Renovated Condo in Port
2290 AARON STREET 302 Port Charlotte, FL 33952
For Sale
$129,900
Pending
Updated 2-bedroom condo with modern amenities and community features.
Property Size919 SF
Lot Size0.02 Acres
Days on Market558
Property Features for 2290 AARON STREET 302
General Information
- Standard status
- Pending
- Size
- 919 SF
- Lot size
- 0.02 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1975
Listing Agency:
RE/MAX PALM REALTY
(941) 875-5747
Listed By:
Priscilla Perez-McGuire · License #3257733
(941) 875-5747
Source:
Exitrealty
Added: Jan 11, 2025
Changed: Jul 6
Last Checked: Apr 6 at 12:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX PALM REALTY
Investment Insights
Based on property information with market context.
Located in Port Charlotte, this renovated 2-bedroom, 2-bath condo is situated on the 3rd floor of the Chelsea House, accessible via an elevator. The unit features hurricane-impact windows, laminate wood flooring, modern bath vanities, fresh paint, a new A/C unit, a water heater, and an updated electric panel. The open floor plan integrates the living room, dining area, and Florida room. The kitchen includes white shaker cabinets, stainless steel appliances, and updated lighting. The Florida room offers views of the community's recreational area. The Chelsea House building features a new roof and refreshed flooring, with a laundry area on the 3rd floor. An assigned carport is being installed. Community amenities include a large pool, barbecue area, shuffleboard courts, and tennis courts. The property is located near the Sunseeker Resort, shopping centers, and major hospitals. Beaches are a 30-minute drive away, and PGD Airport is 15 minutes away. The unit has 919 square feet of space and comes furnished.
Key Highlights
- Completely renovated with new hurricane‑impact windows, A/C, water heater, electric panel, flooring, and stainless steel appliances.
- Move‑in ready and furnished.
- Located in the heart of Port Charlotte, minutes from Sunseeker Resort, shopping, and hospitals.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.4k | $20.04 |
| − Vacancy | −$3.7k | −$3.99 |
| EGI | $14.8k | $16.05 |
| − OpEx | −$6.6k | −$7.22 |
| NOI | $8.1k | $8.83 |
919 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$115.9K
$101.4K – $135.2K
NOI $8,114 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.9K
$263.3K – $351.1K
NOI $21,063 @ 7.0% cap · market cap 16.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Delta Dental
Financial Advisor
Chelsea House Inc
Hotel & Motel
FAQs
What type of property is this?
Residential income property - Updated 2-bedroom condo with modern amenities and community features.
Where is this residential income property located?
The property is located at 2290 AARON STREET 302 Port Charlotte, FL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Completely renovated with new hurricane‑impact windows, A/C, water heater, electric panel, flooring, and stainless steel appliances.; Move‑in ready and furnished.; Located in the heart of Port Charlotte, minutes from Sunseeker Resort, shopping, and hospitals.
