Map
Listed price in listed location currency (USD).
$1,200,000

210

MLS® TB8554675

Overview

Key Facts

Type Condominium
Levels Residential
Size 7700 sqft
Garage 
Maintenance Fees 
Taxes $18,870
Days Active 0
Approx. Age 1978
Avg. Price Per Sqft $155
MLS® Number TB8554675

Property Address: 1-10-4387 Sibley Bay St, PORT CHARLOTTE, FL, 33980-2829

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberTB8554675
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1978
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air

Extras

Rooms

Other:First FloorNot available
Kitchen:First FloorNot available
Bathroom 1:First FloorNot available
Living Room:First FloorNot available

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