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
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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
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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
