$124,900
NEW CONSTRUCTION $40K PRICE DROP

Estimated payment $765/month

Total Views 2,500
6 Beds
4 Baths
2,822 Sq Ft
$44 Price per Sq Ft

Highlights

  • New Construction
  • 1 Car Attached Garage
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

Prime Investment Opportunity: Duplex Project in South Gulf Cove!
Seize this rare chance to complete a promising duplex project in the desirable South Gulf Cove community of Port Charlotte, Florida! This partially constructed duplex, consisting of two single-story, 3-bedroom, 2-bathroom units, each with a 1-car garage, living room, dining room, kitchen, and lanai, is primed for an investor or builder ready to take it to the finish line. With the heavy lifting already done—land cleared, concrete slab poured, and all plans and permits in place—this property is a blank canvas for your vision.
Current owner has over $220,000 invested and this property is now listed at an attractive $165,000, offering significant savings for the savvy investor. The previous contractor abandoned the project, but the seller has diligently resolved all permitting issues and cleared any liens, ensuring a clean slate for the new owner. This is a golden opportunity to capitalize on the growing demand for rental properties in this vibrant, waterfront community known for its proximity to Gulf beaches, boating, and amenities.
Perfect for a contractor, developer, or hands-on investor, this project allows you to control the build quality, finishes, and timeline to maximize returns. Complete the duplex to rent out both units for steady cash flow or sell the finished product for a potential profit in South Gulf Cove’s hot real estate market. All architectural plans and permits are included, streamlining the process to get you started immediately.
Don’t miss this chance to transform a solid foundation into a lucrative investment! Contact us today to explore this unique opportunity in Port Charlotte’s thriving South Gulf Cove neighborhood.

Listing Agent

Brian Shaefer

RE/MAX PALM REALTY OF VENICE Brokerage Phone: 941-451-2025 License #3373038 Listed on: 06/19/2025

RE/MAX PALM REALTY OF VENICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 2025 | New Construction

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Split Level Home
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,822 Sq Ft Home
  • Ceiling Fan
  • Laundry in Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Rain Gutters
  • 9,999 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3,970 Sq Ft Building
  • Port Charlotte Community
  • Port Charlotte Sec 085 Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$978

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2822
  • Lot Size Acres: 0.23
  • New Construction: Yes
  • Year Built: 2025
  • Building Area Total: 3970
  • Lot Size Sq Ft: 9999
  • Directions to Property: From 776 take Gasparilla rd to appleton turn left to first right on Redonda, to first left on Blythville, to first right on Port Everglades, lot is on the left.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1045793
  • RATIO Current Price By Calculate: 44.26
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-451-2025
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Multi/Split
  • Street Number Modifier: 10404
  • Living Area Meters: 262.17

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMF10
  • Parcel Number: 412129407007
  • Additional Parcels: No
  • Flood Zone Code: 8AE
  • Lot Size Square Meters: 929

Green Features

  • Green Verification Count: 0

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 977.65
  • Tax Block: 4623
  • Tax Book Number: 6-60
  • Tax Lot: 20

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $927 $43,775 $43,775 --
2023 $927 $39,525 $39,525 $0
2022 $681 $28,900 $28,900 $0
2021 $460 $8,500 $8,500 $0
2020 $415 $7,650 $7,650 $0
2019 $408 $7,650 $7,650 $0
2018 $417 $7,480 $7,480 $0
2017 $397 $5,270 $5,270 $0
2016 $388 $4,525 $0 $0
2015 $344 $4,114 $0 $0
2014 $325 $3,740 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $124,900 -24.3% $44 / Sq Ft
06/19/2025 06/19/25 For Sale $165,000 -55.4% $58 / Sq Ft
03/26/2021 03/26/21 Sold $370,000 -2.6% $148 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/19/2021 02/19/21 Price Changed $380,000 +5.6% $152 / Sq Ft
01/19/2021 01/19/21 Price Changed $360,000 +4.7% $144 / Sq Ft
11/23/2020 11/23/20 For Sale $344,000 -- $137 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 Private Client Title & Escrow
Warranty Deed $60,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Warranty Deed $21,900 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $10,400 Executive Title Ins Svcs Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $346,500 New Conventional
Previous Owner $58,500 Unknown
Source: Public Records

Source: Stellar MLS

MLS Number: N6139365

Stellar MLS

APN: 412129407007