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Prime Investment Opportunity: Duplex Project in South Gulf Cove! Seize this rare chance to complete a promising duplex project in the desirable South Gulf Cove community of Port Charlotte, Florida! This partially constructed duplex, consisting of two single-story, 3-bedroom, 2-bathroom units, each with a 1-car garage, living room, dining room, kitchen, and lanai, is primed for an investor or builder ready to take it to the finish line. With the heavy lifting already done"”land cleared, concrete slab poured, and all plans and permits in place"”this property is a blank canvas for your vision. Current owner has over $220,000 invested and this property is now listed at an attractive $165,000, offering significant savings for the savvy investor. The previous contractor abandoned the project, but the seller has diligently resolved all permitting issues and cleared any liens, ensuring a clean slate for the new owner. This is a golden opportunity to capitalize on the growing demand for rental properties in this vibrant, waterfront community known for its proximity to Gulf beaches, boating, and amenities. Perfect for a contractor, developer, or hands-on investor, this project allows you to control the build quality, finishes, and timeline to maximize returns. Complete the duplex to rent out both units for steady cash flow or sell the finished product for a potential profit in South Gulf Cove's hot real estate market. All architectural plans and permits are included, streamlining the process to get you started immediately. Don't miss this chance to transform a solid foundation into a lucrative investment! Contact us today to explore this unique opportunity in Port Charlotte's thriving South Gulf Cove neighborhood.
| DAYS ON MARKET | 170 | LAST UPDATED | 11/17/2025 |
|---|---|---|---|
| TRACT | PORT CHARLOTTE SEC 085 | YEAR BUILT | 2025 |
| COMMUNITY | 33981 - Port Charlotte | GARAGE SPACES | 1.0 |
| COUNTY | Charlotte | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Jul 29, '25 | $165,000 |
|---|---|
| Jul 29, '25 - Nov 17, '25 | $124,900 |
| Nov 17, '25 - Today | $99,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33981 - Port Charlotte |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Rain Gutters |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 10019 sq ft |
| PARKING | Attached |
| SEWER | Public Sewer |
| STORIES | Split/Multi Level |
| SUBDIVISION | PORT CHARLOTTE SEC 085 |
| TAXES | 977.65 |
| UTILITIES | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Brian Shaefer, RE/MAX PALM REALTY OF VENICE, 941-451-2025
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 8:53 PM PST.
This IDX solution is (c) Diverse Solutions 2025.