We are pleased to present Japonica Square. This is a 16 unit 1979 block construction which includes 16: 1 bedroom apartments (670sqft). There's an average of $150 rent increase per unit on yearly rentals. The property is located conveniently next to Hwy 776 (0.3mi) for easy access and in walking distance of Merchants Crossing Shopping Center (0.2 mi) and Palm Plaza (0.3 mi) which includes Publix Supermarket, Winn-Dixie, CVS Pharmacy and many other restaurants, banks and retailers. Punta Gorda Beach is only 2.5 miles away making this a great opportunity for vacation rentals as well. Minimum vacation rates on neighboring properties are $675/week or $2,300/month. Offers must include POF and ability to purchase. Please see OM attached with current P&L.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
