![]() |
Investment Opportunity: Quadplex in Rotonda West, Florida. This unique property features two adjoining duplexes, offering a rare investment opportunity in the desirable community of Rotonda West. Building 49 boasts two completely remodeled 3-bedroom, 2-bathroom units, each with a 1-car garage. These units have been meticulously renovated with high-quality finishes, new appliances, tile throughout, and luxurious bathrooms. The indoor laundry and attention to detail make these units stand out in the market. Building 51 consists of two 2-bedroom, 2-bathroom units, each with a 1-car garage. Notable updates include a 2023 roof, 2018 hot water heaters, and 2018 AC units. One of the units is currently rented to a reliable long-term tenant, providing immediate income. Both buildings are located on two separate 1/3-acre lots, each with its own deed, but they share a driveway. The option to combine the deeds provides potential for tax and insurance savings. Before a full remodel in 2024, the two buildings had identical floor plans and condition, making this a great example of the investment potential. Building 49 was transformed into a modern gem, demonstrating what’s possible with a little creativity and effort. Building 51 remains a prime candidate for similar updates, offering substantial upside for the right investor. With large lots that allow for the addition of a pool, this property offers the potential to create a resort-style living experience, appealing to both tenants and future buyers. Don’t miss out on this fantastic opportunity in a rapidly growing area. This quadplex is ready to deliver solid returns with the potential for further value growth.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.235% | 6.058% |
Monthly Tax Payment | $11,998 | $11,998 | $11,998 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $4,669 | $4,861 | $6,697 |
Total Monthly Payment | $16,759 | $16,859 | $18,695 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.