4387 SIBLEY BAY STREET Unit# 1-10, Port Charlotte, Florida, 33980

Listed by SELLSTATE COASTAL REALTY, Eriola Goldman, 239-464-2510, eri@pegasusgroupus.com
$1,200,000
7,700 Sqft
0.68 Acres
2 bd
1 ba
#TB8554675
Excellent investment opportunity in the Punta Gorda/Port Charlotte area! This 10-unit multifamily property offers a strong combination of current income and value-add potential. The property features a mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, with several units already renovated and others partially updated, providing an opportunity for continued improvements and future rent growth. Currently, 7 units are income-producing, while the on-site superintendent occupies one unit and assists with property maintenance. The superintendent’s current lease expires December 2026, giving the new owner flexibility with future operations. Two 1BR/1BA units have been fully renovated, seven units are semi-renovated, and one 1BR/1BA unit remains unrenovated, creating additional upside potential. Conveniently located near shopping, dining, major roadways, and the growing Punta Gorda/Port Charlotte market. An attractive opportunity for an investor looking to acquire a 10-unit multifamily asset with existing cash flow, operational flexibility, and room to increase value through continued renovations and rental optimization. Financial information available upon request. Please do not disturb tenants.

PROPERTY FEATURES

  • Utilities : Electricity Available, Phone Available, Public, Water Connected
  • Water Access : 0
  • Sewer : Public Sewer
  • Road Surface Type : Paved
  • Zoning : CHNBR
PROPERTY DETAILS
ID: TB8554675
Status: Pending Sale
Price: $1,200,000
Acres: 0.68 Acres
Price Per Acre: $1,764,706
Type: Other
Address: 4387 SIBLEY BAY STREET Unit# 1-10
City, State: Port Charlotte, Florida
County: Charlotte
Zip Code: 33980
Lat/Long: 26.960871, -82.073886
Presented By: Eriola Goldman
Phone: 239-464-2510
Email: Click to Contact
Agent
Eriola Goldman