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9280 ARRID CIRCLE
About This Property
Discover an exceptional opportunity to build your dream home on one of the most desirable lots in the South Gulf Cove area of Port Charlotte. Located at 9280 Arrid Circle, this spacious waterfront lot offers expansive water views and direct access to the scenic Migue Waterway, a part of the extensive canal system that leads to Charlotte Harbor and the Gulf of Mexico - perfect for boating, fishing, and coastal living. Set on approximately 0.27 acres (around 11,630 sq ft), this oversize residential parcel features 123 ft of seawall frontage, providing ample space for a dock, boat lift, or waterfront backyard oasis. The generous lot size allows for flexible home design options, including a luxury pool home or custom estate. Situated in a well-established neighborhood of upscale homes, you'll enjoy the best of Southwest Florida living - just minutes from local marinas, restaurants, shopping, and outdoor recreation. South Gulf Cove is known for its gulf-accessible canals, providing unmatched waterway access and lifestyle appeal. Whether you're a boater, investor, or future homeowner seeking the perfect canvas to build, this waterfront lot offers exceptional potential in a vibrant coastal community. Don't miss your chance to own a piece of prime real estate in one of Port Charlotte's most sought-after locations.
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 2, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Price Decreased |
$149,900
↓ $10K
(6.3%) | |
| Price Decreased | |||
| Dec 18, 2025 | Listed by GRANT TEAM REAL ESTATE, LLC | $160,000 | |
| Listed by GRANT TEAM REAL ESTATE, LLC | |||
| Aug 26, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017