102 Purus St

Punta Gorda, FL 33983
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3 bd, 2 ba | 2,370 sqft | Built in 1989

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List Price
$300,000

Initial Investment

$81,750

Purchase Price

$300,000

Down Payment

25%

Rent

$2,400

Total Return

$254,266

Annualized Return

32.7%

Cap Rate

5.6%

Gross Yield

9.6%

Cash Flow

-$468

Appreciation

13.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,599

HOA

$13/mo

Flood Risk

Not Required

Feel welcomed at home every time you arrive at this bright and airy home located in the much sought-after deed-restricted community of Deep Creek. This nicely maintained home, with 1,690 sq. ft. of living space offers 3 bedrooms, 2 baths, 2-car garage and is situated on a nice size lot with Greenbelt views. The open/split floor plan home with high ceilings has perfect spaces for all, including living room, dining room and 3 spacious bedrooms all connected to the outdoor area that makes this perfect for living out your Florida dream lifestyle. As you approach this residence, you are greeted with a nicely landscaped yard and oversized driveway. Step through the front door to discover a thoughtfully designed interior boasting an abundance of natural light, mix of carpet and wood tile floor and stylish finishes throughout. The heart of the home is the spacious living area, ideal for entertaining guests or simply unwinding after a long day. The open-concept layout seamlessly connects the living room to the dining room and kitchen, creating a perfect space for social gatherings. The kitchen features solid surface countertops, stainless steel appliances, breakfast bar, and ample storage space, inspiring culinary creativity. Sliding glass doors off the living area lead to a 10x21 screened-in lanai, extending your living space outdoors and inviting you to relax in the Florida sunshine. The comfortable and room primary bedroom has a large walk-in closet, slider access to lanai and private bath with dual sinks, soaking tub and tiled walk-in shower. Two additional bedrooms provide versatility for guests, a home office, or hobbies, ensuring everyone has their own space to thrive. A second full bathroom and a convenient laundry room enhance the functionality of this exceptional home. Your new home also features a new roof in 2022, hurricane shutter protection, and A/C 2023. Deep Creek Golf Course and park are minutes away. This home is located near shopping, restaurants, I75/US41 and beaches! Come enjoy the Florida lifestyle in this impressive home! PLEASE ENJOY THE ATTACHED INTERACTIVE 3D TOUR!

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

Annual Financial Highlights

Expected Rent

$27,360

Expenses

-$7,318

Property Taxes

-$4,200

Loan Payments

-$16,310

Net Cash Flow

-$468

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:Christopher Grant
Agent License 3238094
RE/MAX ANCHOR OF MARINA PARK
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7490205
Last Updated: 03/26/2024 20:03
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