18170 Lake Worth Blvd

Port Charlotte, FL 33948
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3 bd, 2 ba | 2,198 sqft | Built in 1983

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List Price
$249,900

Initial Investment

$68,098

Purchase Price

$249,900

Down Payment

25%

Rent

$2,160

Total Return

$157,222

Annualized Return

28.3%

Cap Rate

6.8%

Gross Yield

10.4%

Cash Flow

$2,537

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,977

HOA

None

Flood Risk

High Risk - Zone AE

One of a kind two level home built on pilings with a private setting. On the Main level is the kitchen, dining room, large living room, one bedroom, bathroom with shower and washer, dryer. 36 feet long balcony off the living room and dining room! Off the living room in the back is a private 12x14 deck. The second level has the other two bedrooms and a bathroom. The primary bedroom has a private 12' balcony with a great view! Circular driveway with a storage shed on ground level of the house and extra storage rooms under the main structure. New gutters. Just 15 minutes to new Sunseeker Resort!!

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

Annual Financial Highlights

Expected Rent

$24,624

Expenses

-$4,721

Property Taxes

-$3,780

Loan Payments

-$13,586

Net Cash Flow

$2,537

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:Dennis Pape
PAPE PROPERTIES REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7490720
Last Updated: 04/12/2024 13:04
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