4387 SIBLEY BAY STREET #1-10
| Bedrooms | 2 |
|---|---|
| Bathrooms | 1 full |
| Living area | 7,700 Sq. Ft. |
| Total area | 8,700 Sq. Ft. |
| Year built | 1978 |
| Lot size | 0.68 acres (29,413 Sq. Ft.) |
| Lot dimensions | 275x107 |
| Stories | 1 |
| Private pool | Yes |
| Flood zone | 10AE |
| Subdivision | SEWARD ADD CHAR HRBR |
| Days on market | 0 |
| MLS number | MFRTB8554675 |
Property taxes: $18,870 (2025) is the current owner's bill. In Florida the bill usually goes up after a sale, when the homestead cap and exemption go away. See what yours would be.
About this home
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.
Features
| Interior | Ninguno |
|---|---|
| Appliances | Microwave, Refrigerator |
| Flooring | Carpet, Ceramic Tile |
| Laundry | Common Area |
| Windows | Aluminum Frames, Blinds |
| Exterior | Lighting |
| Pool | In Ground |
| Construction | Block, Stucco |
| Roof | Shingle |
| Foundation | Stem Wall |
| Levels | One |
| Faces | North |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Electricity Available, Phone Available, Public, Water Connected |
| Sewer | Public Sewer |
| Water | Public |
| Community | Pool |
| HOA fee includes | None |
| Furnished | Unfurnished |
| Sale conditions | None |
| County | Charlotte |
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Listing courtesy of SELLSTATE COASTAL REALTY, 813-940-0101 (Eriola Goldman). Stellar MLS via MLS GRID.
Listings courtesy of Stellar MLS as distributed by MLS GRID. Information is deemed reliable but is not guaranteed accurate by Stellar MLS, MLS GRID, or Putnam Realty Group, and should be independently verified. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties may be listed by brokerages other than Putnam Realty Group. To report an inaccuracy, contact Michael Putnam at 941-662-9941 or [email protected].