29339 Ixora ROAD
About This Property
One of the standout features of this lot is its verified location outside the scrub jay area, as confirmed by the Charlotte County GIS Map. This means you can build your vision without any concerns about protected bird habitats.
Electricity is readily available, ensuring the convenience of modern living right at your fingertips. Additionally, the lot's placement in an X flood zone is a noteworthy advantage, as it eliminates the need for flood insurance. Feel secure and at ease knowing your investment is safeguarded from potential flooding.
Imagine designing your own oasis on this expansive lot – there's ample room for a pool, making it the perfect canvas for creating a relaxing retreat right in your backyard. As the area experiences a surge in new home constructions, now is the optimal time to seize this investment opportunity.
Situated in close proximity to shopping centers, delectable restaurants, and reputable schools, this location offers the perfect blend of convenience and tranquility. And if you're looking for entertainment or a change of scenery, downtown Punta Gorda is only a few minutes away, providing a vibrant hub of activities and culture.
Don't let this chance slip away – seize the moment to explore this lot firsthand before it's snapped up by someone else. Contact us today to schedule a viewing and discover the endless potential that awaits you at this remarkable property in Peace River Shores!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 20, 2024 | Price Increased |
$18,900
↑ $2K
(12.8%) | |
| Price Increased | |||
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| May 21, 2023 | Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | $19,500 | |
| Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | |||
| Apr 6, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017