1175 Virgo Dr

Port Charlotte, FL 33948
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3 bd, 2 ba | 2,718 sqft | Built in 1986

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List Price
$375,000

Initial Investment

$102,188

Purchase Price

$375,000

Down Payment

25%

Rent

$2,020

Total Return

$159,013

Annualized Return

18.4%

Cap Rate

2.8%

Gross Yield

6.5%

Cash Flow

-$10,680

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

19,999

HOA

None

Flood Risk

Not Required

Come and see this beautiful solar powered 3 bedroom, 2 bath pool home nestled on a half-acre lot in a quiet Port Charlotte neighborhood. This tastefully appointed home offers bright and open floor plan with soaring ceilings, color accent walls, decorator light and fan fixtures, and tile throughout. There’s plenty of room for family and friends with almost 1900 square feet of living space with great room, dining, and family room. The kitchen is equipped with newer appliances including 3 door fridge, pantry, casual dining area, pass through window to lanai, and breakfast bar that opens to the family room for easy entertaining. Master suite has bump out wall providing extra living space, walk in closet, and private en suite bath. Your beautiful pool and heated spa overlook the large back yard providing privacy and a park like view. Other key features include storm shutters and hurricane code garage door, dedicated laundry room, new roof in 2021, new hot water heater and AC system in 2023, and public water service for convenience and reliability. Proximity to local beaches, dining, shopping, and golf courses makes this property ideal for the Florida lifestyle. Also, easy access to hospitals, schools, public parks with bike and walking trails and picnic areas, and boat ramps providing access to many waterways, beautiful Charlotte Harbor, the Peace & Myakka Rivers, and the Gulf of Mexico. Quiet neighborhood and yet all conveniences and amenities nearby. Great home in a great neighborhood.

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

Annual Financial Highlights

Expected Rent

$23,028

Expenses

-$6,571

Property Taxes

-$6,750

Loan Payments

-$20,387

Net Cash Flow

-$10,680

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:Robbie Sifrit
RE/MAX ANCHOR OF MARINA PARK
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7490181
Last Updated: 03/27/2024 18:03
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