855 Dolphin Ave NW

Port Charlotte, FL 33948
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3 bd, 2 ba | 2,058 sqft | Built in 1973

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List Price
$255,000

$30K

Initial Investment

$69,488

Purchase Price

$255,000

Down Payment

25%

Rent

$2,060

Total Return

$143,628

Annualized Return

25.0%

Cap Rate

5.6%

Gross Yield

9.7%

Cash Flow

-$576

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

This is your opportunity to make this 3 bedroom, 2 bath pool home yours! Nestled in a quiet Port Charlotte neighborhood, this home offers open floor plan with color accent walls, and tile in main living areas. The kitchen boasts warm wood cabinetry, tile back splash, and pass through window to the family room for easy entertaining. You will spend most of your leisure time relaxing on your screened lanai and pool deck, or lazing in your pool overlooking the park like setting with mature shade trees. You will have peace of mind during inclement weather thanks to storm protection. Other key features include newer roof and AC system, 10 by 16 shed for extra storage, and public water and sewer service for convenience and reliability. And the best part is the location. You are in the center of Port Charlotte and can enjoy local waterways and beaches, dining, shopping, and golf courses that make this area so special. You can also explore the waterfront public parks with bike and walking trails, pickle ball parks, picnic areas, and boat ramps that give you access to the Peace and Myakka Rivers, beautiful Charlotte Harbor, and the Gulf of Mexico. And don't forget about historic downtown Punta Gorda and popular Fishermen's village with quaint shops and cafes to the South.

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

Annual Financial Highlights

Expected Rent

$23,484

Expenses

-$6,197

Property Taxes

-$4,000

Loan Payments

-$13,863

Net Cash Flow

-$576

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:Robbie Sifrit
RE/MAX ANCHOR OF MARINA PARK
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7489652
Last Updated: 04/12/2024 13:04
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