
Asking Price
$139,000
Bedrooms
2
Bathrooms
2
Sq Ft
914
County
Charlotte
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Margin
28%
Spread
$67K
ARV
$285K
Built: 1972
Construction: CBS
Details:
👤 Occupied- Vacant at Closing
Market Rent: $1,400
Rehab / Notes
Roof Permit 06/2022
AC Permit 10/2012
Flood Zone: AE
This property presents a solid value-add opportunity with a
waterfront setting on a freshwater canal and a functional layout
with good potential for an investor looking to renovate and
increase its market value. The home offers spacious living
areas, multiple bedrooms, a dedicated kitchen, and an enclosed
additional living space. The lakefront location adds appeal and
potential value, while the existing layout provides a good
foundation for a cosmetic update and modernization, making it
suitable for a flip or rental strategy. With the right
improvements, the property could appeal to both future buyers
and long-term tenants.
The home appears to need primarily cosmetic and interior
updates, including repairing and refinishing the ceilings where
the popcorn texture has been removed, fresh interior paint, and
replacement or deep cleaning of the carpeting. The kitchen
would benefit from updated cabinets, countertops, and
finishes.
Comps:
3404 DEPEW AVE - 2/2 - 1,376 sq ft
sold for 290k on water w/ pool
23035 RYE AVE - 2/2 - 1,246 sq ft
sold for 217k not on water
22329 NIAGARA AVE - 2/2- 1,113 sq ft
sold for 147k cash

Charles County
$309,000
ARV $XXX,XXX
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ARV Spread
$XXK

Broward County
$399,000
ARV $XXX,XXX
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ARV Spread
$XXK

Orange County
$466,000
ARV Spread
$XXK
Beacon Drive, Port Charlotte
$139,000
Property
Beacon Drive, Port Charlotte, FL, 33980
Luke Roasst
Fix & Flip, DSCR, and Non-QM Loan Specialist
NMLS# 2311093