Here is a fantastic opportunity to own a rental investment property located near Cheney Brothers, Punta Gorda Airport, and downtown Punta Gorda. This is an ideal workforce housing investment located near I-75 and Hwy 17, making it ideal for commuting. With both units currently tenant-occupied, this property offers immediate rental income potential. Current combined rent is $3100 per month, $37,200 annually. Both units are modernly updated, have full-sized washer and dryer, tile shower walls, fans in each bedroom, and newer plumbing throughout. Property's exterior has been painted (2025), had roof replacement (2023), and has 4 parking spaces. There was no damage or flooding from hurricane Milton or Helene.
Sold for $252,000 on 08/21/25
$252,000
26591 Fairway Dr #A & B, Punta Gorda, FL 33982
4beds
4baths
1,800sqft
Duplex, Multi Family
Built in 1984
-- sqft lot
$242,300 Zestimate®
$140/sqft
$1,366 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 21, 2025 at 02:40pm
Listing Provided by:
Cory Fleck 941-699-6288,
GULF REALTY LLC 775-287-7680
Bought with:
Faisal Shahzad, 3296315
FIDELITY NATIONAL REALTY LLC
Source: Stellar MLS,MLS#: D6143051
Originating MLS: Englewood

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Microwave, Range, Refrigerator
- Laundry: In Kitchen, Inside
Features
- Ceiling Fan(s), Primary Bedroom Main Floor
- Flooring: Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 2,048
- Total interior livable area: 1,800 sqft
Property
Parking
- Parking features: Ground Level, Open
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Patio, Screened
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: Creek Access, Pond Access
Lot
- Size: 0.46 Acres
- Features: Oversized Lot
Details
- Parcel number: 412304431018
- Zoning: ECAP
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Punta Gorda
- Subdivision: TEE & GRN ESTATES RESUB
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 3100
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved, Asphalt
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$242,300
2% more+$4,846
With Zillow Showcase(estimated)$247,146