$374,000

22040 FELTON AVENUE, Port Charlotte, FL 33952

  • 5 beds |
  • 2 baths |
  • 1,748 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $214/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exciting Opportunity--owner says sell with new price reduction! This beautiful fully updated 4 bedroom, 2 bath residence is already operating as a very HIGH PREFORMING rental and is being offered with active leases in place. Designed for income efficiency, the home is fully leased, creating multiple revenue streams and reducing vacancy risk. Recent renovations mean no deferred maintenance, and the property is ready to continue producing income immediately after closing. With current performance delivering an estimated 13.2 % capitalization rate, this asset stands out as a rare find in today’s rental market. Located in a NON FLOOD ZONE X and centrally located in Port Charlotte close to everything, Hwy 41 and I 75. This property offers both operational simplicity and long-term investment appeal. Ideal for investors seeking dependable returns without the headaches of a renovation or lease-up phase.

Listing Status:
Active
Date Added:
January 9, 2026
Data Last Updated:
February 18, 2026 at 4:21PM
Listing Office:
RE/MAX PALM REALTY : 941-743-5525
Listing Agent:
Beverly Back : 941-626-4064
MLS ID:
C7519634
  • General: Kitchen/Family Room ComboLiving Room/Dining Room ComboSolid Surface Counters
  • Rooms: Storage Rooms
  • Laundry: None
  • A/C: Central Air
  • Heating: Central
  • General: LightingPrivate Yard
  • Roofing: Shingle
  • General: BlockOneSlab
  • Road/Access: Paved
  • Originating MLS: Stellar MLS
  • County: Charlotte
  • Zoning: RSF3.5PCH 033 2781 0006 PORT CHARLOTTE SEC33 BLK2781 LT 6 211/644 366/318 379/528 DC493/897 PR89-532 NT1063/229 1072/9 PR91-206 1166/739 1166/733-38 1410/41 3449/1076 3326996 3330150 3419898402214354012
  • Utilities: Electricity Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Beverly Back , RE/MAX PALM REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

N

Neil Armstrong Elementary School

22100 Breezeswept Ave, Port Charlotte, FL, 33952

Grades PK-5

0.86 miles away

P

Port Charlotte Middle School

23000 Midway Blvd, Port Charlotte, FL, 33952

Grades 6-8

0.93 miles away

C

Charlotte Harbor School

22450 Hancock Ave, Punta Gorda, FL, 33980

Grades PK-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby