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!
Sold for $403,500
$403,500
27071/27075 Washington St, Punta Gorda, FL 33983
4beds
4baths
2,104sqft
Duplex, Multi Family
Built in 2023
-- sqft lot
$388,400 Zestimate®
$192/sqft
$1,694 Estimated rent
Home value
$388,400
$350,000 - $435,000
$1,694/mo
Zestimate® history
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$2,736/mo
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Modern conveniencesQuiet open backyardOpen floor planIn-unit laundry hookups
Zillow last checked:
Listing updated:
Listed by:
Timothy Aragon 727-300-2418,
MELENDY REAL ESTATE 727-657-8912
Bought with:
Elizabeth Wiggins, 3479425
TREND REALTY
Source: Stellar MLS,MLS#: TB8383259
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup
Features
- Eating Space In Kitchen, Primary Bedroom Main Floor, Thermostat
- Has fireplace: No
Interior area
- Total interior livable area: 2,104 sqft
Property
Parking
- Total spaces: 1
- Parking features: Curb Parking, Garage Door Opener, Ground Level
- Attached garage spaces: 1
Features
- Exterior features: Irrigation System, Private Mailbox, Sidewalk
Lot
- Size: 9,999 Square Feet
Details
- Parcel number: 402315158005
- Zoning: RMF10
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: HRBR HEIGHTS
HOA
- Has HOA: No
Location
- Region: Punta Gorda
Financial & listing details
- Price per square foot: $192/sqft
- Annual tax amount: $7,947
- Date on market: 5/8/2025
- Cumulative days on market: 20 days
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 3540
- Tenant pays: Electricity, Sewer, Trash Collection, Water
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | $403,500-5.1%$192/sqft |
Source:  Stellar MLS #TB8383259 Report a problem | ||
| 5/28/2025 | Pending sale | $425,000$202/sqft |
Source: Stellar MLS #TB8383259 Report a problem | ||
| 5/8/2025 | Listed for sale | $425,000$202/sqft |
Source: Stellar MLS #TB8383259 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33983
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Nearby schools
GreatSchools rating
- 8/10Deep Creek Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Punta Gorda Middle SchoolGrades: 6-8Distance: 5 mi
- 5/10Charlotte High SchoolGrades: 9-12Distance: 5.1 mi
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Estimated market value
$388,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$388,400
- Florida
- Charlotte County
- Punta Gorda
- 33983
- 27071/27075 Washington St
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