11743 Claremont Dr

Port Charlotte, FL 33981
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2 bd, 2 ba | 2,660 sqft | Built in 2007

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List Price
$399,000

$20K

Initial Investment

$108,728

Purchase Price

$399,000

Down Payment

25%

Rent

$2,440

Total Return

$293,052

Annualized Return

29.3%

Cap Rate

5.1%

Gross Yield

7.3%

Cash Flow

-$2,627

Appreciation

12.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,245

HOA

None

Flood Risk

Not Required

Custom built WATERFRONT home on Englewood's Blueberry Lake! Slide your boat in the water from your backyard and enjoy a day of fishing. Enjoy the amazing sunsets and the serene view from the 35 x 11 West facing covered screen lanai. Your backyard is a beautiful private oasis full of wildlife. The owner installed a new vinyl fence along the side of the home and when looking across the canal all you see is all natural Florida wilderness. There is also a 35 x 10 concrete paver pad alongside the entire lanai. Prefer a pool? The home is designed for a pool with an outdoor shower and pool bath door directly into the guest bathroom. Lots of natural sunlight and water views from the kitchen, great room and both bedroom suites. 2007 hurricane windows and glass pocket sliding doors. 2023 Roof and Hot water heater. X Flood Zone ( No flood insurance required according to FEMA). NO HOA or CDD restrictions or fees. Home surge protector, manablock plumbing, gutters, 2 foot eves off the roof, new exterior paint are a few of the updates and perks. Split bedroom floorplan with the owner's suite on one side and the guest suite on the opposite side of the home. Under air, this 1,786 sq ft home original floorplan was 3 bedrooms with a small indoor laundry room. The owners converted the 3 bedrooms into two oversized master suites. The primary suite has new carpeting, tray ceiling, pocket sliders out to the lanai, walk-in closets and a huge adjoining bathroom with double vanities and a spacious roman shower. The guest suite is oversized with tray ceiling, large window facing the water, and plenty of space for a desk or sitting area. Prefer 3 bedrooms? The current laundry room can also serve as an office. It has an oversized walk-in pantry that could be used for storage and an additional closet. Or make a small bedroom space by relocating the washer, dryer and utility sink out to the garage. The kitchen includes seating at the bar countertop along with a dinette area by the window looking out to the water. Newer dishwasher and washer and dryer. This seasonal home feels like new.... never rented and in immaculate condition! Located on the border of Englewood 34224 zip area and the start of 33981 Port Charlotte near the heart of Englewood. Close to the world know fishing in Boca Grande, Englewood Beaches, Golfing, Boating, Live Entertainment, and shopping. Call for a private showing today!

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

Annual Financial Highlights

Expected Rent

$27,816

Expenses

-$4,951

Property Taxes

-$3,800

Loan Payments

-$21,692

Net Cash Flow

-$2,627

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:Ryan Hesse
Agent License 3387668
PARADISE EXCLUSIVE INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #D6135659
Last Updated: 04/03/2024 13:04
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