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$1,500,000
521 & 520 Drury Ln, Punta Gorda, FL 33950
0 Beds
0 Baths
6,772 sqft

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WELCOME TO CABANA JOE’S the best kept secret in all of Punta Gorda. Providing guests daily and short term stays, this incredible estate is truly one of a kind. Spanning over 1.7 acres, Cabana Joe’s offers three separate buildings with room to expand the already diverse property. Designed with resort style amenities, features and atmosphere, this exceptionally established income producing property combines for a total of 10 rental units with 9 individually named cabanas and an RV. In addition to each cabana (one & two bedroom units) having their own kitchenette, bathroom, laundry space, living area and theme, many have their own private decks with hot tubs. Guests are fully submerged into the Florida vacation lifestyle with countless conveniences including a massive heated pool with waterfall, grotto style spa, volleyball court, margarita bar, tropical wooded breezeways, picnic pavilion, gym, video library, firepit, parklike common areas, three community hot tubs, cookout station, hammock section, arcade games, full pool bathroom, reptile exhibit, koi pond, free bikes/kayaks rentals and vibrant color schemes incorporated throughout. Each cabana has its own unique style with all the luxuries needed for guests to comfortably enjoy their stay, featuring flatscreen TV’s with cable, free WiFi, appliances, cookware, furnishings and linens. Completely remodeled from 2015-2016, Cabana Joe’s is 100% turnkey encompassing everything needed including the 4.8 star Google rating to continue orchestrating this thriving business. Since conception gross revenues have continued to climb year in and year out with continued repeat customers. In 2020 utilizing Airbnb, VRBO and call-in bookings the gross revenue exceeded $130,000 with minimal expenses due to newer energy efficient units, onsite staff and minimized operating costs. Extensive opportunities are available to expand into additional rental facilities, storage space or income producing uses utilizing the connected acre of cleared land zoned OMI with ability to be subdivided. Centrally located across from the famous Fat Point Brewery, Cabana Joe’s is 1.2 miles off of the interstate and 1.5 miles from downtown Punta Gorda offering fine dining, nightlife, Harbor views, walking trails and shopping. Punta Gorda airport is less than 3 miles from the resort providing convenience and extremely affordable travel arrangements. Inventory list, P&L report, confirmed bookings and additional pictures/details available.
  • Price:
  • $1,500,000
  • Square Footage:
  • 6,772
  • Acreage:
  • 1.73
  • Year Built:
  • 1956
  • Listing ID #:
  • MFRC7437749
  • Street Address:
  • 521 & 520 Drury Ln
  • City:
  • Punta Gorda
  • State:
  • Florida
  • Postal Code:
  • 33950
  • County:
  • Charlotte
  • Community:
  • Punta Gorda
  • Subdivision:
  • Pineapple Centre
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
2
out of 5

Charlotte Harbor School
Public
School Grade Level PRESCHOOL-12
School Students 150 students
School Teachers 6 student/
teacher
4
out of 5

East Elementary School
Public
School Grade Level K-5
School Students 700 students
School Teachers 14 student/
teacher
n/a

Charlotte Virtual Instruction Program
Public
School Grade Level K-12
School Students 130 students
3
out of 5

Punta Gorda Middle School
Public
School Grade Level 6-8
School Students 1200 students
School Teachers 18 student/
teacher
4
out of 5

Charlotte Virtual Franchise
Public
School Grade Level 6-12
School Students 22 students
3
out of 5

Charlotte High School
Public
School Grade Level 9-12
School Students 1930 students
School Teachers 20 student/
teacher
2
out of 5

Port Charlotte High School
Public
School Grade Level 9-12
School Students 1668 students
School Teachers 20 student/
teacher
  • Approximate Total Liveable Area:
  • 4794
  • Building Condition:
  • Completed
  • Building Security:
  • Closed Circuit Camera(s), Security Fencing/Lighting/Alarms, Smoke Detector(s)
  • Construction Type:
  • Block, Concrete, Log, Stucco, Wood Frame, Wood Siding
  • Exterior Features:
  • Fence, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sidewalk, Storage
  • Fireplace:
  • Decorative
  • Fireplace:
  • Yes
  • Flooring:
  • Ceramic Tile, Concrete, Tile, Vinyl
  • Foundation:
  • Slab
  • Furnished:
  • Turnkey
  • Interior Features:
  • Built-In Features, Ceiling Fans(s), Eat-In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Number Of Units:
  • 10
  • Other Buildings:
  • Cabana, Finished Rv Port, Outdoor Kitchen, Storage
  • Stories:
  • One
  • Total # Of Buildings:
  • 3
  • Total Building Square Footage:
  • 6772
  • Type Of Roof:
  • Built-Up, Shingle
  • View:
  • Pool, Trees/Woods
  • Year Built:
  • 1956
  • Annual Expenses:
  • 25000
  • Annual Income:
  • 110000.00
  • Gross Income:
  • 135000
  • Conforms To Zoning:
  • Omi
  • Federal Flood Zone:
  • Ae
  • Lot Features:
  • Floodzone, Near Public Transit, Oversized Lot, Street Dead-End, Paved
  • Lot Square Footage:
  • 75571
  • Road Type:
  • Asphalt, Paved
  • Can Be Leased:
  • 1
  • Days On Market:
  • 111
  • Minimum Lease Term:
  • No Minimum
  • On Market Date:
  • 2021-01-23
  • Originating Mls:
  • Mfrmls
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $12,013
  • Tax Year:
  • 2020
  • Parking Description:
  • Common, Driveway, Ground Level, Guest, Off Street, Oversized, Parking Pad
  • Patio Description:
  • Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Wrap Around
  • Pool:
  • Yes
  • Pool Description:
  • Gunite, Heated, In Ground, Lighting, Outside Bath Access, Screen Enclosure
  • Spa:
  • Yes
  • Spa Description:
  • Heated, In Ground
  • Appliances:
  • Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Cooling System:
  • Central Air, Wall/Window Unit(s)
  • Existing Water:
  • Public
  • Heating:
  • Central, Wall Units / Window Unit
  • Laundry:
  • Inside, Laundry Closet
  • Sewage Type:
  • Septic Tank
  • Utilities:
  • Cable Connected, Electricity Connected, Public, Water Connected
  • Unit 1 Square Footage:
  • 350
  • Unit 1 Type:
  • One Bed/One Bath
  • Unit 2 Square Footage:
  • 800
  • Unit 2 Type:
  • Two Bed/One Bath
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By RE/MAX PALM REALTY
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