27071/ 27075 WASHINGTON ST, PUNTA GORDA, FL 33983

$425,000

Pending · 20 days on market · MLS# MFRTB8383259

Bedrooms0
Living area2,104 sq ft
Lot size0.23 acres
Year built2023
Property typeDuplex
Garage spaces1
Private poolYes
WaterfrontYes
Annual taxes$7,948
CountyCharlotte

About this home

Under contract-accepting backup offers. Turnkey Duplex – Cash Flowing Investment in Rapidly Growing Punta Gorda! Investor alert! This 2023-built concrete block duplex is fully leased and generating strong income, offering a low-maintenance, investment property in a thriving Florida market. Each unit spans 1,048 sq ft and includes 2 bedrooms, 2 bathrooms, and an open floor plan with 5 total rooms. Modern conveniences abound—refrigerator, electric range, microwave, dishwasher, garbage disposal, central A/C, and in-unit laundry hookups. Tenants enjoy a quiet, open backyard and convenient access to the Peace River, while being just minutes from vibrant downtown Punta Gorda. Situated outside the flood zone with city water, electric utilities, water softener and septic, this property is as practical as it is profitable. Both units are leased through March 2026 to long-term tenants. 2024 gross rental income totaled $42,695, with low annual expenses: insurance at $1,280.19, taxes at $7,629.61, and professional management Located squarely in the path of progress, this duplex is perfect for investors seeking immediate cash flow and long-term appreciation. Don’t miss this opportunity!

Listing courtesy of Timothy Aragon, MELENDY REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.

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