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11007 Palmerston Avenue Punta Gorda, FL $ 495,000
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11007 Palmerston Avenue
$ 495,000
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11007 Palmerston Avenue

Punta Gorda, FL, 33955
$ 495,000
Bedrooms2 Baths2.0 Sq 900

Monthly Estimate*

$ 3,290

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Multi-Family Home for sale in Punta Gorda, FL

for $495,000 with 2 bedrooms and 2 full baths. This 900 square foot home was built in 2022 on a lot size of 2.96.

THE PROPERTY IS A TOTAL OF ROUGHLY 2.23 ACRES OF LAND. SITUATED AT THE END OF THE ROAD IN A QUIET RESIDENTIAL SETTING, FRAMED WITH A LARGE LAKE TO ONE SIDE AND A WOODED PROPERTY ON THE OTHER, OFFERING GREAT PRIVACY. BRAND NEW BEAUTIFUL LARGE HOME BUILT DIRECTLY ACROSS THE STREET FROM PROPERTY. PROPERTY CONTAINS 2 ADJACENT PARCELS 11007 & 11011 PALMERSTON AVE. PARCEL IDS 412334126011 & 412334126010. CURRENTLY ON SITE IS A COMPLETEY REMODELED (2021) 1br/1ba SINGLE WIDE TRAILER with 600sq ft under ac and total of 1100 (12’ X 42’) WITH SCREENED IN PORCH, AND A NEWLY BUILT (2021) CHIC, LOFT STYLE TINY HOUSE with 300 sq ft under ac and total of 500NEW WELL AND WELL EQUIPMENT INSTALLED 2021. BRINGING IN $2350/mo. WHEN FULLY RENTED. ZONING CODE MHC, ALLOWS FOR 5 HOMES PER ACRE. THIS IS AN OPPORTUNITY TO PLACE MULTIPLE MANUFACTUED HOMES ON SITE (PENDING COUNTY APPROVAL). GREAT CASH FLOW AND INFLATION HEDGE POTENTIAL!! BUYER TO COMPLETE ALL DUE DILIGENCE.

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Multi-Family Active

Price

$ 495,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,230

Style

Lot Size

2.96

Year Built

2022

Town/City

Punta Gorda

County/Region

Charlotte

MLS | Web ID

224042784
Features
General
Sewer Septic Tank
Heating None
Cooling Ceiling Fan(s) Window Unit(s) Wall Unit(s)
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
Exterior Features Patio Room For Pool
HOA 0
Patio/Porch Features Patio
Architectural Style Other
Construction Materials Manufactured Wood Siding
Pets Allowed Yes
Year Built 2022
Tenant Pays See Remarks
Property SubType Duplex
Tax Year 2023
Waterfront Features None
County Charlotte
Net Operating Income 22580
Operating Expense 5620
Property Type Residential Income
Association Amenities None
Subdivision Name SOUTH PUNTA GORDA HEIGHTS
Status Active
Directions US 41 to East on Lemonade Dr North on Palmerston Dr. Property will be at the end of the road on the right side.
City PUNTA GORDA
Land Lease Amount 0
Zoning Description MHC
Total Units 2
MLS Area CH01 - Charlotte County
Waterfront Y/N 0
Street Name Palmerston
Tax Annual Amount 3230.27
Property Condition Resale
Virtual Tour https://youtu.be/_N9qXF9ozVo
Days on Market 8
Structure Type Duplex
Standard Status Active
Tax Lot 22
Property Sub Type Additional Duplex
Legal Description SPA 000 0000 0022 S P G HTS AKG ESTS LT 22 LESS THE SW 100 FT MEASURED ALG THE SE LINE OF LT 22
Condo Fee 0
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Interior
Flooring Tile Vinyl
Air Conditioning Y/N 1
Heating Y/N 0
Window Features Single Hung
Full Baths 2
Half Baths 0
Street Suffix Avenue
Total Bedrooms 2
Total Baths 2
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Exterior
Lot Features Irregular Lot Oversized Lot
Water Source Well
Lot Size Area 2.96
Number of Buildings 2
Spa 0
Building Area Total 900
Lot Dimensions 45 x 400 x 444 x 557
Lot Size Acres 2.96
Lot Size Units Acres
Lot Size Source Appraiser
Covered Spaces 0
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* Excluded Features
List By
Ana Albuquerque

Listing Agent

Sun Realty

Broker

anaswfl@gmail.com

Email

Affordability Calculator

$3,559
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,290
Monthly Property Taxes
$269
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/13/2024$495,000 Listed Price

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11007 Palmerston Avenue, Punta Gorda, FL, 33955 is a Multi-Family Home for sale at $495,000 with 900 sqft and a lot size of 2.96. 11007 Palmerston Avenue has 2 bedrooms, 2.0 baths, and was built in 2022. The property's zip code is 33955 which is in Punta Gorda, FL

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