23041 Midway Blvd

Port Charlotte, FL 33952
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3 bd, 2 ba | 2,358 sqft | Built in 1976

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List Price
$319,500

Initial Investment

$87,064

Purchase Price

$319,500

Down Payment

25%

Rent

$2,190

Total Return

$181,662

Annualized Return

24.0%

Cap Rate

4.2%

Gross Yield

8.2%

Cash Flow

-$4,838

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,130

HOA

None

Flood Risk

Not Required

Perfect opportunity to own this nicely updated 3-bedroom, 2-bathroom, heated pool home located in the heart of Port Charlotte. This charming single-family home has 1,888 square feet of living space with an attached garage and oversized fenced-in yard. As you enter, you'll immediately notice the meticulous updates throughout. The open floorplan enhances the home's spacious feel, with a bright main living area with built-in shelving and luxury vinyl flooring. The living room seamlessly flows into a large sunroom with four sets of sliders that open offering panoramic views of the pool lanai. This versatile space is perfect for hosting gatherings or simply enjoying the Florida sunshine year-round. The kitchen has been tastefully renovated with shaker cabinets, sleek granite countertops, and top-of-the-line stainless steel appliances, creating a modern and inviting space to prepare meals and gather with loved ones. The master suite offers a serene oasis, complete with a spacious walk-in closet plush carpeting and a private bath, ensuring a tranquil retreat from the hustle and bustle of daily life. Positioned separately from the primary suite are two guest bedrooms that share a full bath and provide privacy and comfort. Step outside to discover your own private paradise. The pool area is an entertainer's delight, featuring a fully screened enclosure, elegant paver surroundings, pool is heated/saltwater and a charming, covered area for outdoor dining or relaxation. Whether you're hosting a barbecue with friends or lounging by the pool with a good book, this space is sure to impress. The fenced, oversized side yard provides additional versatility and convenience, with an extra driveway and a convenient storage shed for all your outdoor equipment and toys. With no deed restrictions or HOA fees, you have the freedom to customize the property to suit your lifestyle and preferences. Updates including the A/C and water heater in 2016, along with a new roof and pool heater in 2021, offer peace of mind and ensure years of comfort and enjoyment. Schedule your showing today and make this your forever home! PLEASE ENJOY THE ATTACHED INTERACTIVE 3D TOUR!

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

Annual Financial Highlights

Expected Rent

$24,966

Expenses

-$6,574

Property Taxes

-$5,860

Loan Payments

-$17,370

Net Cash Flow

-$4,838

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:Christopher Grant
Agent License 3238094
RE/MAX ANCHOR OF MARINA PARK
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7490266
Last Updated: 03/28/2024 10:03
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