29420 Bermont Rd, Punta Gorda, FL 33982

INCOME PRODUCING PROPERTY which currently has an annual estimated net income of $96,000. This unique property consists of 19.7 acres. It is zoned Residential Estate (RE) but has a special exception to allow use as a rooming house. The property includes 2 houses, both with almost 3000 SF under air. The first has 8 bedrooms and 3 baths, and the second has 10 bedrooms, 3 baths and an in-ground swimming pool. Both houses are used as boarding houses with steady tenancy. There is a 6120 SF warehouse which is divided into independent storage units plus a small apartment renting for $1200 monthly. As per seller, both houses had roof replacements last year and the pool was resurfaced. Located about 3 miles from I-75 and 2 miles from US 17, access to major transportation arteries makes this property an excellent candidate for other income producing possibilities. Of course, if you’re looking for a lovely lakefront estate offering the solitude and tranquility of acreage, these homes can be remodeled and returned to their former use as single family dwellings. The possibilities are endless and opportunities like this do not come along often!