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$757,900

For Sale - Active
27318 San Carlos Dr, Punta Gorda, FL 33983
3 Beds
2 Baths
2,157 Square Feet
0.41 Acres Lot
Built in 2017
For Sale - Active
1 Units
Checked: 24 hours ago
Updated: Oct 03, 2025 at 10:20AM

Investment Summary


Monthly Cash Flow
-$1,215
Cap Rate
4.2%
Cash-on-Cash Return
-8.4%
Debt Coverage Ratio
0.69
Internal Rate of Return (5 years)
-4.1%

Property Description


0.41 Acres Lot
Built in 2017
For Sale - Active
1 Units

TURNKEY WATERFRONT HOME: Welcome to your dream waterfront home! NO FLOODING / NO HURRICANE DAMAGE & INSURANCE has actually GONE DOWN over the past 12 months. This stunning 2,157 Sq. Ft. residence boasts 3 spacious bedrooms (split Floor Plan) and 2 beautifully designed bathrooms, all crafted with rich, warm tones that enhance the home’s inviting atmosphere. The open concept floor plan showcases luxurious Travertine floors and high-end finishes throughout, highlighting the pride of ownership in every detail. A few of the many features include: Surge protection and solar attic fans for energy efficiency; A New 7K boat lift for easy access to the river; Indoor/ Outdoor Remote Controlled Surround Sound; 68 LED recessed lights that brighten every room; Smart home technology for modern convenience; Custom cabinetry throughout the home; Outdoor summer kitchen under a canopy of mature oak trees, with views of the scenic Peace River. Step outside to discover your own private oasis. The sparkling pool offers breathtaking views of the river, while the mature live oaks provide shade and a sense of tranquility, making this space perfect for relaxation and entertaining. The life style of the Peace River, means endless opportunities for outdoor adventure. With over 100 miles of river leading into Charlotte Harbor, you can fish for bass, snook, catfish, and tarpon, enjoy canoeing, or even spot manatees and dolphins in their natural habitat – all just steps from your door. Experience life on the water – welcome to your new home!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 4
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Composition/Composite
  • Foundation: Slab
  • Roof Material: Shingle
  • Pool: Yes

Land Information

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

Lot Information

  • Parcel ID: 402310332009
  • Lot Size: 17999 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2017

Tax Information

  • Annual Tax: $3,599

Utilities

  • Water & Sewer: Private, Well
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Charlotte

Listing Details


Listed by:
Lise Wosick
EXP REALTY LLC
(941) 677-2620

Source:
Stellar MLS
MLS#: A4659571
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,215
Cap Rate
4.2%
Cash-on-Cash Return
-8.4%
Debt Coverage Ratio
0.69
Internal Rate of Return (5 years)
-4.1%

Purchase Details

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Purchase price:
$757,900
Amount financed:
-$606,320
Down payment:
$151,580
Closing costs:
$22,737
Rehab costs:
$0
Initial cash invested:
$174,317
Square feet:
2,157
Cost per square foot:
$351
Monthly rent per square foot:
$1.99

Financing Details

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Loan amount:
$606,320
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$3,882
Property tax:
$300
Insurance:
$301
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,483

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$4,300 $51,600
Vacancy loss: (6%)
6% -$258 -$3,096
Operating income:
$4,042 $48,504

Operating Expenses


% Rent Monthly Yearly
Property taxes: (7%)
7%-$300-$3,599
Insurance: (7%)
7%-$301-$3,612
Property management: (8%)
8%-$344-$4,128
Repairs & maintenance: (5%)
5%-$215-$2,580
Capital expenditures: (5%)
5%-$215-$2,580
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (32%)
32%-$1,375-$16,499

Cash Flow


Monthly Yearly
Net operating income:
$2,667 $32,004
Mortgage payments:
-$3,882 -$46,584
Cash flow:
-$1,215 -$14,580