If you need assistance, please call 941-743-5525

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

Share

   
OR
Photos
Map
Tour
Need help calculating monthly payments on this home? Estimate your mortgage here.
powered by CINC
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.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By RE/MAX PALM REALTY
  • © 2022 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
    FLSTELLAR

Similar Properties

Image Unavailable
$1,450,000
3539 Acline Rd, Punta Gorda, FL 33950
-- Sq Ft
-- Beds | -- Baths
ALL Listing Provided By RE/MAX Harbor Realty
ACTIVE
Image Unavailable
$1,500,000
1308 Tamiami Trl, Punta Gorda, FL 33950
2,441 Sq Ft
-- Beds | -- Baths
ALL Listing Provided By RE/MAX Anchor Of Marina Park
ACTIVE
Image Unavailable
$1,600,000
1312 Mediterranean Dr, Punta Gorda, FL 33950
6,478 Sq Ft
-- Beds | -- Baths
ALL Listing Provided By Michael Saunders & Company
ACTIVE