Lots of potential here! Canal does lead to the Gulf of Mexico. Showing by Appointment Only.
Property Information:
• Property Address: 409 Pompano Ter, Punta Gorda, FL 33950
• 3 Bedrooms
• 2 Baths
• 1570 SqFT
• Lot: 9999 SqFt
• Year Built: 1973
• One car attached garage
• On the canal
• Property is owner occupied and will need a post-occupancy agreement for up to 30 days-will work with buyer
Market Rent:
• Monthly Median Rent: $3,000 per Rentometer
• Monthly STR Income: $4,712.66 per AirDNA
Comparable:
🔴 For Sale – 3216 Colony Ct, Punta Gorda, FL 33950
🔴 760 Holiday Sr, Punta Gorda, FL 33950 – Sold $427,500 on 11/15/22
🔴 511 Canal Way, Punta Gorda. FL 33950 – Sold $430,000 on 09/06/22
🔴 1000 Marlin Dr, Punta Gorda, FL 33950 – Sold $360,000 on 09/06/22
✅ PURCHASE PRICE ONLY – $255,500.00
✅ AFTER REPAIR VALUE – $400,000.00
✅ EMD: $5,000.00
✅ CLOSING: on or before April 10, 2023
CASH ONLY, No Financing. Buyer to pay seller closing costs. Seller is prepared to vacate; will work with buyer.