Property Details: – 11 units, each approximately 650 square feet All with 1 bedroom, 1 bath, livingroom, dining room, kitchen on the water. – Located on over 2.5 acres of waterfront property along Shell Creek – Amenities include docks, canoes, and kayaks for guests to enjoy fishing and scenery Operational Efficiency: The entire property is managed through Hostaway, a comprehensive software solution – Automatically adjusts pricing based on demand – – Generates unique door access codes for each stay This property represents a great investment with professional management and a cleaning crew to handle any potential issues, making it an great low-maintenance revenue generator
Property Details
Price:
$1,495,000
MLS #:
O6298244
Status:
Active
Beds:
0
Baths:
0
Address:
3269 DUNCAN ROAD
Type:
Multi Family
Neighborhood:
33982 – Punta Gorda
City:
PUNTA GORDA
Listed Date:
Apr 9, 2025
State:
FL
Finished Sq Ft:
7,150
ZIP:
33982
Lot Size:
2,928,538 sqft / 67.23 acres (approx)
Year Built:
1978
Units:
11
Schools
Interior
Cooling
Mini- Split Unit(s), Wall/ Window Unit(s)
Heating
Electric, Wall Units / Window Unit
Laundry Features
None
Exterior
Construction Materials
Block
Exterior Features
Lighting, Other, Outdoor Grill, Private Mailbox
Roof
Shingle
Financial
Tax Year
2024
Taxes
$13,060
Map
Community
- Address3269 DUNCAN ROAD PUNTA GORDA FL
- SubdivisionNONE
- CityPUNTA GORDA
- CountyCharlotte
- Zip Code33982
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3269 DUNCAN ROAD
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LIGHTBOX-IMAGES