$3,500,000 for Sale
3837 uriah street , north port, FL 34288
| Beds 30 | Baths 20 | 15,070 Sqft | 0.23 Acres |
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Property Description
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.
General Information
Sale Price: $3,500,000
Price/SqFt: $232
Status: Active
MLS#: A4609728
City: north port
Post Office: north port
Schools: north port high
County: Sarasota
Subdivision: port charlotte sub 34
Acres: 0.23
Bedrooms:30
Bathrooms:20
House Size: 15,070 sq.ft.
Acreage: 0.23 est.
Year Built: 2024
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Asphalt
Construction: Block, Stucco
Exterior Misc: Hurricane Shutters, Lighting, Rain Gutters, Sliding Doors
Basement: No
Foundation : Slab
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Cooling: Central Air
Heating: Heat Pump
Waste: Septic Tank
Watersource: Well
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $6,296
Legal Description: 3837 URIAH LOT 6 BLK 1772 34TH ADD TO PORT CHARLOTTE
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Toni Zarghami of KELLER WILLIAMS CLASSIC GROUP, Phone: 941-900-4151
