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    Updated First Floor End Unit Title is generated by Realmo AI

    5725 GREENWOOD AVENUE 8101, North Port, FL 34287

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    For Sale
    $205,000

    Tastefully updated condominium with community pool access in North Port.

    Type:Condo/Townhome
    Property size:
    1,153 SF
    Lot size:
    5.09 Acres
    Price / SF:
    $177/SF
    Added:
    Mar 23, 2026
    Days on Market:
    78
    Last Refresh:
    Apr 5 at 9:59 pm

    Property Features for 5725 GREENWOOD AVENUE 8101

    General Information

    Standard status
    Active
    Size
    1,153 SF
    Lot size
    5.09 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2001

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    Listing Contact
    Joanne Walters
    Joanne Walters

    Listing agent Joanne Walters License #3270405

    Listing office PARADISE EXCLUSIVE INC

    Listing date Mar 23, 2026

    Source Exitrealty

    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 PARADISE EXCLUSIVE INC

    HighLights

    • First floor, end unit located directly next to the community pool for ultimate convenience.
    • Tastefully updated with granite countertops and stainless‑steel appliances in the spacious kitchen.
    • Split‑bedroom layout provides privacy with a master suite including ensuite bath and access to a private lanai.
    • Low $270/monthly HOA fees include grounds care, pest control, and water/sewer.
    • New roof installed in 2023.
    • Located in North Port, near Downtown Wellen Park, CocoPlum Village Shoppes, and Venice Beaches.

    Overview

    This updated condominium is a first-floor end unit. The residence features a kitchen equipped with granite countertops, stainless-steel appliances, a large closet pantry, and a breakfast bar that overlooks the open-concept living and dining area. A breakfast nook is also present. The split-bedroom layout includes a master suite with space for a king-size bed, two closets, an ensuite bath with a step-in shower, and lanai access via a sliding glass door. The guest quarters include a second bedroom, a full bath with a tub/shower combination, and a laundry closet. The community provides grounds care and pest control. Water and sewer are included in the $270 monthly HOA fees. A new roof was installed in 2023. The property is located in North Port, near Downtown Wellen Park, CocoPlum Village Shoppes, and Venice Beaches. The property size is 1153 square feet.

    Local 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 $21.3k $18.48
    − Vacancy −$2.2k −$1.92
    EGI $19.1k $16.56
    − OpEx −$8.6k −$7.45
    NOI $10.5k $9.11
    1,153 SF · lease $18.48/SF/yr · vacancy 10.40% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $150.0K
    $131.3K – $175.0K (±1% cap)
    NOI $10,500 @ 7.0% cap · market cap 5.12%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $327.7K
    $286.7K – $382.3K (±1% cap)
    NOI $22,938 @ 7.0% cap · market cap 11.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.2305311
    Latitude
    27.0454019

    FAQs

    What type of property is this?
    Residential income property - Tastefully updated condominium with community pool access in North Port.
    Where is this residential income property located?
    The property is located at 5725 GREENWOOD AVENUE 8101 North Port, FL.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: First floor, end unit located directly next to the community pool for ultimate convenience.; Tastefully updated with granite countertops and stainless‑steel appliances in the spacious kitchen.; Split‑bedroom layout provides privacy with a master suite including ensuite bath and access to a private lanai.
    More about this property
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