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26126 Northern Cross Rd
Punta Gorda, FL 33983
Multifamily Property For Sale · 2 Units

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INVESTMENT HIGHLIGHTS

  • Built in 2025 - Property insurance only $1225/year - High elevation above flood zones - Accepts 1031 exchanges

EXECUTIVE SUMMARY

You can buy just ONE duplex or package a few together. $2.4 M includes all 4 duplex-villas built NEW in 2025.
Each rental unit (8 total) has 1452 livable SF, 3-bedrooms, 2-baths, and a 2-car garage. Property insurance is only $1225/year due to the high elevation above flood zones (zone-X). Finished with stone & stucco exteriors, raised tray ceilings, stone countertops, and ceiling fans in every room. Attached Villa-home in the Deep Creek neighborhood with an affordable POA of $13.75/ month. The large windows make the living area very comfortable and light in person.
New sod pictured is nice and green now.
Give Nick a call and find which option works for you. Thanks

PROPERTY FACTS

Price Per Unit $305,000
Sale Type Investment
Cap Rate 7.03%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Gross Rent Multiplier 12.1
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.60 AC
Building Size 4,025 SF
Average Occupancy 50%
No. Stories 1
Year Built 2025
Zoning RMF-15 - Multifamily, zone-x

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 2 - 1,452

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
402309178002
Land Assessment
$13,005
Improvements Assessment
$0
Total Assessment
$13,005
  • Listing ID: 35846382

  • Date on Market: 5/13/2025

  • Last Updated:

  • Address: 26126 Northern Cross Rd, Punta Gorda, FL 33983

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