29177 ORVA DRIVE
About This Property
Perfectly situated along Hunter Creek with direct access to the Peace River, Charlotte Harbor, and the Gulf, this waterfront property is ideal for boaters, anglers, and anyone who dreams of stepping outside and being moments from open water. Spend your days fishing, cruising to waterfront restaurants, or exploring nearby barrier islands - all from your own backyard.
This unfurnished 2-bedroom, 2-bath single-family home offers 1,114 square feet of comfortable, single-level living - a blank canvas ready for you to design and personalize to match your coastal vision. Inside, you'll find a welcoming living area with a cozy gas fireplace, an inviting kitchen with eat-in space, and generously sized bedrooms featuring walk-in closets. Ceramic tile and carpet flooring, ceiling fans, and included appliances add functionality and ease.
Step outdoors and embrace the true Florida lifestyle. With both freshwater and saltwater canal frontage, waterfront access is effortless. The spacious lot provides plenty of room to relax, entertain, or create your own tropical outdoor retreat. Additional sheds offer convenient storage for fishing gear, paddleboards, or tools, and the covered carport provides shaded parking.
This home offers flexibility, value, and the freedom to truly enjoy waterfront living. Whether you're looking for a seasonal escape, investment opportunity, or full-time residence, this property delivers the peaceful charm of Old Florida with endless potential to make it yours
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Price Decreased |
$150,000
↓ $15K
(9.1%) | |
| Price Decreased | |||
| Mar 25, 2026 | Price Decreased |
$165,000
↓ $14K
(7.8%) | |
| Price Decreased | |||
| Mar 12, 2026 | Price Decreased |
$179,000
↓ $21K
(10.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017