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Updated about 2 months ago,

User Stats

76
Posts
5
Votes
Dell Colvert
  • Lender
  • New York NY
5
Votes |
76
Posts

Owner Financing Available! -- Only - $35,000

Dell Colvert
  • Lender
  • New York NY
Posted

Sweet deal at : 

24399 Baltic Avenue, Punta Gorda, FL 33955 #302

Luxurious Condo Investment – 4.9% Interest Rate & $4,513 Monthly PI Wrapped TI and HOA mirrored wrapped! 🌟

🏡 Property Highlights

  • Beds/Baths: 3 Bedrooms, 3 Bathrooms
  • Living Area: 2,269 sqft
  • Year Built: 2005
  • Community: Esplanade at Burnt Store Marina – Premier lifestyle and world-class amenities!

🏘️ Esplanade at Burnt Store Marina

Esplanade at Burnt Store Marina is a private and gated Mediterranean-inspired community within the Burnt Store Marina complex in Punta Gorda, Florida. Buyers will discover elegant two and three-bedroom condos ranging in size from 1,788 to 2,269 square feet, complete with large screened lanais offering community lake and golf views.

Exclusive Features for Esplanade Residents:
  • Heated Pool & Spa
  • Under-Building Garage Parking for up to two cars
  • Pet-Friendly
  • Rentals allowed with a minimum one-month lease (with association approval)

Resort-Style Amenities at Burnt Store Marina

🌐 World-Class Community Highlights
  • 600-Acre Guard-Gated Community with 24/7 security
  • 525 Slip Marina (largest deep-water marina on Florida’s west coast)
  • Golf and Sports Memberships available
  • 27-Hole Executive Golf Course and Pro Shop
  • Lighted Tennis Courts and Pickleball Courts
  • State-of-the-Art Fitness Center with personal trainers, showers, lockers, and classes
  • Community Pool & Hot Tub
  • Miles of walking & biking paths
🍽️ On-Site Dining & Social Options
  • Cass Cay Restaurant & Bar
  • Linkside Cafe
  • The Trading Post for local goods and treats
  • Platinum Point Yacht Club
🎉 Recreation Opportunities
  • Fishing, cycling, dragon boat racing clubs
  • Boating, golf cart rentals, and kayak rentals

🏡 Individual Residence Features

  • Mediterranean-style two and three-bedroom condominiums
  • Spacious layouts ranging from 1,788 to 2,269 sq. ft.
  • Large screened patios with lake and golf course views

💡 Investment Perks

  • Owner Financing Available: Flexible terms to make this yours.
  • Prime Location: Conveniently located near downtown Punta Gorda, Charlotte Harbor, and Gulf of Mexico beaches.
  • Turnkey Opportunity: Minimal updates required to personalize or maximize value.

💰 Financial Breakdown

  • Purchase Price: $575,000
  • Monthly PITI (Including HOA): $4,513
  • Loan Terms: 4.9% effective interest rate, 7-year balloon payment.

📊 Revenue Potential

  • Low Estimate: $3,810/month ($1.68/sq ft).
  • Average Estimate: $5,130/month ($2.26/sq ft).
  • High Estimate: $6,440/month ($2.84/sq ft).
Profitability (Based on Average Rent):
  • Monthly Net Cash Flow: ~$617
  • Annual Net Cash Flow: ~$7,404
Upside Potential:

If rented at $6,440/month, annual profits could exceed $11,964!

🌟 Why This Deal is Unbeatable

  • Predictable Costs: $4,513/month PITI & HOA all wrapped for your convenience.
  • Luxury Amenities: A 27-hole golf course, marina, fitness facilities, and more!
  • Prime Location: Proximity to beaches, dining, and entertainment ensures year-round tenant interest.
  • Strong ROI Potential: Leverage Punta Gorda’s high-demand rental market for solid returns.

📢 Act Now!

Don’t miss this rare opportunity to secure a luxurious condo in Esplanade at Burnt Store Marina, with unmatched amenities and guaranteed cash flow. Perfect for investors or homeowners seeking paradise!



ARV $580,000

Gross Margin $545,000


Sq. Footage 2269

Type Condo

Parking Attached Garage

Year build 2005 

Lot size 10411.00 acres

Bedrooms 3

Bathrooms 3

Half Bathrooms 0