$1,000,000
Active · 158 days on market · MLS# MFRC7504424
| Bedrooms | 10 |
|---|---|
| Living area | 4,736 sq ft |
| Lot size | 0.66 acres |
| Year built | 1985 |
| Property type | Quadruplex |
| Garage spaces | 4 |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $380 |
| Annual taxes | $143,970 |
| County | Charlotte |
Investment Opportunity: Quadplex in Rotonda West, Florida. This unique property features two adjoining duplexes, offering a rare investment opportunity in the desirable community of Rotonda West. Building 49 boasts two completely remodeled 3-bedroom, 2-bathroom units, each with a 1-car garage. These units have been meticulously renovated with high-quality finishes, new appliances, tile throughout, and luxurious bathrooms. The indoor laundry and attention to detail make these units stand out in the market. Building 51 consists of two 2-bedroom, 2-bathroom units, each with a 1-car garage. Notable updates include a 2023 roof, 2018 hot water heaters, and 2018 AC units. One of the units is currently rented to a reliable long-term tenant, providing immediate income. Both buildings are located on two separate 1/3-acre lots, each with its own deed, but they share a driveway. The option to combine the deeds provides potential for tax and insurance savings. Before a full remodel in 2024, the two buildings had identical floor plans and condition, making this a great example of the investment potential. Building 49 was transformed into a modern gem, demonstrating what’s possible with a little creativity and effort. Building 51 remains a prime candidate for similar updates, offering substantial upside for the right investor. With large lots that allow for the addition of a pool, this property offers the potential to create a resort-style living experience, appealing to both tenants and future buyers. Don’t miss out on this fantastic opportunity in a rapidly growing area. This quadplex is ready to deliver solid returns with the potential for further value growth.
Listing courtesy of Traci Creighton, KELLER WILLIAMS ISLAND LIFE REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.