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22040 Felton Avenue, Port Charlotte, FL 33952

Local realty services provided by:CENTURY 21 Results
22040 Felton Avenue,Port Charlotte, FL 33952
$379,000
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  • 5 Beds
  • 2 Baths
  • 1,748 sq. ft.
  • Multi-family
  • Active
Listed by: beverly back
Office: re/max palm realty
MLS#:C7519634
Source:MFRMLS

Price summary

  • Price:$379,000
  • Price per sq. ft.:$216.82

About this home

Exciting Opportunity--owner says sell! This beautiful fully updated 4 bedroom, 2 bath residence is already operating as a high-performing rental and is being offered with active leases in place. Designed for income efficiency, the home is fully leased, creating multiple revenue streams and reducing vacancy risk. Recent renovations mean no deferred maintenance, and the property is ready to continue producing income immediately after closing. With current performance delivering an estimated 13.2 % capitalization rate, this asset stands out as a rare find in today’s rental market. Located in a NON FLOOD ZONE X and centrally located in Port Charlotte close to everything, Hwy 41 and I 75. This property offers both operational simplicity and long-term investment appeal. Ideal for investors seeking dependable returns without the headaches of a renovation or lease-up phase.

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Home facts

  • Year built:1961
  • Listing ID #:C7519634
  • Added:85 day(s) ago
  • Updated:January 16, 2026 at 04:23 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Living area:1,748 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1961
  • Building area:1,748 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$379,000
  • Price per sq. ft.:$216.82
  • Tax amount:$1,057 (2024)
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