4387 Sibley Bay Street #1-10, Port Charlotte, FL 33980
Local realty services provided by:CENTURY 21 SUNBELT REALTY
4387 Sibley Bay Street #1-10,Port Charlotte, FL 33980
$1,200,000
- 2 Beds
- 1 Baths
- 7,700 sq. ft.
- Condominium
- Active
Listed by: eriola goldman
Office: sellstate coastal realty
MLS#:TB8554675
Source:MFRMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$137.93
About this home
Excellent investment opportunity in the Punta Gorda/Port Charlotte area! This 10-unit multifamily property offers a strong combination of current income and value-add potential. The property features a mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, with several units already renovated and others partially updated, providing an opportunity for continued improvements and future rent growth.
Currently, 7 units are income-producing, while the on-site superintendent occupies one unit and assists with property maintenance. The superintendent’s current lease expires December 2026, giving the new owner flexibility with future operations. Two 1BR/1BA units have been fully renovated, seven units are semi-renovated, and one 1BR/1BA unit remains unrenovated, creating additional upside potential.
Conveniently located near shopping, dining, major roadways, and the growing Punta Gorda/Port Charlotte market. An attractive opportunity for an investor looking to acquire a 10-unit multifamily asset with existing cash flow, operational flexibility, and room to increase value through continued renovations and rental optimization.
Financial information available upon request. Please do not disturb tenants....
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Home facts
- Year built:1978
- Subdivision & Development:SEWARD ADD CHAR HRBR
- Listing ID #:TB8554675
- Added:1 day(s) ago
- Updated:October 03, 2026 at 07:00 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Ceramic Tile
- Kitchen Description:Microwave, Refrigerator
- Living area:7,700 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1978
- Building area:7,700 sq. ft.
- Lot area:0.68 Acres
- Lot Features:Flood Zone, Paved
- Construction Materials:Block, Stucco
- Exterior Features:Lighting
- Foundation Description:Stem Wall
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$137.93
- Tax amount:$18,870 (2025)
Features and amenities
- Appliances:Irrigation Equipment, Microwave, Refrigerator
- Laundry features:In Common Area
- Amenities:Electricity Available, Irrigation Equipment, Phone Available
- Pool features:In Ground, Private Pool
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