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26136 Northern Cross Rd 2 Unit Apartment Building $610,000 ($305,000/Unit) 7.03% Cap Rate Punta Gorda, FL 33983
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
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
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | - | 1,452 |
1 1
Property Taxes
| Parcel Number | 402309178002 | Total Assessment | $13,005 (2025) |
| Land Assessment | $13,005 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
402309178002
Land Assessment
$13,005 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$13,005 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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26136 Northern Cross Rd
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