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520 & 521 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:
  • 1973
  • Listing ID #:
  • MFRC7437947
  • Street Address:
  • 520 & 521 Drury Ln
  • City:
  • Punta Gorda
  • State:
  • Florida
  • Postal Code:
  • 33950
  • County:
  • Charlotte
  • Community:
  • Punta Gorda
  • Subdivision:
  • Ft Of Lt B
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Approximate Total Liveable Area:
  • 4794
  • Construction Type:
  • Block, Concrete, Log, Stucco, Wood Frame, Wood Siding
  • Features:
  • Bathrooms, Common Lighting, Fencing, Furnished, Kitchen Facility, On Site Shower, Solid Surface Counter, Stone Counter
  • Flooring:
  • Ceramic Tile, Concrete, Tile, Vinyl
  • Foundation:
  • Slab
  • Leasable Square Feet:
  • 4794
  • Stories:
  • 1
  • Total # Of Buildings:
  • 4
  • Total Building Square Footage:
  • 6772
  • Type Of Roof:
  • Built-Up, Shingle
  • Year Built:
  • 1973
  • Annual Expenses:
  • 25000
  • Business Description:
  • Cabana Joes
  • Business Type:
  • Hotel/Motel
  • Conforms To Zoning:
  • Omi
  • Federal Flood Zone:
  • 9ae
  • Lot Features:
  • Paved
  • Lot Square Footage:
  • 75517
  • Road Frontage Type:
  • County Road
  • Road Type:
  • Paved
  • Days On Market:
  • 111
  • On Market Date:
  • 2021-01-28
  • Originating Mls:
  • Mfrmls
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $12,013
  • Tax Year:
  • 2020
  • Parking Description:
  • Common, Ground Level
  • Appliances:
  • Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Cooling System:
  • Central Air, Wall/Window Unit(s)
  • Heating:
  • Central, Wall Units / Window Unit
  • Sewage Type:
  • Septic Tank
  • Utilities:
  • Public






The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

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Source: CINC

  • Listing Provided By RE/MAX PALM REALTY
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