3948 SAN ROCCO DRIVE #111-112, Punta Gorda, FL 33950
THIS DUPLEX CAN BE YOUR ELEGANT HOME, INVESTMENT PROPERTY OR BOTH! 3948 San Rocco includes 2 living units, #111 & 112, each with 2 BR, 2 full BA and 1,208 of comfortable living area. It can be bought with or without an identical duplex at 3954 San Rocco. Punta Gorda has seen rents go UP UP UP in the past 2-3 years, market rate is now well above what is currently being charged. Both units are leased with expiration dates of 8/31/2023 and 1/31/2024. Completed in 2017, the building is in fantastic condition throughout, with elegant design & decor that includes 9 foot ceilings, granite countertops, custom-fitted cabinetry and all stainless appliances. You can rent both units for steady, reliable income OR live in one unit and rent the other, defraying considerable investment costs! This highly desirable location is just steps away from a prime shopping center with a Publix supermarket, Home Depot, restaurants and more. Area residents are eligible for membership in the Twin Isles Country Club, another short walk away, with 18 holes of golf, tennis courts, a swimming pool, a fine restaurant and many community activities. Burnt Store Isles is Punta Gorda's premier neighborhood, and has very little multi-family investment property available. Please note there are NO mandatory HOA fees, membership in the Burnt Store Isles Association is optional at $45/year (it is a Neighborhood Association, not an HOA per Florida Statute 720). Deed restrictions are listed on the neighborhood website at BSIA.net, enforced by the applicable City of Punta Gorda zoning district. Listed dimensions are approximate, buyer to verify information. (*NOTE: Builder registered each duplex as a Condominium, current owner has legally terminated Condo designation. You will see remnants of former Condo designation, including the separation of each duplex into 3 county parcels for Unit 1, Unit 2 and Land.) CONTACT AGENT for P&L Statements, Rent Roll and other info!
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Competition is low in 33950, with homes selling 5% below asking price over the last three months.
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