5301 Duncan Road
PUNTA GORDA,
FL 33982
Commercially zoned but currently used a 3 rental unit property with outbuildings etc. 19,300 AADT from the FDOT site. 1.2 miles from I-75 interchange. New RaceTrac truck stop open, Mcdonald's and other development in the works. This 1.4 acre property is directly on Rt 17. Land value at $6.50 per foot is $395,000. Rental income $2,250(could be higher) monthly to cover the $180,000 for improvements. All rental units are 1 bedroom, 1 bath, kitchen with each having their own entry and front porch. Possibilities abound with older structures, mature trees, bamboo that produces, small creek that runs to the Peace River.
DO NOT ENTER PROPERTY WITHOUT AN APPOINTMENT. If interested, there is more info to provide.
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Listings courtesy of My Florida Regional MLS DBA Stellar MLS as distributed by MLS GRID. Listing Office: RE/MAX HARBOR REALTY , 941-639-8500
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