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Real Estate and Homes   Multi-Family Real Estate   9 BR -

521 Drury Ln | 7170008091

Johnny Huynh

This listing was posted on Johnny Huynh (via ListedBuy).

$1,475,000

521 Drury Ln, PUNTA GORDA, FL 33950 MLS# T3494229

Price:
$1,475,000
BR/BA:
9 BR, 7 BA
Location:
521 Drury Ln, Punta
Description:

Have you been seeking a profitable real estate investment opportunity in the extremely popular and trendy city of Punta Gorda? Majestically nestled on a 0.57-acre lot just 3-miles from Downtown Punta Gorda, this 7-unit paradise provides guests an unforgettable experience with delightful onsite amenities and ultra-comfortable accommodations. Boasting a gross revenue of approximately $265,000 in 2023, the property also offers an impressive 12.68% cap rate for those seeking an above-average ROI. Thoughtfully fashioned for the utmost tranquility, the grounds express an organically flowing vibe with gorgeous new tropical landscaping (2022), heated pool (new heater, pumps, filter, and housing-2022/2023), blissful gazebo, hammocks, a meditation area, soothing hot tubs, and several decks. Three buildings encompass 7 saleal units, which each have a unique layout and appealing aesthetic. Two units, Guava Bungalow and Papaya Bungalow, each sleep four and include a kitchen, two bedrooms (total 4 twin beds), and a modern full bathroom. Two other units, Orange Bungalow and Coconut Bungalow, both sleep three and have a kitchen, 2+ twin beds/sofa beds, and a full bathroom, while one unit also has a private hot tub and deck. Three units, Avocado Bungalow, Grapefruit Bungalow, and Mango Bungalow, each sleep 2 and feature 2 twin beds (convert to King), a full kitchen, and a chic full bathroom, while one unit also boasts a jetted soaking tub. In addition, the property has a plethora of updates including fresh paint (2022), new deck (2022), new main house roof (2022), new duplex house roof (2022), new Chickee Hut wiring (2022), new flooring (2022), new septic pump/wiring (2022), new fence panels (2022), new window A/C (2022), and new W/ D (2023). Residents will appreciate the outstanding proximity to desirable conveniences, such as artistic venues, boutique shopping, world-class dining, and I-75. Get the coveted financial advantage of this rarely-available. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
3,818 sq. ft.
Amenities:
AC, Hot Tub, Patio/Deck, Pool
For sale by:
Agent/Broker
Agent Name:
Johnny Huynh
February 14 on ListedBuy
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More About this Listing: 521 Drury Ln, PUNTA GORDA, FL 33950 MLS# T3494229
521 Drury Ln, PUNTA GORDA, FL 33950 MLS# T3494229 is a 9 Bedroom 7.5 Bath Multi-Family Real Estate for Sale at 521 Drury Ln in United States. Find other listings like 521 Drury Ln, PUNTA GORDA, FL 33950 MLS# T3494229 and listings near 521 Drury Ln by searching Oodle Classifieds for 9 Bedroom 7.5 Bath Multi-Family Real Estate for Sale in United States.