Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Envision Real Estate
Property view
Listing view 2
Listing view 3

27071/ 27075 Washington Street, 
Punta Gorda, FL 33983

$425,000


Bed


Bath


2,104

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Timothy Aragon

Melendy Real Estate

Last updated:

May 9, 2025, 01:01 PM

MLS#

TB8383259

Source:

MFRMLS

About This Home

27071/ 27075 Washington Street

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!

Home Facts

Multi-Family

Built in 2023

Price Summary

425,000

$201 per Sq. Ft.

MLS #:

TB8383259

Last Updated:

May 9, 2025, 01:01 PM

Added:

2 day(s) ago


Rooms & Interior

Interior

Living Area:

2,104 Sq. Ft.


Structure

Structure

Building Area:

2,104 Sq. Ft.

Year Built:

2023


Lot

Lot Size (Sq. Ft):

9,999


Finances & Disclosures

Finances

Price:

$425,000

Price per Sq. Ft:

$201 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Melendy Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Melendy Real Estate, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.