$1,000,000

Estimated payment $6,576/month

Total Views 811
10 Beds
8 Baths
4,736 Sq Ft
$211 Price per Sq Ft

Highlights

  • 0.66 Acre Lot
  • Family Room Off Kitchen
  • Park
  • Open Floorplan
  • 4 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

Investment Opportunity: Quadplex in Rotonda West, Florida. This unique property features two adjoining duplexes, offering a rare investment opportunity in the desirable community of Rotonda West. Building 49 boasts two completely remodeled 3-bedroom, 2-bathroom units, each with a 1-car garage. These units have been meticulously renovated with high-quality finishes, new appliances, tile throughout, and luxurious bathrooms. The indoor laundry and attention to detail make these units stand out in the market. Building 51 consists of two 2-bedroom, 2-bathroom units, each with a 1-car garage. Notable updates include a 2023 roof, 2018 hot water heaters, and 2018 AC units. One of the units is currently rented to a reliable long-term tenant, providing immediate income. Both buildings are located on two separate 1/3-acre lots, each with its own deed, but they share a driveway. The option to combine the deeds provides potential for tax and insurance savings. Before a full remodel in 2024, the two buildings had identical floor plans and condition, making this a great example of the investment potential. Building 49 was transformed into a modern gem, demonstrating what’s possible with a little creativity and effort. Building 51 remains a prime candidate for similar updates, offering substantial upside for the right investor. With large lots that allow for the addition of a pool, this property offers the potential to create a resort-style living experience, appealing to both tenants and future buyers. Don’t miss out on this fantastic opportunity in a rapidly growing area. This quadplex is ready to deliver solid returns with the potential for further value growth.

Listing Agent

Traci Creighton

KELLER WILLIAMS ISLAND LIFE REAL ESTATE Brokerage Phone: 941-254-6467 License #3374207

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.66 Acre Lot
  • Additional Parcels

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 4,736 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • 4 Units
  • 5,936 Sq Ft Building
  • Rotonda West HOA
  • Rotonda West Oakland Hill Community
  • Rotonda West Subdivision

Recreation

  • Park

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $22,287
  • Gross Income $84,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$32 per month

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4736
  • Lot Size Acres: 0.66
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 5936
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 28806
  • Number Of Lots: 2
  • Directions to Property: From 776 turn south onto Placida Rd for 4 miles and then turn left onto Rotonda Blvd., turn right onto Boundary Blvd. for 1 mile and duplex will be on the Right
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 196189995
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 211.15
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Marina,Water Access
  • Attribution Contact: 941-254-6467
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 10
  • Street Number Modifier: 49 & 51
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 439.99

Exterior Features

  • Exterior Features: Other
  • 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: 4
  • Garage Yn: Yes
  • Garage Spaces: 1
  • Garage Spaces: 1
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park
  • Association Amenities: Park
  • Association Fee: 380
  • Association Fee Frequency: Annually
  • Association Name: Rotonda West HOA
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 380.00
  • Total Monthly Fees: 31.67
  • Monthly HOA Amount: 31.67

Schools

  • Elementary School: Vineland Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Parcel Number: 412027427009
  • Additional Parcels Description: 412027427010
  • Additional Parcels: Yes
  • Flood Zone Code: AE
  • Lot Size Square Meters: 2676

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 7000
  • Lease Restrictions YN: 0

Multi Family

  • Gross Income: 84000
  • Number Of Units Total: 4
  • Total Num Buildings: 2
  • Unit Count: 4
  • Total Monthly Expenses: 1857

Tax Info

  • Tax Annual Amount: 143969.56
  • Tax Lot: 1005

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2025 02/08/25 For Sale $1,000,000 -- $211 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: C7504424

Stellar MLS