161 Concord Dr NE - Specialty FOR SALE


Port Charlotte, FL 33952
$519,000 USD
941-637-1090
161 Concord Dr NE, Port Charlotte, FL for Sale
$519,000 USD
Specialty - FOR SALE
1/60
null | 11.31% Cap Rate

161 Concord Dr NE
Port Charlotte, FL 33952


HIGHLIGHTS

  • Located near new Sunseeker Resort, shopping, dining, and beaches
  • 80 ft dock with boat lift and kayak access
  • Ideal Investment Property for Use as Executive Rental and/or Vacation Rental
  • Fully-Furnished Turn-Key Vacation Rental

OVERVIEW

Overview: This luxurious waterfront home in Port Charlotte, FL, presents an excellent investment opportunity. Boasting 4 bedrooms and 3 bathrooms, including two master suites, this fully furnished property comfortably accommodates up to 8 guests. With an oversized lot and easy access to the new Sunseeker resort, this home promises the ultimate in luxury living and leisure. Rental Details: Max Occupancy: 8 guests Yearly Projected Revenue: $58,678 Days Occupied: 226 days Daily Rate Avg: $260 Projected Rental Income: Jan: $7,029 | Feb: $7,898 | Mar: $8,831 Apr: $6,000 | May: $3,088 | Jun: $2,604 Jul: $2,971 | Aug: $2,494 | Sep: $2,841 Oct: $4,724 | Nov: $5,064 | Dec: $5,134 Total: $58,678 Property Highlights: Open floor plan with tile flooring throughout Fully furnished 80 ft dock with boat lift and kayak access Captivating water views from the screened patio Conveniently located near shopping, dining, and beaches Ideal for entertaining, boating, and enjoying Florida's lifestyle Rental Pro Forma: These rental projections are educated estimates, making this waterfront luxury home an enticing investment choice. With low start-up fees, no long-term contracts, and a satisfaction guarantee, seize the opportunity to own a piece of waterfront paradise in beautiful Port Charlotte, FL. Note: Projections may vary based on market conditions and property management. Projections below are based on including a 15% Property Management Fee in expenses. Contact us today to schedule a private viewing and explore the potential of this exquisite investment property. Don't miss your chance to make your investment dreams a reality! Disclaimer: According to property appraiser the property only has three bedrooms, but in terms of usability it has four bedrooms: two master bedrooms with walk-in closets and master bathrooms, and two regular bedrooms and one additional bathroom.

FOR SALE DETAILS

PRICE

$519,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

11.31%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Luxury Waterfront Investment Property

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

RSF3.5

APN/PARCEL ID

402222457003

ASK ABOUT THIS PROPERTY

Jaha CummingsCummings Commercial Group @Coldwell Banker SunstarMore Info
941-637-1090

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Jaha CummingsCummings Commercial Group @Coldwell Banker SunstarMore Info
941-637-1090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.