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18545 JAY AVENUE

House For Sale
$249,000

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2 days
5 bds
3 ba
1,735 sqft

Overview

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 your private showing today!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1981
Lot:
0.23 Acres
Heating:
Central
Price/sqft:
$144
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$332,450
$274K – $459K
Confidence Low
List vs. estimate
$83K below estimate
List $249,000 · -25.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$143
-32.0% vs. city median $211
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,099
2025
Pool
In Ground
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: French Doors / Lighting / Rain Gutters / Storage

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 402220354001

    • Zoning: RSF3.5

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,100

  • Source details

    • MLS ID: A4709563

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Pool Features: In Ground

    • Direction Faces: North

    • Living Area: 1735

    • Water Source: Public

    • Lot Size Dimensions: 80 x 125

    • Subdivision Name: PORT CHARLOTTE SEC 008

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX ALLIANCE GROUP