5301 DUNCAN RD, PUNTA GORDA, FL 33982

$575,000

Active · 5 days on market · MLS# MFRC7518097

Living area1,845 sq ft
Lot size1.4 acres
Year built1926
Property typeMixed Use
WaterfrontYes
Annual taxes$2,973
CountyCharlotte

About this home

Commercially zoned but currently used a 3 rental unit property with outbuildings etc. 19,300 AADT from the FDOT site. 1.2 miles from I-75 interchange. New RaceTrac truck stop open, Mcdonald's and other development in the works. This 1.4 acre property is directly on Rt 17. Land value at $6.50 per foot is $395,000. Rental income $2,250(could be higher) monthly to cover the $180,000 for improvements. All rental units are 1 bedroom, 1 bath, kitchen with each having their own entry and front porch. Possibilities abound with older structures, mature trees, bamboo that produces, small creek that runs to the Peace River. DO NOT ENTER PROPERTY WITHOUT AN APPOINTMENT. If interested, there is more info to provide.

Listing courtesy of John Bockin, RE/MAX HARBOR REALTY. Presented by MC Homes Realty Inc · 727432218.

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