Active

$3,300,000

Features:
  • 30 Bedrooms
  • 20 Bathrooms
  • 15070 sq ft
Overview
  • ID: MFRA4609728
  • Bedrooms: 30
  • Bathrooms: 20
  • Size: 15070 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$3,300,000
HOA Fee:
N/A
Tax Amount:
$6296
Price per SqFt:
$218.98
Tax Legal Description:
3837 URIAH LOT 6 BLK 1772 34TH ADD TO PORT CHARLOTTE
Exterior Features
Lot Size:
10001
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Garage Door Opener
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
30
Bathrooms:
20
Heating:
Heat Pump
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Microwave, Range, Refrigerator
Furnished:
No
Floor:
Luxury Vinyl, Tile
Levels:
One
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
2024
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Hurricane Shutters, Lighting, Rain Gutters, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    3837 URIAH ST
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 333,000
avt
Daniel Dourado
$ 995,000
avt
Daniel Dourado
$ 1,565,190
avt
Daniel Dourado
$ 315,000
avt
Daniel Dourado
$ 420,000
avt
Daniel Dourado
$ 630,000
avt
Daniel Dourado
$ 239,900
img
  • Featured
  • Active
Multi-Family

2604 GRAND CENTRAL PKWY #12

  • 3
  • 2
  • 136 m²
avt
Daniel Dourado
$ 289,000
avt
Daniel Dourado
$ 950,000
img
  • Featured
  • Active
Multi-Family

124 S CHARLES RICHARD BEALL BLVD

  • 0
  • 0
  • 293 m²
avt
Daniel Dourado
$ 1,200,000
avt
Daniel Dourado
$ 1,875,000
avt
Daniel Dourado
$ 1,875,000