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(239) 206-0824
Real Estate Company
4387 Sibley Bay Street Unit 1-10, Port Charlotte, FL 33980
- $1,200,000
- 2
- BD
- 1
- BA
- 7,700
- SqFt
- List Price
- $1,200,000
- Listing Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- TB8554675
- Bedrooms
- 2
- Bathrooms
- 1
- Living Sq. Ft
- 7,700
- Property Class
- Condo
- County
- Charlotte
- Region
- Port Charlotte
- Building Name
- 4387
Property Description
Excellent investment opportunity in the Punta Gorda/Port Charlotte area! This 10-unit multifamily property offers a strong combination of current income and value-add potential. The property features a mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, with several units already renovated and others partially updated, providing an opportunity for continued improvements and future rent growth. Currently, 7 units are income-producing, while the on-site superintendent occupies one unit and assists with property maintenance. The superintendent’s current lease expires December 2026, giving the new owner flexibility with future operations. Two 1BR/1BA units have been fully renovated, seven units are semi-renovated, and one 1BR/1BA unit remains unrenovated, creating additional upside potential. Conveniently located near shopping, dining, major roadways, and the growing Punta Gorda/Port Charlotte market. An attractive opportunity for an investor looking to acquire a 10-unit multifamily asset with existing cash flow, operational flexibility, and room to increase value through continued renovations and rental optimization. Financial information available upon request. Please do not disturb tenants.
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Additional Information
- Year Built
- 1978
- furnished
- Unfurnished
- Pool
- Yes
- Construction
- Block, Stucco
- Roof
- Shingle
- Exterior Features
- Lighting
- Sewer
- Public Sewer
- Cooling
- Central Air
- Interior Features
- Ninguno
- Tax Year
- 2025
Listing courtesy of SELLSTATE COASTAL REALTY.