1102 Auburn Cove Cir

Venice, FL 34292
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2 bd, 2 ba | 1,619 sqft | Built in 2003

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List Price
$340,000

$10K

Initial Investment

$92,650

Purchase Price

$340,000

Down Payment

25%

Rent

$2,650

Total Return

$175,744

Annualized Return

23.4%

Cap Rate

5.3%

Gross Yield

9.4%

Cash Flow

-$1,796

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,213

HOA

$289/mo

Flood Risk

Not Required

One or more photo(s) has been virtually staged. Welcome to the quaint neighborhood of Auburn Cove. As you step inside this corner lot paired villa, you'll immediately be captivated by the open and airy living and dining space, which is bathed in an abundance of natural light. The kitchen has been thoughtfully updated with modern stainless steel appliances, sleek granite countertops, and a subway tile backsplash. Adjacent to the living room, you will find a multi-functional area that can seamlessly function as a home office, a den, or whatever suits your lifestyle. This space features a sliding glass door that invites the natural light and provides convenient access to the community sidewalk for a leisurely stroll or outdoor activities. As an added bonus, the windows have all been upgraded to impact resistant for increased safety. The primary suite features a spacious walk-in closet and the ensuite is complete with a walk-in shower. Tucked away through the kitchen, awaits the secondary bedroom, accompanied by an adjoining bathroom, offering a comfortable and private space. The hallway boasts two supplementary storage areas including a pantry, catering to your culinary essentials and beyond. Auburn Cove provides its residents with access to a community pool conveniently located just steps away from this villa, providing the perfect spot to relax and soak up the Florida sun. Location is as convenient as it gets, with just a short drive to both US 41 and I-75, ensuring your daily commute or weekend adventures are a breeze. You will find an array of shopping and dining options within minutes, as well as the allure of Venice Island and all the treasures it has to offer. Don't miss the opportunity to make this delightful villa in Auburn Cove your new home, where comfort, convenience, and the Florida lifestyle blend seamlessly.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$30,210

Expenses

-$10,371

Property Taxes

-$3,150

Loan Payments

-$18,484

Net Cash Flow

-$1,796

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Toni Zarghami
Agent License 3283821
KELLER WILLIAMS CLASSIC GROUP
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4604859
Last Updated: 04/19/2024 13:04
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