Active

3837 URIAH ST

NORTH PORT FL, 34288

$3,300,000


$218.98 per sqft

Active

30 Beds

20 Baths

15,070 sqft

Multi-family

Built in 2024

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.

A4609728

MLS ID

May 6, 2024

Listed

August 30, 2024

Updated

Map

3837 URIAH ST
NORTH PORT FL, 34288

Interior Features

Total Stories

1


Bedrooms

30


Total Bathrooms

20


Interior Features

Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments


Appliances

Dishwasher, Disposal, Microwave, Range, Refrigerator


Laundry Description

Inside, Laundry Room


Floor Description

Luxury Vinyl, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

0.23 Acres


Exterior Features

Hurricane Shutters, Lighting, Rain Gutters, Sliding Doors


Roof

Shingle


Sewer

Septic Tank

School Information

High School

North Port High


Elementary School

Atwater Elementary

Other Property Details

Area Name

34288 - North Port


Taxes

$6,296


Tax Frequency

Annually


Days on Market

116


Garage

Yes


Garage Spaces

2


Parking

Driveway, Garage Door Opener


View

No


County

Sarasota


Municipality

39


Water Source

Well


Pool

No

Listing History

Date

Event

Price

8/30/2024

Price change

$3,300,000

-6%

Listed by KELLER WILLIAMS CLASSIC GROUP
Listing Contact: 941-900-4151 

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Data last updated 8/30/2024, 8:11 PM UTC

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