Commercial property in North Port, Florida 30 bedrooms, 1400.04 sq.m. № 1165512

15
Commercial property in North Port, Florida 30 bedrooms, 1400.04 sq.m. № 1165512
ID1165512 $ 3 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Explore an attractive investment opportunity with a portfolio of ten (or more) newly constructed homes closely situated in the thriving city of North Port. Each of these contemporary residences boasts 3 bedrooms, 2 bathrooms, and a spacious 1,507 square feet of living space, ideal for rental income generation in one of the country’s fastest growing communities. A uniform floorplan and identical finishes/colors throughout make this low-maintenance portfolio ideal for investors looking for something “plug-and-play.” Upscale features include luxury vinyl plank flooring, granite countertops, stainless steel appliances, and modern light fixtures, ensuring tenant appeal and minimal maintenance. The open floor plan with vaulted ceilings and spacious covered porches creates a welcoming environment for renters, perfect for families or individuals seeking comfort and style. With no HOA fees or deed restrictions, these properties offer flexibility for rental management and tenant selection. Conveniently located near parks, shopping centers, dining venues, and entertainment spots, these homes promise desirable rental opportunities in North Port's vibrant community.
Tenants can enjoy easy access to amenities like the North Port Aquatic Center, Wellen Park farmers market, and picturesque beaches. The projected annual income of $26,400 per home underscores the financial viability of this opportunity. Sixteen of these units have already been sold to an institutional investor. With 18 units under construction and another 30 homesites available, the developer is flexible on an investment package that will best suit the investor’s needs. Call for more info and to discuss package pricing.
MLS #: A4609728
North Port - Statistics
Choose a city for comparison
Compare
ParametersNorth Port
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 300.00
Apartment (1 bedroom) Outside of Centre$ 1 800.00
Apartment (3 bedrooms) in City Centre$ 3 500.00
Apartment (3 bedrooms) Outside of Centre$ 2 400.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 152.78
Price per Square Meter to Buy Apartment Outside of Centre$ 1 614.59
Choose a city for comparison
Compare
ParametersNorth Port
Rent Index47.12
Restaurant Price Index90.35
Groceries Index74.68
Property Price to Income Ratio2.35
Choose a city for comparison
Compare
ParametersNorth Port
Restaurants
Meal, Inexpensive Restaurant$ 25.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 82.50
McMeal at McDonalds (or Equivalent Combo Meal)$ 9.99
Domestic Beer (0.5 liter draught)$ 5.00
Imported Beer (0.33 liter bottle)$ 7.50
Coke/Pepsi (0.33 liter bottle)$ 2.50
Water (0.33 liter bottle) $ 1.92
Cappuccino (regular)$ 5.35
Markets
Milk (regular), (1 liter)$ 1.06
Loaf of Fresh White Bread (500g)$ 4.15
Eggs (regular) (12)$ 2.99
Local Cheese (1kg)$ 11.00
Water (1.5 liter bottle)$ 1.50
Bottle of Wine (Mid-Range)$ 22.00
Domestic Beer (0.5 liter bottle)$ 1.73
Imported Beer (0.33 liter bottle)$ 2.50
Cigarettes 20 Pack (Marlboro)$ 6.50
Apples (1kg)$ 2.84
Chicken Fillets (1kg)$ 12.15
Oranges (1kg)$ 3.52
Potato (1kg)$ 2.36
Lettuce (1 head)$ 2.00
Rice (white), (1kg)$ 1.74
Tomato (1kg)$ 5.14
Banana (1kg)$ 0.73
Onion (1kg)$ 1.08
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 17.63
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 100.64
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 50.00
$ 30.00
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 000.00
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.00
Transportation
Gasoline (1 liter)$ 0.92
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 36 050.00
Taxi Start (Normal Tariff)$ 4.99
Taxi 1km (Normal Tariff)$ 1.24
Taxi 1hour Waiting (Normal Tariff)$ 30.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 25 000.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 20.00
Cinema, International Release, 1 Seat$ 15.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 25.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 30.00
1 Pair of Nike Running Shoes (Mid-Range)$ 65.00
1 Pair of Men Leather Business Shoes$ 80.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 800.00
International Primary School, Yearly for 1 Child$ 60 000.00
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
Contact me via
CityNorth Port
Address3837 URIAH STREET
TypeCommercial property
Bedrooms30
Living space1400.04 m²
  • sq. ft
Completion dateIV quarter, 2024
Parking places2
Parking typeOpen air
Price
  • Price
  • per m²
$ 3 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £