Port Charlotte, FL 33980,4387 SIBLEY BAY ST
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Port Charlotte, FL 33980,4387 SIBLEY BAY ST
Port Charlotte, FL 33980,4387 SIBLEY BAY ST
Port Charlotte, FL 33980,4387 SIBLEY BAY ST
Port Charlotte, FL 33980,4387 SIBLEY BAY ST

$1,125,000

Est. payment /mo

$1,195,000

5.9%
Est.Price: ?

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4387 SIBLEY BAY ST Port Charlotte, FL 33980

7,700 SqFt

SOLD DATE : 02/08/2023

Key Details

Sold Price $1,125,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,700 sqft

Price per Sqft $146

Subdivision Seward Add Char Hrbr

MLS Listing ID C7469386

Sold Date 02/08/23

Construction Status No Contingency

HOA Y/N No

Originating Board Stellar MLS

Year Built 1978

Annual Tax Amount $15,733

Lot Size 0.680 Acres

Acres 0.68

Lot Dimensions 275x107

Property Description

TERRIFIC STEADY INCOME GENERATOR! 10 unit apartment complex consisting of 8 one-bedroom units (approx. 750 SF) and 2 two-bedroom units (approx. 850 SF). Central swimming pool, completely refurbished in 2017. Two income-producing laundry rooms, with 3 of 4 coin-op machines brand new in 2021. WALKING DISTANCE to the new Sunseeker Resort! When Sunseeker opens, these apartments will be an ideal, convenient home for employees. Vacancies are already rare and easily filled, due to a severe shortage of smaller apartments in the area. Rents are currently below-market with plenty of upside. NEW ROOF completed since Hurricane Ian! Storm damage to roof was very minor with no leaks, but entire roof was replaced due to age. Screened enclosures (patios and pool) are still being repaired since the storm, so old photos are being used temporarily. Listing agent is owner/manager. 5 units left of pool are listed by USPS as 4387 Sibley Bay St., Apts A-E, Port Charlotte 33980. 5 units right of pool are listed by USPS as 4390 Jackson St., Apts A-E, Punta Gorda 33980. (In reality, the complex is fully contained within Charlotte Harbor, which has no post office.) Lot dimensions are estimated, buyer to verify information.

Location

State FL

County Charlotte

Community Seward Add Char Hrbr

Zoning CHNBR

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Appliance Microwave, Refrigerator

Exterior

Garage Parking Spaces - 19 to 30

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected

Waterfront false

Roof Type Shingle

Building

Lot Description FloodZone, Street Lights, Paved

Story 1

Entry Level One

Foundation Stem Wall

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block, Stucco

New Construction false

Construction Status No Contingency

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by SWOYER REALTY LLC
Bought with SWOYER REALTY LLC

Cabot Brown

Principal Agent | License ID: SL3285499

+1(813) 215-7493

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