New Construction
Address
3837 Uriah STREET, NORTH PORT, FL
Price
$ 3,500,000
Property Attributes
  • MLS#A4609728
  • TypeIncome
  • CountySARASOTA
  • CityNORTH PORT
  • AreaNorth Port
  • NeighborhoodPort Charlotte Sub 34
  • Zip34288
  • StyleMulti Family
  • Year Built2024
  • Taxes$ 6296
  • Price$ 3,500,000
  • Bedrooms30
  • Full Bathrooms20
  • Half Bathrooms0
  • Sqr Footage15070
  • Lot Size0.23 Acres
Data Source:
Stellar MLS
Property Description

Explore an attractive investment opportunity with a portfolio of ten (or more) newly constructed homes closely situated in the thriving city of North Port. Each of these contemporary residences boasts 3 bedrooms, 2 bathrooms, and a spacious 1,507 square feet of living space, ideal for rental income generation in one of the country’s fastest growing communities. A uniform floorplan and identical finishes/colors throughout make this low-maintenance portfolio ideal for investors looking for something “plug-and-play.” Upscale features include luxury vinyl plank flooring, granite countertops, stainless steel appliances, and modern light fixtures, ensuring tenant appeal and minimal maintenance. The open floor plan with vaulted ceilings and spacious covered porches creates a welcoming environment for renters, perfect for families or individuals seeking comfort and style. With no HOA fees or deed restrictions, these properties offer flexibility for rental management and tenant selection. Conveniently located near parks, shopping centers, dining venues, and entertainment spots, these homes promise desirable rental opportunities in North Port's vibrant community. Tenants can enjoy easy access to amenities like the North Port Aquatic Center, Wellen Park farmers market, and picturesque beaches. The projected annual income of $26,400 per home underscores the financial viability of this opportunity. Sixteen of these units have already been sold to an institutional investor. With 18 units under construction and another 30 homesites available, the developer is flexible on an investment package that will best suit the investor’s needs. Call for more info and to discuss package pricing.

Elementary School Middle School High School
Atwater Elementary Woodland Middle School North Port High
Price History
5/6/2024 Listed $3,500,000

General Features

Interior Features Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Kitchen/Family Room Combo,Open Floorplan,Solid Wood Cabinets,Stone Counters,Thermostat,Tray Ceiling(s),Vaulted Ceiling(s),Walk-In Closet(s),Window
Sewer Septic Tank
Heating Heat Pump
Cooling Central Air
Utilities BB/HS Internet Available,Cable Available,Electricity Available,Sewer Available,Water Available
Roof Shingle
Appliances Dishwasher,Disposal,Microwave,Range,Refrigerator
Exterior Features Hurricane Shutters,Lighting,Rain Gutters,Sliding Doors
Garage Spaces 2
Patio/Porch Features Covered,Front Porch,Patio
Construction Materials Block,Stucco
Year Built 2024
Levels One
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Sarasota
New Construction Yes
Property Type Residential Income
HOA / Comm Assn No
Attached Garage Yes
Subdivision Name PORT CHARLOTTE SUB 34
Garage Y/N Yes
Status Active
Directions Head south on I-75. Take exit 182 for Sumter Boulevard toward North Port. Keep right at the fork,follow signs for Sumter Boulevard. Turn right onto Sumter Boulevard (signs for North Port). Continue o
High School North Port High
City NORTH PORT
Buyer Agent Compensation 2.5%
Senior Community Y/N No
Total Units 10
MLS Area 34288 - North Port
Lot Size Square Feet 10001
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Uriah
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Atwater Elementary
Tax Annual Amount 6296
Middle/Junior High School Woodland Middle School
Property Condition Completed
Public Remarks Explore an attractive investment opportunity with a portfolio of ten (or more) newly constructed homes closely situated in the thriving city of North Port. Each of these contemporary residences boast
Lease Considered Y/N Yes
Days on Market 1
Builder Name Rescom Contractors
Standard Status Active
Tax Lot 6
Legal Description 3837 URIAH LOT 6 BLK 1772 34TH ADD TO PORT CHARLOTTE
Minimum Lease No Minimum
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Luxury Vinyl,Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Laundry Features Inside,Laundry Room
Total Bedrooms 30
LivingAreaSource Builder
Total Baths 20
Living Area Units Square Feet

Exterior Features

Parking Features Driveway,Garage Door Opener
Water Source Well
Lot Size Area 10001
Foundation Details Slab
Number of Buildings 10
Building Area Total 26244
Lot Size Acres 0.23
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 2
Builder Model 1507
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34288

Price
AVG $3.5M
$3.5M
Taxes
AVG $6,296
$6,296
Visits
AVG 509
524
Data Provided by Inside Real Estate®
Year Built
AVG 2024
2024

Areas We Cover