340 Cerromar Way N 3

Venice, FL 34293
image0

2 bd, 2 ba | 1,729 sqft | Built in 1980

slider image
slider image
slider image
List Price
$335,000

Initial Investment

$91,288

Purchase Price

$335,000

Down Payment

25%

Rent

$2,910

Total Return

$219,073

Annualized Return

29.7%

Cap Rate

7.5%

Gross Yield

10.4%

Cash Flow

$5,534

Appreciation

9.5%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

$0/mo

Flood Risk

Not Required

Welcome to luxury living at its finest in the prestigious Augusta Villas of The Plantation Golf & Country Club. This elegant villa, nestled along the eighth hole of The Bobcat Course, offers a serene retreat with access to world-class amenities. New carport and a new roof to be completed by May. Enjoy updated flooring throughout, granite countertops in the kitchen, and newer appliances, including a relatively young AC unit and hot water tank. Added additional square footage to the living space with the delightfully fully enclosed sunroom with breathtaking views of the eighth hole. The open-concept living area boasts a new leather sectional and large mounted TV, perfect for gatherings and relaxation. Step outside to the beautifully designed front porch, ideal for outdoor entertaining amidst lush landscaping. This villa comes fully furnished, offering a seamless transition into luxury living. While memberships are not mandatory, residents have the option to access two 18-hole golf courses and a variety of membership packages. The community is maintenance-free with a pool and clubhouse. Conveniently located near The Wellen Park Town Center, Atlanta Braves Training Facility, local beaches, and downtown Venice.

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

Annual Financial Highlights

Expected Rent

$33,174

Expenses

-$6,377

Property Taxes

-$3,050

Loan Payments

-$18,212

Net Cash Flow

$5,534

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.

Similar Listings



Listing Courtesy of:Bambi Utton
Agent License 3377679
MICHAEL SAUNDERS & COMPANY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #N6132496
Last Updated: 04/26/2024 13:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.