22322 Olean Blvd

Port Charlotte, FL 33952
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2 bd, 3 ba | 2,341 sqft | Built in 1963

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List Price
$339,000

Initial Investment

$92,378

Purchase Price

$339,000

Down Payment

25%

Rent

$2,160

Total Return

$193,169

Annualized Return

24.0%

Cap Rate

4.2%

Gross Yield

7.6%

Cash Flow

-$5,054

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,250

HOA

None

Flood Risk

Not Required

Welcome to your slice of Florida paradise! Nestled in the heart of Port Charlotte, this meticulously maintained and updated home features loads of charm and modern amenities, including a sparkling heated swimming pool that beckons for endless days of relaxation and fun in the sun. Spread out across generous living spaces, including two bedrooms and 2.5 bathrooms, providing ample room for families or guests. The chef-inspired kitchen is equipped with granite counters, modern appliances, ample cabinet storage and a convenient breakfast bar, perfect for casual meals or entertaining. Escape to your private backyard retreat, where a shimmering swimming pool awaits. Lounge on the upgraded brick paver pool deck, take a refreshing dip, or host memorable gatherings under the Florida sky. Updated primary bathroom with walk-in shower. Garage doubles as an extension to your outdoor space with a half bath and added cabinetry for your storage needs. On the exterior be sure to check out the golf cart garage, designed to provide the ultimate convenience, security, and style for your prized vehicle. Circular driveway to accommodate extra vehicles. New roof 2023, Storm smart storm screen installed 2018, plumbing upgraded 2013. Enjoy the best of both worlds with proximity to local amenities, including shopping, dining, parks, and beaches, while still maintaining a sense of tranquility. This home is being sold partially furnished.

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

Annual Financial Highlights

Expected Rent

$24,624

Expenses

-$6,498

Property Taxes

-$4,750

Loan Payments

-$18,430

Net Cash Flow

-$5,054

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:Nick Demers
Agent License 3365095
RE/MAX PALM PCS
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7491231
Last Updated: 04/24/2024 18:04
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