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Sold on 05/29/2015
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1222 Oceanic Rd, Punta Gorda, FL 33983

  • $438,000

    Last sold 05/29/2015 for $161K

  • —

    bed

  • —

    bath

  • 1,792

    Sqft ($90/Sqft)

Multi-family not for sale
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About 1222 Oceanic Rd

Property type Multi-family
Neighborhood
Year built 2001
HOA fee $15/month
Lot size 0.46 Acre
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
INVESTORS! This is a portfolio of locations. 1177 Highlands Rd., 1193 Oceanic Rd., 1203 Oceanic Rd., 1194 Navigator Rd., Punta Gorda, FL 33983. All properties are within a short distance from one another. Located in quiet Deep Creek, and a short commute to shopping and I-75. Take advantage of these five newer construction, low maintenance, income producing duplexes. 100% rented. Can expect a 7% - 7 1/2% cap rate with room to grow to 9% - 9 1/2%. Offered as a portfolio for $899,000.00, MLS #N5784440
Listed by
Listing Agent - Kyle Tenbusch
Listing Office - GENEROUS PROPERTY
Source: Stellar MLS mls logo
MLS#N5784708 • last updated 10 years ago
Movoto checked Stellar MLS for data 13 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Type Residential Income
SubType Duplex
Status Sold
MLS # N5784708
SqFt 1792
Lot Size (Acres) 0.46
Total Acreage 1/4 Acre To 21779 Sq. Ft.
Lot Size (SqFt) 20003
Property Tax 2527
Monthly HOA Amount 14.58
Year Built 2001
HOA Fee 175, Annually
Interior
Exterior
Roof Shingle
Garage Dimensions (ft.) 18x22
# Garage Spaces 1
Future Land Use 800
Lot Desc Street Paved
Amenities / Utilities
Utilities Desc Electricity Connected
Sewer Public Sewer
Location
County Charlotte
Subdivision PUNTA GORDA ISLES SEC 23
APN 402309281004
Zoning RMF15
Multifamily Details
Total # of Units 2
$438K
Range: $385K-$490K
Last 30 days 
Rental est.: $1,503/month
Gross rent multiplier: 9.9 - Good
  • May 2015
    mls logo MLS # N5784708
  • May 31, 2015 Sold
    $161,250
  • Oct 15, 2014 Price Change
    $179,000 (-10.4%)
  • May 22, 2014 Listed
    $199,800
  • May 2015
    mls logo MLS # N5784440
  • May 30, 2015 Sold
    $161,250 (-9.9%)
  • Apr 29, 2014 Listed
    $199,800
  • 1222 Oceanic Rd
    $161K
  • Punta Gorda Isles Sec 23
    —
  • 33983
    $349K -3% y/y
  • Punta Gorda
    $389K -4% y/y
No chart available
Statistics calculated by Movoto

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6/10
Deep Creek Elementary School
public Grades PK, K-5
Charlotte
4/10
Punta Gorda Middle School
public Grades 6-8
Charlotte
5/10
Charlotte High School
public Grades 9-12
Charlotte
Source: GreatSchools.org © 2026. All rights reserved.

Around Punta Gorda Isles Sec 23

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