18545 JAY AVENUE
Port Charlotte, FL 33948
$249,000
INVESTOR OPPORTUNITY! Currently generating $2,800 per month in rental income—that's $33,600 annually! This spacious 5-bedroom, 3-bathroom pool home in Port Charlotte offers an attractive combination of existing rental income, extensive improvements, and long-term investment potential. Situated on an approximately 0.23-acre lot with a garage, the property has undergone substantial renovations, including many of the big-ticket improvements investors look for. Updates include new plumbing supply and drain lines, upgraded electrical with a 200-amp Square D panel, new HVAC system and ductwork, added wall and ceiling insulation, hurricane windows, and a new water heater. Inside, the home features new flooring throughout, updated doors and hardware, a remodeled kitchen with new cabinetry, countertops, and appliances, and renovated bathrooms with updated vanities, tubs, showers, and fixtures. The generous five-bedroom layout, additional bonus spaces, and private swimming pool provide desirable features for attracting and retaining tenants. The property does need a roof replacement and minor vinyl siding repairs in two areas, offering an opportunity for an investor to complete the remaining improvements while benefiting from the extensive renovations already completed. Conveniently located near shopping, dining, boating, fishing, golf, and Gulf Coast beaches, with easy access to Punta Gorda and surrounding communities. With $33,600 in annual gross rental income already in place, this is an opportunity to acquire an income-producing property without starting from scratch. Whether you're expanding an established rental portfolio or purchasing your first investment property, this one is worth a closer look. Schedule ...
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Listing Courtesy of: RE/MAX ALLIANCE GROUP
941-954-5454
| Listing Id: | A4709563 |
|---|---|
| List Price: | $249,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 3 |
| Living Area: | 1,735 |
| Tax Annual Amount: | $4,100 |
| Lot Size Square Feet: | 10,000 |
| Lot Size Acres: | 0.23 |
| Waterfront?: | No |
| City: | Port Charlotte |
| County Or Parish: | Charlotte |
| Subdivision Name: | Port Charlotte Sec 008 |
| Postal Code: | 33948 |
| Year Built: | 1981 |
| Appliances: | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer |
| Bathrooms Total Integer: | 3 |
| Building Area Source: | Public Records |
| Building Area Total: | 2532 |
| Building Area Units: | Square Feet |
| Direction Faces: | North |
| Foundation Details: | Slab |
| Construction Materials: | Vinyl Siding, Frame |
| Cooling: | Central Air |
| Directions: | From US-41 (Tamiami Trail), head west on Edgewater Drive. Turn right onto Pellam Boulevard, then right onto Jay Avenue. Continue to 18545 Jay Avenue. |
| Exterior Features: | Lighting, Rain Gutters, Storage |
| Flooring: | Ceramic Tile |
| Furnished: | Unfurnished |
| Heating: | Central |
| Interior Features: | Ceiling Fans(s), Walk-In Closet(s) |
| Laundry Features: | Inside, Laundry Room |
| Levels: | One |
| Listing Contract Date: | 2026-10-26 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.23 |
| Lot Size Dimensions: | 80x125 |
| Postal Code Plus4: | 7511 |
| MLS Area Major: | 33948 - Port Charlotte |
| MLS Area Major: | 33948 - Port Charlotte |
| Original List Price: | $249,000 |
| Parcel Number: | 402220354001 |
| Pool Features: | In Ground |
| Stories Total: | 1 |
| Township: | 40S |
| Road Surface Type: | Asphalt |
| Roof: | Metal, Shingle |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Electricity Connected, Water Connected |
| Water Source: | Public |
| Public Survey Range: | 22E |
| Public Survey Section: | 20 |
| Zoning: | RSF3.5 |
| Alternate Key Folio Num: | 402220354001 |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 235.23 |
| Calculated List Price By Calcula: | 143.52 |
| Cddyn: | No |
| Exist Lse Tenant Yn: | Yes |
| Flood Zone Code: | AE |
| Flood Zone Date: | 2022-12-15 |
| Flood Zone Panel: | 12015C0207G |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 161.19 |
| Lot Size Square Meters: | 929 |
| Minimum Lease: | 8-12 Months |
| Month To Month Or Weekly Yn: | No |
| Room Count: | 3 |
| Sdeo yn: | No |
| Sw Subdiv Community Name: | Port Charlotte |
| Total Acreage: | 0 to less than 1/4 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 941-954-5454 |
| Originating System Name : | Stellar MLS |
| In Law Suite Yn: | No |
| Green Energy Generation Yn: | No |
| Pool Private?: | Yes |
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Property Last Updated: October 27, 2026 03:16 AM - ET
