670 Beeche Ter NW

Port Charlotte, FL 33948
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3 bd, 2 ba | 2,465 sqft | Built in 1973

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List Price
$299,900

Initial Investment

$81,723

Purchase Price

$299,900

Down Payment

25%

Rent

$2,080

Total Return

$167,136

Annualized Return

24.8%

Cap Rate

5.4%

Gross Yield

8.3%

Cash Flow

-$1,013

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

High Risk - Zone AE

PLEASE ENJOY THE ATTACHED COMPLIMENTARY TOUR AND VIDEO! Perfect opportunity to own this nicely maintained 3 bedroom, 2 bathroom home with attached single car garage located in the heart of Port Charlotte. This charming single-family home has 1,156 square feet of living space with a large fenced-in backyard and features a brand new 35x24 screened in lanai area and brand new roof. As you step inside, you'll immediately notice the well-designed floor plan, providing both privacy and functionality. Enter through the foyer into an inviting living room that exudes a sense of spaciousness and harmony thanks to the abundant natural light and cohesive design elements like the chair railings that flows throughout the home, enhancing its aesthetic appeal and livability. Adjacent to the living area, you'll find a dining room with doorway to the lanai that is perfect for hosting gatherings and enjoying meals together. The spacious kitchen is well-lit and features ample solid surface counter space, sleek white raised panel cabinets and drawers, a suite of modern appliances including new stove, refrigerator and dishwasher, a pantry closet, eat-in space and additional lanai access. The primary bedroom features walk-in closet and attached bath with walk-in shower. Two additional bedrooms are generously sized with walk-in closets and provide comfortable spaces for family members or guests. The second bathroom is conveniently located, ensuring everyone's needs are met. Step outside to discover a private screened-in lanai that overlooks a large fenced in backyard with plenty of room for a swimming pool. This outdoor space offers endless opportunities for relaxation and entertainment. The home also features ceramic tile and laminate flooring throughout the home, new water heater in 2020, new windows and doors along the back, service panel change out in 2017 and laundry located in lanai. This great neighborhood offers a convenient location to the beaches, shopping, restaurants, US-41, I-75 and local parks. In a desired school district. Hospitals and services are also nearby.

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

Annual Financial Highlights

Expected Rent

$23,712

Expenses

-$4,221

Property Taxes

-$4,200

Loan Payments

-$16,304

Net Cash Flow

-$1,013

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 #C7490936
Last Updated: 04/10/2024 15:04
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