$403,500
SOLD JUN 23, 2025

27075 Washington St Port Charlotte, FL 33983

4 Beds
4 Baths
2,104 Sq Ft
9,999 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

5% Below List Price

20 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Eat-In Kitchen

About This Home

As of June 2025

Turnkey Duplex – Cash Flowing Investment in Rapidly Growing Punta Gorda!

Investor alert! This 2023-built concrete block duplex is fully leased and generating strong income, offering a low-maintenance, investment property in a thriving Florida market. Each unit spans 1,048 sq ft and includes 2 bedrooms, 2 bathrooms, and an open floor plan with 5 total rooms. Modern conveniences abound—refrigerator, electric range, microwave, dishwasher, garbage disposal, central A/C, and in-unit laundry hookups.

Tenants enjoy a quiet, open backyard and convenient access to the Peace River, while being just minutes from vibrant downtown Punta Gorda. Situated outside the flood zone with city water, electric utilities, water softener and septic, this property is as practical as it is profitable.

Both units are leased through March 2026 to long-term tenants. 2024 gross rental income totaled $42,695, with low annual expenses: insurance at $1,280.19, taxes at $7,629.61, and professional management

Located squarely in the path of progress, this duplex is perfect for investors seeking immediate cash flow and long-term appreciation. Don’t miss this opportunity!

Last Agent to Sell the Property

Tim Aragon

MELENDY REAL ESTATE Brokerage Phone: 727-657-8912 License #3542471 Listed on: 05/08/2025

Last Buyer's Agent

Elizabeth Wiggins

TREND REALTY License #3479425

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,948

Year Built

  • Built in 2023

Lot Details

  • 9,999 Sq Ft Lot
  • Irrigation Equipment

Parking

  • 1 Car Attached Garage
  • 1 Parking Garage Space
  • Ground Level Parking
  • Garage Door Opener
  • On-Street Parking

Home Design

  • 2,104 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank
  • Cable TV Available

Additional Features

  • Eat-In Kitchen
  • Electric Dryer Hookup
  • Private Mailbox

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Harbour Heights Community
  • Hrbr Heights Subdivision

Building Details

  • Operating Expense $10,000
  • Gross Income $42,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,948

Year Built

Built in 2023

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2104
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2023
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 9999
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: Head east on Harbor View Rd toward Guava St 2.4 mi Turn left onto Highlands Rd 0.2 mi Turn right onto Rushmore Ave 325 ft Turn left at the 1st cross street onto Sulstone Dr 0.6 mi Turn right onto Washington St Destination will be on the right
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Belleair
  • Escrow Postal Code: 33770
  • Escrow State: FL
  • Escrow Street Name: West Bay Drive
  • Escrow Street Number: 2814
  • List Office Head Office Key Nume: 513532055
  • RATIO Current Price By Calculate: 191.78
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_DockYN: 0
  • Attribution Contact: 727-657-8912
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Eat-in Kitchen, Primary Bedroom Main Floor, Thermostat
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Other Equipment: Irrigation Equipment
  • Street Number Modifier: 27071/ 27075
  • Living Area Meters: 195.47

Exterior Features

  • Exterior Features: Private Mailbox, Sidewalk
  • 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
  • Parking Features: Curb Parking, Garage Door Opener, Ground Level
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Fee Information

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

Lot Info

  • Zoning: RMF10
  • Parcel Number: 402315158005
  • Additional Parcels: No
  • Flood Zone Code: x
  • Lot Size Square Meters: 929

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 3540
  • Lease Restrictions YN: 0

Multi Family

  • Gross Income: 42480
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2
  • Est Annual Market Income: 33000.00

Tax Info

  • Tax Annual Amount: 7947.51
  • Tax Block: 4
  • Tax Book Number: 3-73B
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jun 23, 2025
Sold by
Woolston Larissa K
Bought by
Sunshine & Karma Llc
Seller's Agent
Tim Aragon
MELENDY REAL ESTATE
Buyer's Agent
Elizabeth Wiggins
TREND REALTY
List Price
$425,000
Sold Price
$403,500
Premium/Discount to List
-$21,500
-5.06%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.50%

Purchase Details

Closed on
Mar 3, 2023
Sold by
Si Homes Rcl Llc
Bought by
Woolston Larissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,925
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2022
Sold by
Southern Impression Homes Llc
Bought by
Si Homes Rcl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2020
Sold by
Vdllm Inc
Bought by
Southern Impression Homes Llc

Purchase Details

Closed on
Jul 12, 2005
Sold by
Highlands Sunshine Properties Inc
Bought by
Florida Econoland Specialist Inc

Purchase Details

Closed on
Jun 14, 2005
Sold by
Melvin Robert C and Melvin Virginia A
Bought by
Highlands Sunshine Properties Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $403,500 Fidelity National Title
Special Warranty Deed $375,900 Anchor Title
Warranty Deed -- New Title Company Name
Warranty Deed $291,000 Townsend Title Ins Agcy Llc
Warranty Deed $22,500 Gulf Breeze Title Insurance
Warranty Deed $8,500 Safetitle Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $281,925 New Conventional
Previous Owner $20,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $403,500 -5.1% $192 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $425,000 -- $202 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $675 $399,078 $20,060 $379,018
2023 $675 $6,623 $0 $0
2022 $653 $12,240 $12,240 $0
2021 $607 $5,474 $5,474 $0
2020 $550 $3,332 $3,332 $0
2019 $546 $3,332 $3,332 $0
2018 $537 $2,975 $2,975 $0
2017 $525 $1,785 $1,785 $0
2016 $522 $1,403 $0 $0
2015 $518 $1,275 $0 $0
2014 $253 $1,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8383259

Stellar MLS

APN: 402315158005