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11000 GRAPEFRUIT LN Punta Gorda, FL 33955
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Key Details
Sold Price $340,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,708 sqft
Price per Sqft $199
Subdivision South Punta Gorda Heights
MLS Listing ID C7453562
Sold Date 02/04/22
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1988
Annual Tax Amount $5,779
Lot Size 5.000 Acres
Acres 5.0
Property Description
RARE OPPORTUNITY to own a 5 acre income producing parcel in PUNTA GORDA. This FULLY FENCED parcel is located in a quiet neighborhood at the end of the road. The land is cleared for access and yet still offers native Florida mature trees such as Florida pines. This is a beautiful oasis close to downtown. This property has well, septic and electricity. There are two manufactured buildings 36x24 with full bathrooms and kitchenette that rent for $800/ month. There is also a tenant with trailer that pays $500/ month, a tenant with a trailer that pays $400/ month and a tenant with a trailer in the 28x20 pole barn/ carport that pays $500/ month. This is a total current rental income of $3000/ month. The zoning is RE1 and as per the seller can be subdivided into five 1 acre lots. There is also a 40x8 storage trailer. This parcel is minutes from historic downtown Punta Gorda shopping, dining, medical care, waterfront parks, fishing piers, boat ramps, walking and biking paths, art galleries, weekend farmers markets, Fishermen's Village, events and more!
Location
State FL
County Charlotte
Community South Punta Gorda Heights
Zoning RE1
Interior
Interior Features Other
Heating Other
Cooling Other
Fireplace false
Exterior
Exterior Feature Fence, Storage
Utilities Available Electricity Available
View Trees/Woods
Roof Type Other
Garage false
Private Pool No
Building
Lot Description In County, Oversized Lot, Paved
Foundation Crawlspace
Lot Size Range 5 to less than 10
Sewer Septic Tank
Water Well
Structure Type Other
New Construction false
Construction Status Financing,Inspections
Schools
Elementary Schools East Elementary
Middle Schools Punta Gorda Middle
High Schools Charlotte High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with COLDWELL BANKER SUNSTAR REALTY