1218 Riding Rocks Lane

Sold 6/24/22
Sold 6/24/22
Gallery Image 1
Last Sold Price
$1,053,500
2 beds2 baths4,480 sqft$235/sqft
1218 Riding Rocks Ln, Punta Gorda, FL 33950

Description

Multiple Offers In Place, Seller is not taking any more offers or showings at this time decision will be made today, Thank you! Looking for an income producing property that actually produces income and has plenty of future value adds? This incredibly well built and rarely available quadraplex is home to (4) Two Bedroom, Two Bath units complete with front porches and rear lanais with great water views. This property is located in the highly desirable section of Punta Gorda Isles, on an OVERSIZED...Multiple Offers In Place, Seller is not taking any more offers or showings at this time decision will be made today, Thank you! Looking for an income producing property that actually produces income and has plenty of future value adds? This incredibly well built and rarely available quadraplex is home to (4) Two Bedroom, Two Bath units complete with front porches and rear lanais with great water views. This property is located in the highly desirable section of Punta Gorda Isles, on an OVERSIZED WATER FRONT lot, and sits on a cul de sac road. With only one bridge out to open water, these units will be highly desirable to casual boater and avid fishermen alike. The property boasts a concrete tile roof that was replaced in 2005, so no worries about having to replace it in the near future. AC's were recently replaced as well and the property itself is in overall great condition! Ask about the recent condo conversion that will allow for these units to be sold separately in the future! This property will make a fantastic addition to any prospective investor's portfolio, so don't delay and setup your showing today.
LISTING CLOSED: 06/24/2022 12:00 AM

  1. Listed by Devan McKinney • Brokerage DRE #1016620 • RE/MAX PALM REALTY
    P: (941) 662-9186 C: (941) 662-9186 drmckin11@gmail.com

Property Details for 1218 Riding Rocks Lane

Status
Sold
MLS #
D6124381
Days on Market
7
Taxes
$9,311 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Quadruplex
Year Built
1980
Lot Size
0.27 AC / 11,784 SF
County
Charlotte County
Subdivision Name
PUNTA GORDA ISLES
Township
41
View
Water
Waterfront
Yes
Water View
Canal
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Location

Listing Courtesy of RE/MAX PALM REALTY, Devan McKinney

Sold By RE/MAX ANCHOR OF MARINA PARK, Christopher Grant

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Building Information for 1218 Riding Rocks Lane

Stories-Residences4Year Built1980Building Size-Lot Size0.27 AC / 11,784 SF

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$6,131 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,355

Property Taxes

$776

HOA Dues

$0

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Property Information for 1218 Riding Rocks Lane

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4928.0
  • Building Area Units: Square Feet
  • Community Features: Dock
  • Directions: From Via Tripoli, make a right on to Riding Rocks Lane and the home will be on your right hand side.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • SW Subdiv Community Name: Punta Gorda Isles
  • Unit Number: No
  • Street Number: 1218
  • Street Name: Riding Rocks
  • Street Suffix: LANE
  • State: FL
  • City: PUNTA GORDA
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Assigned
Taxes and HOA Information
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Legal Description: SNC 000 0000 COMM SNC 000 0000 COMM SANDCASTLE CONDO COMMON ELEMENT .27 TOTAL ACRES M/L
  • Tax Lot: 13
  • Tax Year: 2021
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Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, City Lot, Level
  • Lot Size Dimensions: 107 x 120 x 90
  • Parcel Number: 412212876000
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: Canal - Brackish
  • Water Access: Yes
  • Water Body Name: Periwinkle Bayou
  • Water Extras: Seawall - Concrete
  • Water Extras: Yes
  • Water: Seawall - Concrete
  • Zoning: GM-15
  • Living Area: 4480
  • Lot Dimensions: 107 x 120 x 90
Property and Assessments
  • Year Built Numeric: 1980
  • Flood Zone Code: AE
  • Flood Zone Date: 05-05-2003
  • Flood Zone Panel: 12015C0241F
  • New Construction: No
  • Public Survey Range: 22
  • Public Survey Section: 12
  • Dock Description: Dock - Wood
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Levels: Two
  • Patio And Porch Features: Enclosed, Porch, Screened
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Cement
  • Waterfront Features: Canal - Saltwater
  • Waterfront Feet Total: 90
Interior Features
  • Bedrooms Total: 2
  • Additional Rooms: Formal Living Room Separate, Inside Utility
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Heating: Electric
  • Interior Features: Other
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
Multi Family
Multi-Family Information
  • Annual Expenses: $16,153
  • Annual Net Income: $43,847.00
  • Gross Income: $60,000
  • Unit Count: 1
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $5,000

Property History for 1218 Riding Rocks Lane

DateEvent & SourcePriceAppreciation
Jun 24, 2022

Sold

MFRMLS #D6124381

$1,053,500—
Mar 25, 2022

Pending

MFRMLS #D6124381

—
Mar 18, 2022

Listed (Active)

MFRMLS #D6124381

$1,099,900—
DateEvent & SourcePrice
06/24/2022

Sold

MFRMLS #D6124381

$1,053,500
03/25/2022

Pending

MFRMLS #D6124381

—
03/18/2022

Listed (Active)

MFRMLS #D6124381

$1,099,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1218 Riding Rocks Lane

Taxable ValueLand-Additions-Total-
Home Facts
Beds0Lot Size11,782 SqFtStyleCondominiumZoningGM-15CountyCHARLOTTEAPN41-22-12-876-000

Schools near 1218 Riding Rocks Lane

This home is within Charlotte.
Rating
School
Type
Grades
Distance
Sallie Jones Elementary School
Public - PK to 5
Punta Gorda Middle School
Public - 6 to 8
Charlotte High School
Public - 9 to 12
Florida SouthWestern Collegiate HS-Charlotte
Charter - 9 to 12
Rating
School
Distance
Sallie Jones Elementary School
PublicPK to 5

Punta Gorda Middle School
Public6 to 8

Charlotte High School
Public9 to 12

Florida SouthWestern Collegiate HS-Charlotte
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX PALM REALTY, Devan McKinney

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.