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$1,650,000

For Sale - Active
1259 Royal Tern Dr, Punta Gorda, FL 33950
4 Beds
4 Baths
4,394 Square Feet
0.44 Acres Lot
Built in 2000
For Sale - Active
1 Units
Checked: 2 hours ago
Updated: Aug 27, 2025 at 10:18AM

Investment Summary


Monthly Cash Flow
-$5,016
Cap Rate
2.5%
Cash-on-Cash Return
-15.9%
Debt Coverage Ratio
0.41
Internal Rate of Return (5 years)
-11.3%

Property Description


0.44 Acres Lot
Built in 2000
For Sale - Active
1 Units

One or more photo(s) has been virtually staged. WATERFRONT EXECUTIVE RESIDENCE – Custom Built by Prestige Homes Freshly painted and move-in ready, this extraordinary Punta Gorda Isles residence sits on a RARE DOUBLE LOT at the end of a quiet cul-de-sac. NEW SOD (2025) A BRAND NEW ROOF (2024) with 40-year warranty, 3 new A/C units, refinished travertine floors, and a FULLY REMODELED KITCHEN (2024) with granite countertops elevate this home to true luxury living. Boater’s Paradise: 128-ft city-maintained concrete seawall, concrete dock with electric & water, 10,000 lb lift, and sailboat access with no fixed bridges to Charlotte Harbor & the Gulf. Expansive Living Space: Nearly 4,400 sq.ft. under air (over 6,400 total) featuring 4+ bedrooms, 4 baths, a heated & cooled 4-car garage, great room, formal living & dining, OFFICE ROOM with Murphy bed and plus versatile bonus rooms (IN LAW) with 2 Murphy beds. Elegant Interior: Cathedral and tray ceilings, wood-look tile, and natural light throughout. The owner’s suite offers a spa-like bath with walk-in tub, shower, and dual sinks. A guest bath doubles as a pool bath. Outdoor Oasis: New screens, saltwater pool with new feeder, summer kitchen, covered lanai, expansive sun deck, and outdoor shower—all designed for entertaining and enjoying breathtaking canal views. Additional Highlights: Circular driveway, storm shutters, city water & sewer, no HOA. Prime Location: Minutes to Fishermen’s Village, historic downtown, golf, parks, walking trails, dining, and the new Sunseeker Resort. This home combines unmatched upgrades, prime waterfront, and the ultimate Southwest Florida lifestyle.

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 4
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 4
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 12
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Concrete Block
  • Foundation: Slab
  • Roof Material: Shingle
  • Pool: Yes

Land Information

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

Lot Information

  • Parcel ID: 412224229001
  • Lot Size: 19204 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2000

Tax Information

  • Annual Tax: $16,731

Utilities

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

Location

  • County: Charlotte

Listing Details


Listed by:
Olha Mohylna
REALTY ONE GROUP MVP
(941) 273-7389

Source:
Stellar MLS
MLS#: C7513835
Stellar MLS

Investment Summary


Monthly Cash Flow
-$5,016
Cap Rate
2.5%
Cash-on-Cash Return
-15.9%
Debt Coverage Ratio
0.41
Internal Rate of Return (5 years)
-11.3%

Purchase Details

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Purchase price:
$1,650,000
Amount financed:
-$1,320,000
Down payment:
$330,000
Closing costs:
$49,500
Rehab costs:
$0
Initial cash invested:
$379,500
Square feet:
4,394
Cost per square foot:
$376
Monthly rent per square foot:
$1.59

Financing Details

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Loan amount:
$1,320,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$8,452
Property tax:
$1,394
Insurance:
$490
Private mortgage insurance (PMI):
$0
Monthly payment:
$10,336

Operating Income

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% Rent Monthly Yearly
Gross rent:
$7,000 $84,000
Vacancy loss: (6%)
6% -$420 -$5,040
Operating income:
$6,580 $78,960

Operating Expenses


% Rent Monthly Yearly
Property taxes: (20%)
20%-$1,394-$16,732
Insurance: (7%)
7%-$490-$5,880
Property management: (8%)
8%-$560-$6,720
Repairs & maintenance: (5%)
5%-$350-$4,200
Capital expenditures: (5%)
5%-$350-$4,200
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (45%)
45%-$3,144-$37,732

Cash Flow


Monthly Yearly
Net operating income:
$3,436 $41,232
Mortgage payments:
-$8,452 -$101,424
Cash flow:
$5,016 $60,192