132 Tanager Rd

Venice, FL 34293
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2 bd, 2 ba | 1,940 sqft | Built in 1981

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List Price
$399,000

Initial Investment

$108,728

Purchase Price

$399,000

Down Payment

25%

Rent

$2,540

Total Return

$208,850

Annualized Return

23.3%

Cap Rate

4.9%

Gross Yield

7.6%

Cash Flow

-$3,217

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,000

HOA

None

Flood Risk

Not Required

Under contract-accepting backup offers. What a great vibe this 2 bedroom 2 bath POOL home has! Recent improvements include ROOF, IMPACT windows and front door, ELECTRIC PANEL, WATER FILTRATION system in addition to many others to tell you about. Very spacious and open split bedroom floorplan provides ample room for relaxation as well as privacy. In addition to the abundance of cabinetry, the kitchen features an expansive granite countertop that serves as the perfect space for serving breakfast to your guests or setting up a buffet for entertaining. The layout of the home ensures there is no shortage of space for gathering and creating lasting memories with loved ones. Outside, a privacy fence encloses the yard, creating a secluded oasis for outdoor enjoyment and entertaining. The newly resurfaced pool will be your go-to during the hot Florida summer! And it is heated - so enjoy it in the Winter as well. Whether you're seeking a rental investment, a full-time residence, or a seasonal retreat, this home offers endless possibilities. Conveniently located in South Venice, you'll find yourself within a short 15-minute drive to the interstate, downtown Venice, Wellen Park, various local beaches and golf courses. Additionally, both Sarasota and Punta Gorda Airports are easily accessible within an hour's drive, making travel a breeze.

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

Annual Financial Highlights

Expected Rent

$28,956

Expenses

-$6,881

Property Taxes

-$3,600

Loan Payments

-$21,692

Net Cash Flow

-$3,217

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:Walter Shepherd
Agent License 3308625
COLDWELL BANKER REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #N6132223
Last Updated: 04/22/2024 22:04
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