21623 Gibralter Dr

Port Charlotte, FL 33952
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2 bd, 1 ba | 1,262 sqft | Built in 1961

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List Price
$215,000

$5K

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,670

Total Return

$138,996

Annualized Return

27.6%

Cap Rate

5.7%

Gross Yield

9.3%

Cash Flow

-$100

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,240

HOA

None

Flood Risk

Not Required

Look at this great home that just hit the market in Port Charlotte! This home features two bedrooms, one bathroom, is 918 sqft including the enclosed lanai, and sits on an oversized corner lot welcoming all buyers including VA & FHA!!

Lots of great updates have been done including NEW WATER HEATER 2018, NEW ROOF 2019, UPDATED KITCHEN 2020, NEW AC 2023, UPDATED LANDSCAPING 2024, NEW WINDOW TREATMENTS 2024 & UPDATED LED LIGHTING 2024! All of the LED lights are adjustable, the living room and kitchen fans can be adjusted with a remote and all the lightbulbs can be adjusted right on the bulb with a switch! You can “switch” to whatever color you want including soft, bright, true, cool, and daylight! No matter what mood you are in, you can change the entire ambiance of this home in mere moments!

This home has a convenient layout with the bedrooms and bathroom on the left of the home, and living room, dining room, and kitchen on the right of the home. Your two bedrooms have ceiling fans and carpet and the rest of the home is tiled throughout, including the large enclosed lanai overlooking the backyard where you can see two large mango trees!

In the kitchen you will find plenty of new cabinets, granite counters, a window for more natural light, and your stove, refrigerator, and microwave. The bathroom has a walk-in shower, you will also find an outside utility room, tinted windows, hurricane awnings, extended driveway, and updated landscaping!

This amazing home is perfect for all situations no matter what you are looking for. Whether you are a first-time home buyer, or you’re looking for a vacation home or investment home, this cute home is ready to move in today! Located approximately 10 minutes to Murdock Circle or Downtown Punta Gorda, endless options of shops, dining, and entertainment are within reach! Local beaches are between 30-45 minutes away. This home is also less than 10 minutes to I75 for easy commuting. Call your favorite real estate agent today to see this great home in person! This might be just what you have been looking for!


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

Annual Financial Highlights

Expected Rent

$19,038

Expenses

-$3,450

Property Taxes

-$4,000

Loan Payments

-$11,689

Net Cash Flow

-$100

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:Susan Frass
Agent License 3280056
KW PEACE RIVER PARTNERS
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7490015
Last Updated: 04/24/2024 19:04
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