For Sale
$3,200,000

0 The Hammocks PrtPort Charlotte, FL 33953

10 New Single-Family Homes, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a portfolio of ten brand-new, single-family homes located in the desirable Hammocks neighborhood within the West Port community of Port Charlotte, Florida (zip code 33953). Each home boasts three bedrooms, two-car garages, and features high-quality construction including concrete masonry, impact windows, stainless steel appliances, and 9'4" ceilings. These turn-key properties come complete with fresh certificates of occupancy and comprehensive 10-year structural warranties, minimizing initial owner responsibilities. The homes range in size from 1,719 to 1,920 square feet and are situated on lots ranging from 0.15 to 0.18 acres. West Port is a master-planned community encompassing 450 acres, ultimately projected to include 2,000 homes. The community is managed by a homeowner's association and a community development district. The strategic location offers convenient access to numerous recreational amenities, including Centennial Park and Aquatic Center, and Charlotte Sports Park, the spring training home of the Tampa Bay Rays. Market rents for comparable three-bedroom, two-bathroom homes average $2,350 to $2,600 per month, presenting significant rental income potential. The permitted zoning is PD. This portfolio represents a compelling investment opportunity in a rapidly growing Florida market. The asking price for this entire portfolio is $3,200,000.

Highlights

  • Ten turnkey homes ideal for rental investment.
  • Each home includes a new certificate of occupancy and builder's warranty.
  • Conveniently located near Charlotte Sports Park, Charlotte County Fairgrounds, and Sunseeker Resort.
  • Strong rental demand: Average market rents are $2,350-$2,600 for 3/2 and 3/2.5 homes ($1.36 PSF).

Property Details for 0 The Hammocks Prt

Property type
Residential income homes
Square Feet
1,719 SF
Year Built
2024
Buildings
10
Stories
1
Units
10

Location Insight

City
Port Charlotte
County
Charlotte
State
Florida
Latitude
27.010022978095
Longitude
-82.175918961243
The Hammocks Prt, Port Charlotte, Florida

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