• 4 Units
• 3,072 Sq Ft
• 9,576 Sq Ft
• Unknown Cap Rate

Description

Welcome to your DREAM INVESTMENT in Cape Haze Placida, Englewood! This Double Duplex (Quadplex) offers 4 tropical apartments with a total of 6 bedroom/4.5 baths and strong rental income! It is Zoned Commercial (CG), but grandfathered Residential, so the opportunities of what can be done with the property are endless! Rent EITHER long term or short term! 6 Off-Street Parking spaces. Visitors will love the tropical atmosphere throughout! A two-story Tiki Hut connects the two buildings and offers a relaxing covered outdoor experience. All Tiki structures were built in 2019. Most of the interiors were updated in 2018/2019. There are TWO 2 bedroom apartments and TWO 1 bedroom apartments that have similar layouts and furnishings plus an incredible amount of common space. Each unit has its own private outdoor hot tub, located in exclusive areas around the well landscaped lot. Guests will enjoy the variety of fruit trees, palms, BBQ area, sitting areas and incredible lighting at night! Owners will appreciate the lack of maintenance required due to the weed barrier and lime-rock. As you step inside each unit, you'll be greeted by an open floor plan that seamlessly blends indoor and outdoor living. The large kitchens are a chef’s delight with stainless steel appliances and plenty of countertop space/cabinets. Units are fully furnished with Central AC. There are PGT hurricane impact windows (tinted) and shutters, plus a separate laundry room with two commercial washers and two dryers (bought last year). Also a separate half bathroom for guests to use when outside. This one-of-a-kind property could either be used as a tropical vacation rental property, as a seasonal second home, or run it fully commercial. Seller is including all furnishings, 4 jacuzzi’s, property website, plus short term rental property pages e.g. VRBO & Google Maps with lots of five star reviews. 2 units can be combined and rented together to one party as a 3 bedroom/2 bath, or the entire complex can be rented to one party as a 6 bed/4 bath. One of the commercial signs on the street advertising the property is also included in purchase. AREA: The location is incredible! Pura Vida is conveniently located near beautiful sandy beaches, including Boca Grande, Little Gasparilla Island, Don Pedro Island (Palm Island) and Manasota Key (Englewood Beach). The Cape Haze Aquatic Preserve, known for its rich biodiversity, provides the perfect backdrop for kayaking, fishing, and wildlife observation. Just across the street is Palm Harbor Marina (Loggerhead), Marine Max and Cape Haze Marina. Nearby beaches include: Boca Grande, Palm Island or Englewood beach! Visitors can walk to the Palm Island ferry and the water taxi. Other fun options include: Shopping, great restaurants and numerous golf courses, Also easy access to the Gulf and the stunning waters of Lemon Bay and Boca Grande. Whether you’re looking to relax in nature or engage in exciting recreational pursuits, Cape Haze, Placida, Englewood truly has something for everyone, embodying the quintessential Florida lifestyle. There is an address for each of the 4 units: 7035, 7037, 7039 and 7041 Placida Rd. Seller has recently passed 4 point inspection. No flood claims with current owner. Units currently rented short term. Guests are currently staying at the property. Contact the agent for all showings.