25452 Shore Drive Unit 7, Punta Gorda, FL 33950

$925,000
3,956
SqFt

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List Price
$925,000
Status
Active
Days on Market
0
MLS#
C7532310
Property Style
Duplex
Year Built
1954
Living Area
3,956
Lot Size
40,000
Acres
0.92
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Solona
Community Name
Solana
MLS Area Major
Punta Gorda

Property Description

RARE MYAKKA RIVER WATERFRONT OPPORTUNITY – INCREDIBLE INVESTMENT OR DREAM HOME POTENTIAL! Bring your vision to this unique waterfront property offering endless possibilities along the beautiful Myakka River! Although extensively damaged by hurricanes, this property presents an exceptional opportunity for investors looking to restore a potentially income-producing property or buyers dreaming of creating their own private waterfront paradise. The property features a main residence with 2 bedrooms, 2 bathrooms, a 2-car garage, bonus room, and swimming pool overlooking the breathtaking Myakka River. In addition to the main home, there are THREE separate buildings containing a total of SIX rental units. Building 1 consists of two studio apartments. Building 2 offers two 1-bedroom, 1-bathroom apartments, each with its own carport. Building 3 features two additional 1-bedroom, 1-bathroom apartments with more spacious layouts. TWO EXCITING POSSIBILITIES! Refurbish the existing structures and potentially transform this waterfront property into an outstanding income-producing investment with multiple rental units. OR, start fresh! Demolish the existing structures and explore the possibility of building your spectacular dream home directly on the Myakka River, where you can enjoy beautiful water views and the tranquility of waterfront living. One of the property's standout features is its EXTREMELY LONG DOCK, WHICH REMAINS IN GREAT CONDITION, offering a tremendous advantage for boating enthusiasts and those who appreciate the waterfront lifestyle. IMPORTANT DISCLOSURE: This property sustained extensive hurricane damage and is being sold strictly AS IS, in its current condition. Structures may be unsafe and may contain hazardous materials or environmental concerns. Buyers must independently verify zoning, permitted uses, structural conditions, dock condition, demolition requirements, and all rebuilding or redevelopment possibilities with the appropriate authorities. All individuals must sign a Hold Harmless Document prior to entering the property. OPPORTUNITIES LIKE THIS ON THE MYAKKA RIVER ARE HARD TO FIND! Whether your vision is to restore a waterfront income property or create a one-of-a-kind riverfront dream home, this property offers an extraordinary setting and exciting possibilities. BRING YOUR IMAGINATION AND MAKE THIS WATERFRONT OPPORTUNITY YOUR OWN! Seller's Flood Insurance Policy is transferable to the new owner.

Additional Information

Taxes
$7546
Community Features
No Deed Restriction
Zoning
RMF10
Interior Layout
Ninguno
Interior Features
Ninguno
Utilities
Cable Available, Electricity Available, Water Available
Heating
None
Air Conditioning
None
Exterior Construction
Block
Exterior Features
None
Roof
Shingle
Foundation
Slab
Pool
Private
Pool Type
In Ground
Garage Carport
2 Car Carport, 2 Car Garage
Garage Spaces
2
Elementary School
East Elementary
Middle School
Punta Gorda Middle
High School
Charlotte High
Water Name
Myakka River
Water Access
River
Water Frontage
River Front
Flood Zone Code
10AE
Parcel ID
402332476005
Legal Description
SOS 000 0002 0005 SOLONA BLK 2 TH E 1/2 LTS 5 & 8 & RIPARIAN RIGHTS 339/841 787/2187 1586/1645 1766/2032 2211/20 2972/1674 E4378/631 E4378/633 4378/632 RES4378/630

Listing courtesy of HARBORSIDE REALTY. 941-541-1001

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