$289,000
Property details
About this home
Great Investment Opportunity in Peace River Shores! Discover the exceptional income potential of this versatile concrete block duplex located at 322 Organ Street in Punta Gorda. Built in 1972 and offering approximately 1,598 square feet of total living space across two units (3 bedrooms and 2 bathrooms combined), this property is a turnkey addition to any rental portfolio with both sides currently rented and generating great rental numbers from day one. Each unit features a highly functional layout and comfortable living areas, ensuring consistent tenant appeal and a steady stream of immediate cash flow. The property sits on a generous 80 x 125 lot, providing ample parking space for tenants, as well as room for boats, RVs, or additional storage. Located in the highly desirable, boating-friendly Peace River Shores community, residents enjoy access to optional HOA amenities including a community boat ramp, dock, park, and clubhouse—offering quick and convenient access to the Peace River, Charlotte Harbor, and the Gulf of Mexico. Positioned just a short drive from historic downtown Punta Gorda, tenants or future owner-occupants will love the proximity to waterfront dining, shopping, farmers markets, and entertainment at Fishermen’s Village, along with seamless access to US-17, I-75, and the Punta Gorda Airport. Whether you are looking to expand your real estate portfolio with strong rental yields or capitalize on a growing Southwest Florida multi-family market, this duplex delivers incredible value and a prime location. Schedule your showing today!
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