11985 Florence Ave

Port Charlotte, FL 33981
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4 bd, 2 ba | 2,551 sqft | Built in 2024

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List Price
$367,990

Initial Investment

$100,277

Purchase Price

$367,990

Down Payment

25%

Rent

$2,380

Total Return

$273,639

Annualized Return

29.7%

Cap Rate

5.0%

Gross Yield

7.8%

Cash Flow

-$1,789

Appreciation

12.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

Under Construction. NEW CONSTRUCTION WITH WARRANTY! Estimated Completion - June The St. Augustine features the best of indoor and outdoor spaces with a gracious covered front porch, a large covered lanai, and the spaciousness of an open floor plan. In the main living areas, a vaulted ceiling connects the dining area with double windows, kitchen with a freestanding island and pantry, and Great Room a wall of sliding glass doors, offering plenty of natural light. This split-bedroom floorplan provides a private primary suite with two walk-in closets plus a bathroom with a dual-sink vanity, large linen closet, and tiled shower. On the other side of the home, three additional bedrooms are perfect for family or guests, and are easily adaptable to your needs as a home office or quiet retreat. This home boasts a glass full-lite impact front door, granite counters in the kitchen and bathrooms, stainless steel appliances, hurricane-impact windows and doors, tile throughout main living areas, paver driveway, and more! Photos are of completed property, colors and finishes may vary.

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

Annual Financial Highlights

Expected Rent

$27,132

Expenses

-$4,016

Property Taxes

-$4,900

Loan Payments

-$20,006

Net Cash Flow

-$1,789

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:Carissa Anderson
Agent License 3394679
CHRISTOPHER ALAN REALTY, LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4606739
Last Updated: 04/11/2024 10:04
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