10016 Cocoa Beach St Port Charlotte, FL 33981

This exceptional investment opportunity presents a brand-new, Class A duplex located at 10016 Cocoa Beach St, Port Charlotte, FL 33981. Completed August 15th, 2024, this property boasts 2,266 square feet situated on a 0.23-acre lot. The duplex features two units, each with 3 bedrooms and 2 bathrooms, a one-car garage, and additional driveway parking. High-quality finishes include premium vinyl flooring and elegant granite countertops in the kitchens. Currently 100% occupied, the property generates a Net Operating Income (NOI) of $35,700, representing a 6.00% cap rate. The asking price is $595,000, or $297,500 per unit. This sale is structured as a sale-leaseback, offering a guaranteed 6% NOI for the first two years. The property's prime location offers easy access to beaches, supermarkets, and local amenities, and is situated in a highly-rated school district. This turnkey property is ideal for investors seeking stable returns in a rapidly appreciating market, offering a blend of comfort and exceptional investment potential. The property is a single-story building constructed in 2024. Don't miss this chance to acquire a high-performing asset in a desirable Florida location.