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