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Sold for $403,500 on 06/23/25
  • $403,500

    27071/27075 Washington St, Punta Gorda, FL 33983

    4beds
    4baths
    2,104sqft
    Duplex, Multi Family
    Built in 2023
    -- sqft lot
    $400,200 Zestimate®
    $192/sqft
    $-- Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: June 25, 2025 at 04:59pm

    Listing Provided by:

    Timothy Aragon 727-300-2418,

    MELENDY REAL ESTATE 727-657-8912

    Bought with:

    Elizabeth Wiggins, 3479425

    TREND REALTY

    Source: Stellar MLS,MLS#: TB8383259MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Electric Dryer Hookup
    Features
    • Eating Space In Kitchen, Primary Bedroom Main Floor, Thermostat
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,104 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Curb Parking, Garage Door Opener, Ground Level
    • Attached garage spaces: 1
    Features
    • Exterior features: Irrigation System, Private Mailbox, Sidewalk
    Lot
    • Size: 9,999 sqft
    Details
    • Parcel number: 402315158005
    • Zoning: RMF10
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

    Community & neighborhood

    Location
    • Region: Punta Gorda
    • Subdivision: HRBR HEIGHTS

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 3540

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    • Road surface type: Asphalt
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $400,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $400,200