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$439,000

For Sale - Active
10741 Charlotte Dr, Parrish, FL 34219
4 Beds
3 Baths
2,753 Square Feet
0.15 Acres Lot
Built in 2021
For Sale - Active
1 Units
Checked: 13 hours ago
Updated: Jun 03, 2025 at 03:37AM

Investment Summary


Monthly Cash Flow
-$712
Cap Rate
4.2%
Cash-on-Cash Return
-8.5%
Debt Coverage Ratio
0.68
Internal Rate of Return (5 years)
-4.2%

Property Description


0.15 Acres Lot
Built in 2021
For Sale - Active
1 Units

This two-story, all-concrete block constructed home located in the desirable Bella Lago community features 4 bedrooms and 3 full bathrooms. This move-in-ready home has an open floorplan where the great room, kitchen, and dining room flow seamlessly. Sliders off the dining area open to a covered, screened-in lanai, and a fenced-in yard overlooking conservation. The spacious kitchen includes white cabinets with granite countertops, a large island, updated subway tile backsplash, stainless steel appliances, and a large corner walk-in pantry. The dining room wall and kitchen island also feature shiplap accents. When you first enter the home there is a flex room that has updated luxury vinyl plank flooring to flow with the rest of the house. This space is currently being used as an office, but it could also be great as a formal dining room or den. The first floor also has one bedroom, one full bathroom, and a large storage closet under the stairway. Upstairs there is a large bonus loft (that also has updated LVP) as well as an additional double-door storage closet—this space is great as a second living room, playroom, office, den, or gym. The primary bedroom is located upstairs and has two large walk-in closets and an en-suite bathroom. The primary bathroom features a garden tub with a separate shower, a double vanity with ample counter space, and a separate water closet. Just outside the primary bedroom is a laundry room with a window for added charm and natural light, and an extra storage closet and linen closet in the hallway. There are also two additional bedrooms and another full bathroom upstairs. This home also includes a whole-home water softener, a water treatment system installed above the fridge for fridge water, and a reverse osmosis system on the kitchen sink. The Bella Lago community has plenty of amenities to offer including two pools, a clubhouse, a fitness center, a dog park, and a playground! Reach out to tour this move-in-ready home today!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Driveway, Garage Door Opener, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 14
  • # of Stories: 2

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: ICON/Denise Perez
  • HOA Fee: $116/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 4004.18559
  • Lot Size: 6599 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2021

Tax Information

  • Annual Tax: $6,664

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Manatee

Listing Details


Listed by:
Dayna McCormick
DALTON WADE INC
(848) 448-8144

Source:
Stellar MLS
MLS#: TB8360496
Stellar MLS

Investment Summary


Monthly Cash Flow
-$712
Cap Rate
4.2%
Cash-on-Cash Return
-8.5%
Debt Coverage Ratio
0.68
Internal Rate of Return (5 years)
-4.2%

Purchase Details

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Purchase price:
$439,000
Amount financed:
-$351,200
Down payment:
$87,800
Closing costs:
$13,170
Rehab costs:
$0
Initial cash invested:
$100,970
Square feet:
2,753
Cost per square foot:
$159
Monthly rent per square foot:
$1.16

Financing Details

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Loan amount:
$351,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,249
Property tax:
$555
Insurance:
$224
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,028

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,200 $38,400
Vacancy loss: (6%)
6% -$192 -$2,304
Operating income:
$3,008 $36,096

Operating Expenses


% Rent Monthly Yearly
Property taxes: (17%)
17%-$555-$6,664
Insurance: (7%)
7%-$224-$2,688
Property management: (8%)
8%-$256-$3,072
Repairs & maintenance: (5%)
5%-$160-$1,920
Capital expenditures: (5%)
5%-$160-$1,920
HOA fees: (4%)
4%-$116-$1,392
Total operating expenses: (46%)
46%-$1,471-$17,656

Cash Flow


Monthly Yearly
Net operating income:
$1,537 $18,444
Mortgage payments:
-$2,249 -$26,988
Cash flow:
$712 $8,544