521 & 520 Drury Ln

Punta Gorda, FL 33950 View Map $1,500,000 Schedule a Tour
Sq.Ft.4,794
Year1956
Allan Nielsen

Allan Nielsen

Lic. Real Estate Broker, Realtor®, LCAM
(941) 258-1904
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Status: Active
Property Type:Multi-Family
MLS #:C7437749
Sq. Feet:4,794
On Site:149 Days
Lot Size:75,571 Sq. Ft.
County:Charlotte
WELCOME TO CABANA JOE'S the best kept secret in all of Punta Gorda. Providing guests daily and short term stays, this incredible estate is truly one of a kind. Spanning over 1.7 acres, Cabana Joe's offers three separate buildings with room to expand the already diverse property. Designed with resort style amenities, features and atmosphere, this exceptionally established income producing property combines for a total of 10 rental units with 9 individually named cabanas and an RV. In addition to each cabana (one & two bedroom units) having their own kitchenette, bathroom, laundry space, living area and theme, many have their own private decks with hot tubs. Guests are fully submerged into the Florida vacation lifestyle with countless conveniences including a massive heated pool with waterfall, grotto style spa, volleyball court, margarita bar, tropical wooded breezeways, picnic pavilion, gym, video library, firepit, parklike common areas, three community hot tubs, cookout station, hammock section, arcade games, full pool bathroom, reptile exhibit, koi pond, free bikes/kayaks rentals and vibrant color schemes incorporated throughout. Each cabana has its own unique style with all the luxuries needed for guests to comfortably enjoy their stay, featuring flatscreen TV's with cable, free WiFi, appliances, cookware, furnishings and linens. Completely remodeled from 2015-2016, Cabana Joe's is 100% turnkey encompassing everything needed including the 4.8 star Google rating to continue orchestrating this thriving business. Since conception gross revenues have continued to climb year in and year out with continued repeat customers. In 2020 utilizing Airbnb, VRBO and call-in bookings the gross revenue exceeded $130,000 with minimal expenses due to newer energy efficient units, onsite staff and minimized operating costs. Extensive opportunities are available to expand into additional rental facilities, storage space or income producing uses utilizing the connected acre of cleared land zoned OMI with ability to be subdivided. Centrally located across from the famous Fat Point Brewery, Cabana Joe's is 1.2 miles off of the interstate and 1.5 miles from downtown Punta Gorda offering fine dining, nightlife, Harbor views, walking trails and shopping. Punta Gorda airport is less than 3 miles from the resort providing convenience and extremely affordable travel arrangements. Inventory list, P&L report, confirmed bookings and additional pictures/details available.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:521 & 520 Drury Ln Punta Gorda, FL 33950
County:Charlotte
Subdivision:Pineapple Centre
Zip Code:33950

School Information

High School:Charlotte High
Middle School:Punta Gorda Middle
Elementary School:East Elementary

Architecture

Year Built:1956
Stories:1
Construction Materials: Block, Concrete, Log, Stucco, Wood Frame, Wood Siding
Construction Status: Completed
Flooring Types: Ceramic Tile, Concrete, Tile, Vinyl
Roof: Built-Up, Shingle
Foundation: Slab
Parking Features: Common, Driveway, Ground Level, Guest, Off Street, Oversized, Parking Pad

Features / Amenities

Total Sq. Ft.:4794
Interior Features: Built in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Downstairs, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Fireplace Features: Decorative
Flooring: Ceramic Tile, Concrete, Tile, Vinyl
Laundry: Inside, Laundry Closet
Spa: Heated, In Ground
Furnished: Turnkey
Additional Rooms: Family Room, Inside Utility
Exterior Features: Fence, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sidewalk, Storage
Patio And Porch: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Wrap Around
Screened Patio / Porch / Deck: Yes
Pool: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Screen Enclosure
Other Structures: Cabana, Finished RV Port, Outdoor Kitchen, Storage
Spa: Heated, In Ground
Parking: Common, Driveway, Ground Level, Guest, Off Street, Oversized, Parking Pad
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Wall Units / Window Unit
Air Conditioning: Central Air, Wall/Window Unit(s)
Fireplace(s): Decorative

Property Features

Lot Size: 1.73 Acres / 75,571 Sq. Ft.
Lot Features: FloodZone, Near Public Transit, Oversized Lot, Street Dead-End, Paved
View: Pool, Trees/Woods
Waterfront Feet: 0
Lot #: 7
Flood Zone: AE
Utilities: Cable Connected, Electricity Connected, Public, Water Connected
Sewer: Septic Tank
Water: Public
Road Surface: Asphalt, Paved
Zoning:OMI
Directions:I-75 South. West on SR 17. Right on Marlympia Way. Right on Marion Ave. Right on Drury Lane.

Tax and Financial Info

Tax Year: 2020
Tax Annual Amount: $12,013
Ownership: Fee Simple
Homestead: No
Total Annual Fees: $0
Minimum Lease: No Minimum

Schools

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521 & 520 Drury Ln Punta Gorda, FL 33950
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521 & 520 Drury Ln Punta Gorda, FL 33950
 
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Listing Information Last Updated 6/20/2021
Listing provided courtesy of RE/MAX Palm Realty.
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