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521 & 520 Drury Lane

Punta Gorda, FL 33950
  • $1,500,000
  • STATUS: Active
  • ON SITE: 360 Days
  • MLS #: C7437749
UPDATED: 39 min ago
$1,500,000
  • 0
    BEDS
  • 1.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,794
    SQFT
  • $313
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

WELCOME TO CABANA JOES 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 Joes 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 TVs with cable, free WiFi, appliances, cookware, furnishings and linens. Completely remodeled from 2015-2016, Cabana Joes 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 Joes 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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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-01-19T08:40:25.243.
www.thekardoshteam.com/homes/113577868
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521 & 520 Drury Lane Punta Gorda, FL 33950

  • Price: $1,500,000
  • Status: Active
  • On Site: 360 Days
  • Updated: 39 min ago
  • MLS #: C7437749
0
Beds
0
Baths
0
½ Baths
1.73
Acres
4,794
SQFT
$313
$/SQFT
1956
Built
Neighborhood:
Pineapple Centre
County:
Charlotte
Area:
Punta Gorda
Elementary School:
East Elementary
Middle School:
Punta Gorda Middle
High School:
Charlotte High
Property Description
WELCOME TO CABANA JOES 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 Joes 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 TVs with cable, free WiFi, appliances, cookware, furnishings and linens. Completely remodeled from 2015-2016, Cabana Joes 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 Joes 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.
Exterior Features

Carport Yn No Construction Materials BlockConcreteLogStuccoWood FrameWood Siding Covered Spaces 0 Exterior Features FencedOutdoor GrillOutdoor KitchenOutdoor ShowerSidewalkStorage Foundation Details Slab Lot Features FloodzoneNear Public TransitOversized Lot Open Parking YN No Other Structures CabanaFinished Rv PortOutdoor KitchenStorage Parking Features CommonDrivewayGround LevelGuestOff StreetOversizedParking Pad Patio And Porch Features CoveredDeckEnclosedFront PorchPatioPorchRear PorchScreenedWrap Around Pool Features GuniteHeatedIn GroundLightingOutside Bath AccessScreen Enclosure Pool Private Yn Yes Road Frontage Type Street Dead-End Road Surface Type PavedAsphalt Roof Built-UpShingle Spa Features HeatedIn Ground Spa YN Yes View PoolTrees/Woods Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Family RoomInside Utility Appliances Built-In OvenCooktopDishwasherDryerElectric Water HeaterIce MakerMicrowaveRangeRefrigeratorWasher Building Area Total 6772 Cooling Central AirWall/Window Unit(S) Cooling YN Yes Fireplace Features Decorative Fireplace Yn Yes Flooring Ceramic TileConcretePorcelain TileVinyl Furnished Turnkey Heating CentralWall Units / Window Unit Heating YN Yes Interior Features Built in FeaturesCeiling Fans(S)Eating Space In KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboMaster Bedroom Main FloorOpen FloorplanSolid Surface CountersSolid Wood CabinetsSplit BedroomStone CountersThermostatWalk-In Closet(S)Wet Bar Laundry Features InsideLaundry Closet Levels One Sewer Septic Tank Water Source Public

Property Features

Annual Expenses 25000 Annual Net Income 110000 Association Approval Required Yn No Association Yn No Cdd Yn No DPR No Est Annual Market Income 125000 Flood Zone Code Ae Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Minimum Lease No Minimum New Construction Yn No Number Of Owned Years Prior To Lease 0 Ownership Fee Simple Property Attached YN Yes Property Condition Completed Property Sub Type Multi-Family Security Features Closed Circuit Camera(S)Security Fencing/Lighting/AlarmsSmoke Detector(S) Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Pineapple Centre Tax Annual Amount 12013.21 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedPublicWater Connected Yrs Of Owner Prior To Leasing Re No Zoning Omi


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Re/Max Palm Realty.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-01-19T08:40:25.243.
 
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