About 1600 Cardinal Lane
Investors Paradise with this gem of a duplex, a two bed, two bath property, with an FDOT approved, direct access driveway, off of McCall. This building has two units with 1 bedroom and 1 bath in each unit and is currently being used for long-term rentals; and would easily convert to seasonal rentals. There has been continual preventative maintenance on the building, so everything is functioning very well. At present you can achieve approximately an 8% ROI Plus Equity, with plenty of room for value-add projects, to increase your revenues. This structure is located three short miles from the Manasota Key Beach and is surrounded by all manner of amenities. Currently both units are leased out with a one year term. One unit is a new tenant and other is a long term tenant. Duplex has a nice screened in shared patio and outdoor area for sitting, grilling, or just enjoying FL beautiful summer days. Call today for private showing
Features of 1600 Cardinal Lane
| MLS® # | A4595671 |
|---|---|
| Price | $349,900 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Square Footage | 1,550 |
| Acres | 0.21 |
| Year Built | 1969 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
| HOA Fees | $0 |
| Has CDD | N |
| Property Taxes | $4,198 |
Community Information
| Address | 1600 Cardinal Lane |
|---|---|
| Area | Englewood |
| Subdivision | BREEZEWOOD MANOR |
| City | ENGLEWOOD |
| County | Charlotte |
| State | FL |
| Zip Code | 34224 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Ceiling Fans(s) |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Private Mailbox |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
Additional Information
| Date Listed | January 17th, 2024 |
|---|---|
| Days on Market | 103 |
| Zoning | RMF15 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | HORIZON REALTY INTERNATIONAL |
|---|