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$275,000

289 Camillia Lane Port Charlotte, FL 33954 • Multi Unit - Multiple • (Short Sale) - Active

  • 289 Camillia Lane , Unit A & B, Port Charlotte, FL 33954 Main Photo

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Description

Short Sale. EXCITING DUPLEX INVESTMENT OPPORTUNITY: Discover the potential of this income-producing duplex featuring two spacious 2-bedroom, 1-bathroom units with approximately 1,986 square feet of combined living area. Whether you are expanding your investment portfolio or considering living in one unit while generating rental income from the other, this property offers exceptional flexibility and opportunity! **Unit B is currently tenant-occupied at $1,250 per month, providing immediate rental income, while Unit A is vacant and ready for its next tenant or potential owner-occupant.** With estimated market rents of approximately $1,400 per unit, the property offers potential gross rental income of $2,800 per month, or $33,600 annually, when fully leased at market rates. Each unit features solid-surface flooring throughout, a living room, kitchen, two bedrooms, one bathroom, and a private interior laundry area. Significant recent improvements include a NEW ROOF IN 2025, UPDATED WATER SUPPLY LINES AND WATER HEATERS (2025), NEW A/C IN UNIT A (2026), A/C IN UNIT B (2023), and replacement windows and a sliding glass door (high impact) in Unit A (2026). Additional features include separate driveways, individual electric and water meters, central air conditioning for each residence, and private outdoor patio areas. Situated on an approximately quarter-acre lot NOT IN A FLOOD ZONE, with public water and a septic system, this property is conveniently located near shopping, dining, golf courses, parks, and area amenities. An excellent opportunity to acquire an established duplex with recent capital improvements and attractive long-term rental potential! **Sale is subject to mortgage lender's written short-sale approval.**

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.23 Acres
Roof Type: Shingle
Taxes: $6,196
Year Built: 1985

General Information

Bedrooms: 4
Sqft: 1,986
County: Charlotte
High School: Port Charlotte High
Subdivision: PORT CHARLOTTE
Listed By:
Mark Soravilla RE/MAX PALM REALTY 941-743-5525

Amenities

Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Lighting
Rain Gutters

Property Features

Additional Rooms: Inside Utility
Annual Net Income: 8808.00
Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
Directions: North on US 41. Right on Longley Dr. Left on Camilllia Ln. Property is on the Left.
Exterior: Frame
Flood Zone Code: X
Flooring: Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: In County, Paved
Lot Dimensions: 0.23
Ownership: Fee Simple
Parking: Driveway, Open
Parking Notes: Driveway, Open
Patio/Porch: Patio
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: Supra Lock Box, ShowingTime
Special Sale Provisions: Short Sale
Units: 2
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RMF10
$275,000
4beds
1,986sqft
New to the Market (Short Sale) - Active
BEDS4 BATHS SQUARE FEET1,986 MLS#N6146522
STATUS(Short Sale) - Active PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPORT CHARLOTTE

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289 Camillia Lane , Unit A & B, Port Charlotte, FL 33954.

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Estimated Payment

$ 1,524.07 per month $927.53 Principal & Interest $516.33 Property Tax $80.21 Homeowner's Insurance

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