PUNTA GORDA, FL 33983 27071/ 27075 WASHINGTON STREET
$425,000
Pending



18 more



















Presented By: MELENDY REAL ESTATE with 727-657-8912. - 727-657-8912
Home Details
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!
Presented By: MELENDY REAL ESTATE with 727-657-8912. - 727-657-8912
Interior Features for 27071/ 27075 WASHINGTON STREET
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcebuilder
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitieseating space in kitchen, primary bedroom main floor, thermostat
Laundry Featureselectric dryer hookup
General for 27071/ 27075 WASHINGTON STREET
Additional Parcels Y/NNo
Attached Garage Yes
Building Area Unitssquare feet
Carport Y/NNo
Citypunta gorda
Construction Materialsblock
Coolingcentral air
Countycharlotte
Directionshead east on harbor view rd toward guava st
2.4 mi
turn left onto highlands rd
0.2 mi
turn right onto rushmore ave
325 ft
turn left at the 1st cross street onto sulstone dr
0.6 mi
tur
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
Garage Spaces1
Garage Y/NYes
Gross Income42480
HOANo
Heatingcentral
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionhbh 001 0004 0018 hrbr hts sec 1 blk 4 lts 18 & 19 399/571 2731/1152 2767/1706 3590/2142 3590/2154 4569/174 4569/164 cd4569/401 cd4574/1326 4925/1370 3230982
Listing Termscash, conventional, fha
Living Area Unitssquare feet
Lot Size Square Feet9999
Lot Size Unitssquare feet
MLS Area33983 - punta gorda
ModificationTimestamp2025-06-09t21:47:18.053z
New ConstructionNo
Number Of Units Total2
Ok to Lease12 months
Ownershipfee simple
Possessionclose of escrow
Property Subtypeduplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerseptic tank
Standard Statuspending
Statuspending
Subdivision Namehrbr heights
Tax Annual Amount7947.51
Tax Lot18
Tax Year2024
Tenant Payselectricity, sewer, trash collection, water
Total Actual Rent3540
Utilitiescable available, electricity connected, public, sewer connected, street lights, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2023
Zoningrmf10
Exterior for 27071/ 27075 WASHINGTON STREET
Covered Spaces1
Exterior Amenitiesirrigation system, private mailbox, sidewalk
Foundation Detailsslab
Lot Size Acres0.23
Lot Size Area9999
Number of Buildings1
Parking Featurescurb parking, garage door opener, ground level
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History

Maria Rapsomanikis
Realtor