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Explore an attractive investment opportunity with a portfolio of ten (or more) newly constructed homes closely situated in the thriving city of North Port. Each of these contemporary residences boasts 3 bedrooms, 2 bathrooms, and a spacious 1,507 square feet of living space, ideal for rental income generation in one of the country's fastest growing communities. A uniform floorplan and identical finishes/colors throughout make this low-maintenance portfolio ideal for investors looking for something "plug-and-play." Upscale features include luxury vinyl plank flooring, granite countertops, stainless steel appliances, and modern light fixtures, ensuring tenant appeal and minimal maintenance. The open floor plan with vaulted ceilings and spacious covered porches creates a welcoming environment for renters, perfect for families or individuals seeking comfort and style. With no HOA fees or deed restrictions, these properties offer flexibility for rental management and tenant selection. Conveniently located near parks, shopping centers, dining venues, and entertainment spots, these homes promise desirable rental opportunities in North Port's vibrant community. Tenants can enjoy easy access to amenities like the North Port Aquatic Center, Wellen Park farmers market, and picturesque beaches. The projected annual income of $26,400 per home underscores the financial viability of this opportunity. Sixteen of these units have already been sold to an institutional investor. With 18 units under construction and another 30 homesites available, the developer is flexible on an investment package that will best suit the investor's needs. Call for more info and to discuss package pricing.
| DAYS ON MARKET | 13 | LAST UPDATED | 5/6/2024 |
|---|---|---|---|
| TRACT | PORT CHARLOTTE SUB 34 | YEAR BUILT | 2024 |
| COMMUNITY | 34288 - North Port | GARAGE SPACES | 2.0 |
| COUNTY | Sarasota | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Atwater Elementary |
|---|---|
| Jr. High School | Woodland Middle School |
| High School | North Port High |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Microwave, Range, Refrigerator |
| AREA | 34288 - North Port |
| BUYER'S BROKERAGE COMPENSATION | 2.5% |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Lighting, Rain Gutters |
| GARAGE | Yes |
| HEAT | Heat Pump |
| INTERIOR | Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s) |
| LOT | 10019 sq ft |
| PARKING | Driveway, Garage Door Opener, Attached |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | PORT CHARLOTTE SUB 34 |
| TAXES | 6296 |
| UTILITIES | Cable Available, Electricity Available, Sewer Available, Water Available |
| WATER | Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Toni Zarghami, KELLER WILLIAMS CLASSIC GROUP, 941-900-4151
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/19/24 8:48 AM PDT.
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