OFF_MARKETAverage Deal5 days on market

101 N Marion Ct Unit 213

101 N Marion Ct Unit 213, Punta Gorda, FL 33950, Punta Gorda, FL 33950
$273,000
Zestimate®:$266,000

Listing Price

Property image 1
101 N Marion Ct Unit 213, Punta Gorda, FL 33950
Loc: Punta Gorda, FL
Days Listed
5
Tax Assessed
$318k
Zestimate®
$266k
Market Rate
Lot Size
1,789 sqft
Rent Estimate
$2,086/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Sallie Jones Elementary School

PK-5
3.2 mi away
4

Punta Gorda Middle School

6-8
3.6 mi away
4

Charlotte High School

9-12
3.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Average
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
6.41%
Total ROI
21.7%
Cash Flow
$79/mo
DSCR
1.06
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

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Haven AI

This Punta Gorda condo offers an attractive entry price of $273,000 for a spacious 3-bedroom unit, but the investment profile is highly sensitive. While the 6.41% rental yield is solid, the projected monthly cash flow of $78.96 is dangerously thin. For a Florida condo, this negligible margin is highly vulnerable to rising HOA fees, special assessments, and soaring insurance premiums, which could easily push the asset into negative territory. While a 4% appreciation rate provides long-term equity growth, conservative investors should proceed with caution, as current operational cash flow offers virtually no safety margin.

Strengths
  • Spacious 1,592 sqft 3-bed layout appeals to stable, long-term family tenants
  • Accessible entry price point of $273,000 in a desirable coastal Florida submarket
  • Reasonable gross rental yield of 6.41% provides a solid base for gross revenues
Considerations
  • Negligible cash flow of $78.96/mo leaves zero margin for unexpected maintenance or vacancy
  • High vulnerability to rising Florida HOA fees and post-surfside special assessments
  • Escalating property and windstorm insurance premiums in Florida could quickly wipe out all profitability
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-16Listed for sale$273,000$171
2024-07-11Listing removed$425,000$267
2023-11-28Listed for sale$425,000$267
2021-05-07Sold$380,000$239
2018-11-30Sold$320,000$201
2018-11-17Pending sale$329,900$207
2018-09-17Price change$329,900$207
2018-02-04Price change$329,000$207
2018-01-18Listed for sale$349,000$219
2015-03-04Sold$270,000$170
2015-02-11Pending sale$285,000$179
2015-02-10Listed for sale$285,000$179
2015-02-10Pending sale$285,000$179
2015-01-06Price change$285,000$179
2014-06-01Listed for sale$295,000$185
2008-05-07Sold$285,000$179
1999-11-30Sold$192,000$121
1997-08-29Sold$150,000$94
1994-03-30Sold$110,000$69

Tax History

YearProperty TaxTax Assessment
2025$5,284.72$318,002
2024$6,005.16$358,598
2023$6,078.85$355,757
2022$5,542.71$323,415
2021$4,904.38$278,759
2020$4,746.1$276,053
2019$4,919.33$282,819
2018$3,267.83$239,807
2017$3,267.83$234,875
2016$3,242.35$230,044
2015$3,233.14$224,631
2014$3,885.39$136,439
2013$1,683.79$132,176
2012$1,637.61$128,326
2011$1,515.32$128,326
2010$1,731.77$137,985
2009$1,932.27$155,481
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,592
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $273,000Rent Basis: Observed Comp Model ($2,086/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.26%

NOI: $14,358/yr

Cash-on-Cash Yield
-4.2%

On $62,790 invested

DSCR Ratio
0.84x

Negative debt coverage

5-Yr Leveraged ROI
+73.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$260/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$104/mo
Repairs & Maintenance (10% of rent)-$209/mo
Property Management (8% of rent)-$167/mo
Total Pure Operating Expenses-$889/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,086/mo
Less: Operating Expenses-$889/mo
Net Operating Income (NOI)+$1,197/mo
Less: Debt Service (30yr @ 6.75%)-$1,417/mo
Net Cash Flow
$-220/mo
$-2,640/year
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