$603,000
$639,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
5,000 SqFt
SOLD DATE : 05/15/2026
Key Details
Sold Price $603,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $120
Subdivision Punta Gorda Isles Sec 23
MLS Listing ID C7522453
Sold Date 05/15/26
HOA Y/N No
Year Built 1986
Annual Tax Amount $12,678
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Rare investment opportunity in highly desirable Deep Creek! This well-maintained 4-plex backs directly to the golf course and offers the ideal combination of immediate cash flow and long-term stability. Three units are currently rented with one vacant unit already being actively advertised, allowing a new owner to set market rent from day one. The current owner has invested approximately $30,000 in renovations across three units, providing updated interiors without the new buyer having to handle the construction, downtime, or risk. Each unit features its own private garage and screened lanai — amenities that significantly improve tenant retention and rental demand. Major systems have already been addressed with a 2023 roof and two newer A/C units. Even with professional property management in place, the numbers remain strong. Owner must step away for personal reasons, creating a genuine value-add opportunity where the heavy lifting has already been completed. Properties like this rarely come available in Deep Creek, especially backing to the golf course.
Location
State FL
County Charlotte
Community Punta Gorda Isles Sec 23
Area 33983 - Punta Gorda
Zoning RMF15
Interior
Interior Features Primary Bedroom Main Floor, Solid Surface Counters
Heating Electric
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Lighting
Garage Spaces 1.0
Utilities Available Electricity Connected, Public
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Olivia Bent REAL BROKER, LLC
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