521 DRURY LANE

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 .57 acres, Cabana Joe’s offers four separate income producing buildings. Designed with resort style amenities, features and atmosphere, this exceptionally established income producing property combines for a total of 7 rental units with individually named cabanas. In addition to each cabana (one- & two-bedroom units) having their own kitchenette, bathroom, 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, community hot tubs, hammock section, arcade games, full pool bathroom, 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, 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 net income has continued to climb year in and year out (approximately 58% from 2020-2021) with continued repeat customers. In 2021 utilizing Airbnb, VRBO and call-in bookings the gross revenue exceeded $120,000 with minimal expenses due to newer energy efficient units, onsite staff and minimized operating costs. 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 property providing convenience and extremely affordable travel arrangements. Informational packet containing surveys, elevation certificates, P&L's, Airbnb bookings, VRBO bookings and rental proforma is available upon request. This property is part of a larger package also available for purchase that includes an acre of land zoned OMI (MLS#C7455055) and a duplex with additional RV (MLS#C7455142).