Views - Eco Friendly
Address
521 & 520 DRURY LANE Punta Gorda, FL
Price
$ 1,500,000
Property Attributes
  • MLS#C7437749
  • TypeIncome
  • CountyCHARLOTTE
  • CityPunta Gorda
  • AreaPunta Gorda
  • NeighborhoodPINEAPPLE CENTRE
  • Zip33950
  • StyleMulti-Family
  • Year Built1956
  • Taxes$ 12013
  • Price$ 1,500,000
  • Bedrooms14
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage4794
  • Lot Size1.73 Acres
Listing Provided Courtesy Of:
RE/MAX PALM REALTY
Data Source:
Stellar MLS
Property Description

WELCOME TO CABANA JOE’S the best kept secret in all of Punta Gorda. Providing guests daily and short term stays, this incredible estate is truly one of a kind. Spanning over 1.7 acres, Cabana Joe’s offers three separate buildings with room to expand the already diverse property. Designed with resort style amenities, features and atmosphere, this exceptionally established income producing property combines for a total of 10 rental units with 9 individually named cabanas and an RV. In addition to each cabana (one & two bedroom units) having their own kitchenette, bathroom, laundry space, living area and theme, many have their own private decks with hot tubs. Guests are fully submerged into the Florida vacation lifestyle with countless conveniences including a massive heated pool with waterfall, grotto style spa, volleyball court, margarita bar, tropical wooded breezeways, picnic pavilion, gym, video library, firepit, parklike common areas, three community hot tubs, cookout station, hammock section, arcade games, full pool bathroom, reptile exhibit, koi pond, free bikes/kayaks rentals and vibrant color schemes incorporated throughout. Each cabana has its own unique style with all the luxuries needed for guests to comfortably enjoy their stay, featuring flatscreen TV’s with cable, free WiFi, appliances, cookware, furnishings and linens. Completely remodeled from 2015-2016, Cabana Joe’s is 100% turnkey encompassing everything needed including the 4.8 star Google rating to continue orchestrating this thriving business. Since conception gross revenues have continued to climb year in and year out with continued repeat customers. In 2020 utilizing Airbnb, VRBO and call-in bookings the gross revenue exceeded $130,000 with minimal expenses due to newer energy efficient units, onsite staff and minimized operating costs. Extensive opportunities are available to expand into additional rental facilities, storage space or income producing uses utilizing the connected acre of cleared land zoned OMI with ability to be subdivided. Centrally located across from the famous Fat Point Brewery, Cabana Joe’s is 1.2 miles off of the interstate and 1.5 miles from downtown Punta Gorda offering fine dining, nightlife, Harbor views, walking trails and shopping. Punta Gorda airport is less than 3 miles from the resort providing convenience and extremely affordable travel arrangements. Inventory list, P&L report, confirmed bookings and additional pictures/details available.

Elementary School Middle School High School
East Elementary Punta Gorda Middle Charlotte High
Price History
10/1/2021 Listed $1,500,000

General Features

Additional Parcels Y/N Yes
Appliances Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Association Y/N No
Building Area Units Square Feet
Carport Y/N No
City PUNTA GORDA
Construction Materials Block, Concrete, Log, Stucco, Wood Frame, Wood Siding
Cooling Central Air, Wall/Window Unit(s)
County Charlotte
Days on Market 351
Directions I-75 South. West on SR 17. Right on Marlympia Way. Right on Marion Ave. Right on Drury Lane.
Elementary School East Elementary
Exterior Features Fence, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sidewalk, Storage
Flooring Ceramic Tile, Concrete, Tile, Vinyl
Garage Y/N No
Grossincome 135000
Heating Central, Wall Units / Window Unit
High School Charlotte High
Interior Features Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
Levels One
Lot Size Square Feet 75571
MLS Area 33950 - Punta Gorda
Middle/Junior High School Punta Gorda Middle
New Construction No
Other Structures Cabana, Finished RV Port, Outdoor Kitchen, Storage
Ownership Fee Simple
Patio/Porch Features Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Wrap Around
Pool Features Gunite, Heated, In Ground, Lighting, Outside Bath Access, Screen Enclosure
Private Pool Yes
Property Attached Y/N Yes
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Completed
Roof Built-Up, Shingle
Security Features Closed Circuit Camera(s), Security Fencing/Lighting/Alarms, Smoke Detector(s)
Senior Community Y/N No
Sewer Septic Tank
Spa Features Heated, In Ground
Standard Status Active
Status Active
Street Name DRURY
Subdivision Name PINEAPPLE CENTRE
Tax Annual Amount 12013.21
Tax Lot 7
Tax Year 2020
Total Number of Buildings 3
Total Units 10
Township 41S
Unit Count 2
Utilities Cable Connected, Electricity Connected, Public, Water Connected
View Pool, Trees/Woods
Virtual Tour https://youtu.be/CXz8wWaLn-E
Virtual Tour https://youtu.be/CXz8wWaLn-E
Water Access YN No
Year Built 1956
Zoning OMI

Interior Features

Additional Rooms Family Room, Inside Utility
Fireplace Features Decorative
Fireplace Y/N Yes
Flood Zone Code Zone AE
Furnished Y/N Turnkey
Laundry Features Inside, Laundry Closet
Living Area 4794
Living Area Units Square Feet
Livingareasource Public Records
Street Suffix LANE

Exterior Features

Building Area Total 6772
Foundation Details Slab
Lot Features FloodZone, Near Public Transit, Oversized Lot, Street Dead-End, Paved
Lot Size Acres 1.73
Number of Lots 2
Parking Features Common, Driveway, Ground Level, Guest, Off Street, Oversized, Parking Pad
Road Surface Type Asphalt, Paved
Spa Yes
Water Extras YN No
Water Source Public
Water View YN No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33950

Price
AVG $950K
$1.5M
Taxes
AVG $7,220
$12,013
Visits
AVG 264
599
Year Built
AVG 1983
1956

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