NOT LISTED FOR SALE
10 Beds
10 Baths
7,150 Sq Ft
67.23 Acre Lot

Sale Details

Date Sold: October 15, 2025

Last sale price $1,335,000 $187 Per Sq Ft

114 Days on Market

Highlights

  • 67.23 Acre Lot
  • Main Floor Primary Bedroom
  • Family Room Off Kitchen
  • Open Floorplan
  • No HOA
  • Outdoor Grill

About This Home

As of October 2025

Welcome to your Punta Paradise investment. We purchased this property in October 2022 when it had not been updated since its original construction. Property Performance: - Annual income Total reviews: 500+ - Average rating: 4.9 stars -Cap rate 10 We conducted a comprehensive remodel of the entire property, including significant upgrades to each unit: Unit Upgrades: - New roofs - New windows - New doors - New tile floors - New bathroom vanities - New showers - New cabinets and countertops - New appliances - Updated artwork and furniture We also completely redesigned the landscaping throughout the property, transforming this once underperforming asset into an exceptional rental investment. Property Performance: - Annual income -Total reviews: 500+ - Average rating: 4.9 stars -Cap rate 10 Property Details: - 11 units, each approximately 650 square feet All with 1 bedroom, 1 bath, livingroom, dining room, kitchen on the water. - Located on over 2.5 acres of waterfront property along Shell Creek - Amenities include docks, canoes, and kayaks for guests to enjoy fishing and scenery Operational Efficiency: The entire property is managed through Hostaway, a comprehensive software solution - Automatically adjusts pricing based on demand - - Generates unique door access codes for each stay This property represents a great investment with professional management and a cleaning crew to handle any potential issues, making it an great low-maintenance revenue generator

Last Agent to Sell the Property

Steven Koleno

BEYCOME OF FLORIDA LLC Brokerage Phone: 804-656-5007 License #3469487 Listed on: 04/09/2025

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,060

Year Built

  • Built in 1978

Lot Details

  • 67.23 Acre Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 7,150 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom on Main
  • 10 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox

Utilities

  • Mini Split Air Conditioners
  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 11 Units
  • Other No Subdivision Community

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 402324401001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,060

Year Built

Built in 1978

Lot Details

67.23 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 7150
  • Lot Size Acres: 67.23
  • New Construction: No
  • Year Built: 1978
  • Lot Size Sq Ft: 2928538
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 186.71
  • Total Acreage: 50 to less than 100
  • Water Access YN: 0
  • Attribution Contact: 804-656-5007
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor
  • Foundation Details: Slab
  • Total Bedrooms: 10
  • Living Area Meters: 664.26

Exterior Features

  • Exterior Features: Lighting, Other, Outdoor Grill, Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available, Electricity Connected
  • Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
  • Heating: Electric, Ductless
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: MP
  • Parcel Number: 402324401001
  • Additional Parcels: No
  • Lot Dimensions: x200
  • Flood Zone Code: VE

Multi Family

  • Number Of Units Total: 11
  • Total Num Buildings: 1
  • Unit Count: 10

Tax Info

  • Tax Annual Amount: 13060
  • Tax Lot: 9

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Sold $1,335,000 -1.1% $187 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $1,350,000 -9.7% $189 / Sq Ft
04/09/2025 04/09/25 For Sale $1,495,000 -- $209 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $685 $685
2023 $0 $21 $0 $0
2022 $0 $685 $685 $0
2021 $0 $685 $685 $0
2020 $0 $685 $685 $0
2019 $0 $685 $685 $0
2018 $0 $685 $685 $0
2017 $0 $685 $685 $0
2016 -- $11 $0 $0
2015 -- $10 $0 $0
2014 -- $10 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: O6298244

Stellar MLS

APN: 402324401001

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