4387 SIBLEY BAY ST #1-10, Port Charlotte, FL 33980
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Bryan Fangman

Bryan Fangman

+1(407) 358-6996
$ 1,200,000
Est. payment /mo
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4387 SIBLEY BAY ST #1-10 Port Charlotte, FL 33980

2 Beds

1 Bath

7,700 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 7,700 sqft

Price per Sqft $155

Subdivision Seward Add Char Hrbr

MLS Listing ID TB8554675

Bedrooms 2

Full Baths 1

Condo Fees $199

HOA Y/N No

Annual Recurring Fee 3588.0

Year Built 1978

Annual Tax Amount $18,870

Lot Size 0.680 Acres

Acres 0.68

Lot Dimensions 275x107

Property Sub-Type Condominium

Source Stellar MLS

Property Description

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.

Location

State FL

County Charlotte

Community Seward Add Char Hrbr

Area 33980 - Port Charlotte

Zoning CHNBR

Interior

Interior Features Ninguno

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Furnishings Unfurnished

Fireplace false

Appliance Microwave, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Lighting

Pool In Ground

Community Features Pool

Utilities Available Electricity Available, Phone Available, Public, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Exposure North

Garage false

Private Pool Yes

Building

Lot Description FloodZone, Paved

Story 1

Entry Level One

Foundation Stem Wall

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Unit Floor 1

Structure Type Block,Stucco

New Construction false

Others

HOA Fee Include None

Senior Community No

Ownership Condominium

Monthly Total Fees $299

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Eriola Goldman SELLSTATE COASTAL REALTY
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NEARBY SCHOOLS & PROPERTIES

Bryan Fangman

Bryan Fangman

Broker / Owner License ID: BK679904

+1(407) 358-6996

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