Address
11007 Palmerston Avenue, Punta Gorda, FL
Price
$ 495,000
Property Attributes
  • MLS#224042784
  • TypeMulti-Family
  • CountyCHARLOTTE
  • CityPunta Gorda
  • AreaCH01 - Charlotte County
  • NeighborhoodSOUTH PUNTA GORDA HEIGHTS
  • Zip33955
  • StyleDuplex
  • Year Built2022
  • Taxes$ 3230
  • Price$ 495,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage900
  • Lot Size2.96 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

THE PROPERTY IS A TOTAL OF ROUGHLY 2.23 ACRES OF LAND. SITUATED AT THE END OF THE ROAD IN A QUIET RESIDENTIAL SETTING, FRAMED WITH A LARGE LAKE TO ONE SIDE AND A WOODED PROPERTY ON THE OTHER, OFFERING GREAT PRIVACY. BRAND NEW BEAUTIFUL LARGE HOME BUILT DIRECTLY ACROSS THE STREET FROM PROPERTY. PROPERTY CONTAINS 2 ADJACENT PARCELS 11007 & 11011 PALMERSTON AVE. PARCEL IDS 412334126011 & 412334126010. CURRENTLY ON SITE IS A COMPLETEY REMODELED (2021) 1br/1ba SINGLE WIDE TRAILER with 600sq ft under ac and total of 1100 (12’ X 42’) WITH SCREENED IN PORCH, AND A NEWLY BUILT (2021) CHIC, LOFT STYLE TINY HOUSE with 300 sq ft under ac and total of 500NEW WELL AND WELL EQUIPMENT INSTALLED 2021. BRINGING IN $2350/mo. WHEN FULLY RENTED. ZONING CODE MHC, ALLOWS FOR 5 HOMES PER ACRE. THIS IS AN OPPORTUNITY TO PLACE MULTIPLE MANUFACTUED HOMES ON SITE (PENDING COUNTY APPROVAL). GREAT CASH FLOW AND INFLATION HEDGE POTENTIAL!! BUYER TO COMPLETE ALL DUE DILIGENCE.

Price History
5/13/2024 Listed $495,000

General Features

Sewer SepticTank
Heating None
Cooling CeilingFans,WindowUnits,WallUnits
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
Exterior Features Patio,RoomForPool
HOA 0.0
Patio/Porch Features Patio
Architectural Style Other
Construction Materials Manufactured,WoodSiding
Pets Allowed Yes
Year Built 2022
Tenant Pays SeeRemarks
Property SubType Duplex
Tax Year 2023
Waterfront Features None
County Charlotte
Net Operating Income 22580.0
Operating Expense 5620.0
New Construction No
Property Type ResidentialIncome
Association Amenities None
HOA / Comm Assn No
Attached Garage No
Subdivision Name SOUTH PUNTA GORDA HEIGHTS
Garage Y/N No
Status Active
Directions US 41 to East on Lemonade Dr,North on Palmerston Dr. Property will be at the end of the road on the right side.
City PUNTA GORDA
Land Lease Amount 0.0
View Y/N No
Senior Community Y/N No
Zoning Description MHC
NumberOfUnitsTotal 2
MLS Area CH01 - Charlotte County
Lot Size Units Acres
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3230.27
Home Warranty Y/N No
Property Condition Resale
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://youtu.be/_N9qXF9ozVo
Days on Market 8
Structure Type Duplex
Standard Status Active
Tax Lot 22
Property Sub Type Additional Duplex
MobileHomeRemainsYN No
PostalCity PUNTA GORDA
Legal Description SPA 000 0000 0022 S P G HTS AKG ESTS LT 22 LESS THE SW 100 FT MEASURED ALG THE SE LINE OF LT 22
Condo Fee 0.0

Interior Features

Flooring Tile,Vinyl
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Window Features SingleHung
Fireplace Y/N No
Full Baths 2
Total Bedrooms 2
Electric On Property Y/N No
Total Baths 2

Exterior Features

Lot Features IrregularLot,OversizedLot
Water Source Well
Lot Size Area 2.96
Horses No
Number of Buildings 2
Spa No
Irrigation/Water Rights No
Building Area Total 900.0
Lot Dimensions 45 x 400 x 444 x 557
Lot Size Acres 2.96
Lot Size Source Appraiser
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 33955

Price
AVG $500K
$500K
Taxes
AVG $3,230
$3,230
Visits
AVG 45
45
Data Provided by Inside Real Estate®
Year Built
AVG 2022
2022

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