$825,000
Motivated Seller! PEACE RIVER WATERFRONT OPPORTUNITY – INCREDIBLE INVESTMENT OR DREAM HOME POTENTIAL! Bring your vision to this unique waterfront property offering endless possibilities along the beautiful Peace River! Although extensively damaged by hurricanes, this property presents an exceptional opportunity for investors looking to restore a potentially income-producing property or buyers dreaming of creating their own private waterfront paradise. The property features a main residence with 2 bedrooms, 2 bathrooms, a 2-car garage, bonus room, and swimming pool overlooking the breathtaking Peace River. In addition to the main home, there are THREE separate buildings containing a total of SIX rental units. Building 1 consists of two studio apartments. Building 2 offers two 1-bedroom, 1-bathroom apartments, each with its own carport. Building 3 features two additional 1-bedroom, 1-bathroom apartments with more spacious layouts. TWO EXCITING POSSIBILITIES! Refurbish the existing structures and potentially transform this waterfront property into an outstanding income-producing investment with multiple rental units. OR, start fresh! Demolish the existing structures and explore the possibility of building your spectacular dream home directly on the Peace River, where you can enjoy beautiful water views and the tranquility of waterfront living. One of the property's standout features is its EXTREMELY LONG DOCK, WHICH REMAINS IN GREAT CONDITION, offering a tremendous advantage for boating enthusiasts and those who appreciate the waterfront lifestyle. IMPORTANT DISCLOSURE: This property sustained extensive hurricane damage and is being sold strictly AS IS, in its current condition. Structures may be unsafe and may contain hazardous materials or environmental concerns. Buyers must independently verify zoning, permitted uses, structural conditions, dock condition, demolition requirements, and all rebuilding or redevelopment possibilities with the appropriate authorities. All individuals must sign a Hold Harmless Document prior to entering the property. OPPORTUNITIES LIKE THIS ON THE PEACE RIVER ARE HARD TO FIND! Whether your vision is to restore a waterfront income property or create a one-of-a-kind riverfront dream home, this property offers an extraordinary setting and exciting possibilities. BRING YOUR IMAGINATION AND MAKE THIS WATERFRONT OPPORTUNITY YOUR OWN! Seller's Flood Insurance Policy is transferable to the new owner.
Solana
SubDv.
⋅
33950
Zip Code
25452 Shore Drive, Punta Gorda