429 Dorchester St

Port Charlotte, FL 33954
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3 bd, 2 ba | 2,308 sqft | Built in 1999

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List Price
$329,900

Initial Investment

$89,898

Purchase Price

$329,900

Down Payment

25%

Rent

$2,390

Total Return

$252,631

Annualized Return

30.3%

Cap Rate

5.3%

Gross Yield

8.7%

Cash Flow

-$1,489

Appreciation

12.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

MOVE-IN READY 3 Bedroom, 2 Bathroom, 2 Car Garage home on a FRESHWATER CANAL located in Port Charlotte. NO HOA FEES & NO FLOOD REQUIRED!! CLICK ON THE VIRTUAL TOUR LINK 1 FOR THE VIDEO AND VIRTUAL LINK 2 FOR THE 3D TOUR. Featuring a bright & airy floor plan, tile & vinyl flooring throughout, vaulted ceilings, and MUCH MORE! Enjoy quality time with friends and family in the open living and dining room with a glass slider to the lanai. The kitchen offers 2023 ALL white appliances, closet pantry and built-in desk. The master bedroom has a walk-in closet, glass slider to the lanai and a private bathroom with a dual sink vanity, linen closet and tiled walk-in shower. The guest bedrooms are on a split floor plan, offering plenty of privacy, with built-in closets and a shared guest bathroom with a shower/tub combo. The screened in lanai is the perfect spot to sip our morning coffee or unwind with an evening beverage while enjoying a BEAUTIFUL canal view. A spacious backyard has a fenced in dog run with an outdoor shower and an 8x8 wood dock where you can fish freshwater or simply enjoy the local nature! 2021 ROOF - FRUIT TREES - WOOD FENCED DOG RUN - SCREENED ENTRY - FRESHWATER CANAL - 8X8 WOOD DOCK. Conveniently close to US-41 & I-75 for easy access to local favorites such as Fishermen’s Village, Ponce De Leon Park, shopping & boutiques, fine & casual dining, and LIVE entertainment. Schedule your showing TODAY!

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

Annual Financial Highlights

Expected Rent

$27,246

Expenses

-$4,850

Property Taxes

-$5,950

Loan Payments

-$17,935

Net Cash Flow

-$1,489

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:Brooks Imlay
Agent License 3486181
KW Peace River Partners
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7491378
Last Updated: 04/22/2024 17:04
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