3269 Duncan Rd - Apartments FOR SALE


Punta Gorda, FL 33982- Outlying Punta Gorda
$1,850,000 USD
509-995-5844
3269 Duncan Rd, Punta Gorda, FL for Sale
$1,850,000 USD
Apartments - FOR SALE
1/63
null | 8.28% Cap Rate

3269 Duncan Rd
Punta Gorda, FL 33982
Outlying Punta Gorda


HIGHLIGHTS

  • Peaceful property right on the water
  • No neighbors
  • Can use for short-term, mid-term or long-term rentals

OVERVIEW

?? INCREDIBLE TURNKEY INVESTMENT OPPORTUNITY! ?? Punta Paradise: Your Passive Income Dream Welcome to Punta Paradise Investment Property Overview: We purchased this property in October 2022 when it had not been updated since its original construction. We completed a full remodel of the entire property, transforming it into a high-performing short-term rental. Unit Upgrades: - New roofs - New windows and doors - New tile floors - New bathroom vanities and showers - New cabinets and countertops - New appliances - New furniture and decor Comprehensive landscaping was also redesigned to enhance the property's appeal. Investment Performance: - Annual Income: Over $275,000 - Cap rate 7.86 - Total Reviews: 500+ - Average Rating: 4.9 stars Property Specifications: - 11 units (approximately 660 sq ft each) - Located on 2+ acres of waterfront property - Situated on Shell Creek - Amenities include docks, canoes, and kayaks Operational Management: The property is fully integrated with Hostaway software, which: - Manages bookings across multiple platforms (Airbnb, Booking.com, VRBO) - Synchronizes calendars automatically - Adjusts pricing dynamically - Generates unique door access codes - Sends automated guest communications This turn-key investment comes with a professional cleaning crew and on-site management, ensuring minimal owner involvement while generating consistent revenue. Offering buyer broker commission if you bring a buyer Contact Mark Anderson Owner markand22@yahoo.com 509-995-5844

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

11

PRICE/UNIT

$168,182

CAP RATE

8.28%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.54 AC

LAND SF

284,882 SF

ZONING

RMF5

APN/PARCEL ID

402324426001

ASK ABOUT THIS PROPERTY

Mark AndersonTop Agent TeamMore Info
509-995-5844

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Mark AndersonTop Agent TeamMore Info
509-995-5844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.