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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,818 sqft
Price per Sqft $183
Subdivision Rotonda West Oakland Hills
MLS Listing ID D6121491
Sold Date 01/28/22
Construction Status No Contingency
HOA Fees $31/ann
HOA Y/N Yes
Year Built 1987
Annual Tax Amount $7,173
Lot Size 0.660 Acres
Acres 0.66
Property Description
Rare waterfront 4 plex in Rotonda West. All units are 2 beds, 2 bath on a double lot which you may be able to build another building on (see zoning calculation attachment). The Rotonda West community is highly sought after by Seniors, vacationers, snowbirds and folks who just want a nice quiet community to live in. The Rotonda HOA has no lease restrictions, so it is perfect for VRBO/Air B&B or long term. Rotonda West has 5 golf courses to choose from and many wandering freshwater canals. This 4 Plex is perfect for the investor as 2 units are at market value having just been remodeled. There may be room to increase your NOI by an additional $ 20,400 (does not include building another unit) . Purchase this 4 plex and the tri-plex at 1605 Morning Dove for additional savings.
Location
State FL
County Charlotte
Community Rotonda West Oakland Hills
Zoning RMF15
Interior
Interior Features Split Bedroom
Heating Electric
Cooling Central Air
Flooring Ceramic Tile, Vinyl, Wood
Fireplace false
Exterior
Exterior Feature Balcony
Utilities Available Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Water Connected
Waterfront true
Waterfront Description Canal - Freshwater
View Y/N 1
View Trees/Woods, Water
Roof Type Shingle
Porch Covered, Deck, Enclosed, Screened
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone, Level, Near Golf Course, Oversized Lot, Paved
Entry Level Two
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Vineland Elementary
Middle Schools L.A. Ainger Middle
High Schools Lemon Bay High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $31
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KW PEACE RIVER PARTNERS
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