2100 Kings Hwy #37 · Port Charlotte, FL 33980

$99,000

2 bd · 2.0 ba · 864 sqft · Manufactured public records · 410 Days on market

Built 1978 4,829 sqft lot Est $105k · 6% under $396/mo HOA · 21% of rent

---

Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +10.2/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.6/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +1.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This charming 2-bedroom, 2-bathroom home is situated on a desirable perimeter lot, offering added privacy and backyard space. Inside, you'll find a bright and spacious layout featuring updated kitchen with wood cabinets, updated interior walls and a large sunroom that is perfect for relaxing or entertaining. The kitchen includes a convenient pass-through breakfast bar to the spacious living and dining area, creating a welcoming atmosphere. The primary bedroom includes an en-suite bathroom with a walk-in shower, while the second bathroom offers a shower/tub combination. On the exterior you will certainly enjoy the rear covered patio and of course the large 180sq foot shed with roll-up door,

Key facts

• Perimeter lot
• Large sunroom
• Rear covered patio

Tags

• PERIMETER LOT
• UPDATED KITCHEN
• LARGE SUNROOM
• REAR COVERED PATIO
• LARGE SHED
• GOLF COURSE COMMUNITY

Property features AI

Finance

• Other: Property type: Residential; Property sub type: Manufactured Home; Lot size approximately 0.11 acres; Number of rooms: 6; Living area reported as 864 sq ft (building area 1,044 sq ft); Furnished: Yes
• Financial info: Total monthly fees listed as $396; Total annual fees listed as $4,752; Lease restrictions apply
• HOA & community: Has HOA with monthly fee of $365; Association requires approval; Association amenities: clubhouse, fitness center, pool, spa/hot tub, tennis courts, pickleball courts, shuffleboard, golf, recreation facilities, gated entry, security, community mailbox, private road, restrictions on vehicles and fences, optional additional fees, laundry; On-site property manager; Senior community; Buyer approval required

Exterior

• Parking: Covered driveway; Carport with 2 spaces
• Security: Gated community; 24-hour guard (included with HOA)
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Cable available; Fiber optics available; Phone available; Underground utilities; Sprinkler recycled
• Home design: Manufactured home (double wide); One story; East facing; Completed condition
• Construction: Vinyl siding construction; Shingle roof; Crawlspace foundation; Built by Jacobsen
• Exterior features: Covered enclosed patio; Screened patio; Side porch; Shed(s); Mature landscaping; Paved lot; Private maintained road; Irrigation equipment

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Built-in features; Ceiling fans
• Laundry & utility: Washer; Dryer; Laundry located outside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $99k.

Deal economics

• At list price, monthly cash flow is $403 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Recommended offer: $87k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.2% vs local median 4.4% in Port Charlotte — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 65/100 on livability (#655 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Charlotte (suburban): math 54% / reading 54% proficiency, ranked #22 of 73 in FL (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Kingsway Elementary School (math 55% / reading 53%, grade C, #936 of 2,144 statewide, top 44%, 596 students, 58% FRL); Charlotte High School (math 44% / reading 46%, grade D-, #228 of 667 statewide, top 35%, 1,994 students, 41% FRL) — zoned schools at 49% FRL track the district average.
• Market conditions: Rents falling (-4.0%/yr); 600 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
• This rent runs 35% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Charlotte County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 410 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $20k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $28k; list at $99k implies a 254% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 21% of rent.
• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 410 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.87% ✓
• Cap rate: 11.18%
• Cash-on-cash: 17.44%
• DSCR: 1.78
• GRM: 4.5

CMA / ARV

• ARV (on-the-fly): $105,408
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2100 Kings Hwy #288	0.00mi	2/2.0	864 (0%)	4mo	$77,500	$90	97
2100 Kings Hwy #545	0.00mi	2/2.0	864 (0%)	6mo	$51,000	$59	95
2100 Kings Hwy #591	0.52mi	2/2.0	864 (0%)	2mo	$105,000	$122	75
2100 Kings Hwy #58	0.52mi	2/2.0	912 (+6%)	3mo	$125,000	$137	64

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 4.4%
• Equity multiple: 1.16×
• Total profit: $4,462
• Equity at exit: $14,761

10-year hold

• IRR: 9.7%
• Equity multiple: 1.61×
• Total profit: $17,041
• Equity at exit: $8,560

Cash invested: $27,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33980

• Home prices YoY: -5.0%
• Rents YoY: -4.0%
• Active inventory: 600
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,849 high
• Mortgage (P&I): −$519
• Tax from tax record: −$101 /mo · $1,213/yr
• Insurance: −$41
• HOA: −$396
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $403

Break-even live

Break-even rent $1,339

Max offer price $99,000

Occupancy floor 73%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1999 Kings Hwy Port Charlotte, FL	2.0	1.0–2.0	906	$1,800	$1.99	21d	2	0.69mi
1499 Capricorn Blvd Port Charlotte, FL	2.0	2.0	980	$1,495	$1.53	21d	1	0.70mi
25225 Rampart Blvd Punta Gorda, FL	2.0	2.0	886	$1,925	$2.17	21d	5	0.81mi
1200 Loveland Blvd Punta Gorda, FL	1.0–3.0	1.0–2.0	1151	$2,030	$1.76	13d	276	0.99mi
2060 Willow Hammock Cir Unit D304 Punta Gorda, FL	2.0	2.0	924	$1,600	$1.73	21d	1	1.13mi
2121 Heron Lake Dr #204 Punta Gorda, FL	2.0	2.0	996	$1,500	$1.51	21d	1	1.14mi
25100 Sandhill Blvd Port Charlotte, FL	2.0	2.0	860	$1,788	$2.08	21d	2	1.41mi
24151 Beatrix Blvd Port Charlotte, FL	3.0	1.0–2.0	990	$1,955	$1.97	13d	28	1.43mi
25050 Sandhill Blvd Unit 5B1 Punta Gorda, FL	2.0	2.0	900	$1,500	$1.67	21d	1	1.46mi

HOA detail

• Monthly dues: $396 · $4,752/yr

Listing history 23 events

1. 2026-06-18
   days on market $99,000 Active 410 DOM
2. 2026-06-17
   days on market $99,000 Active 409 DOM
3. 2026-06-16
   days on market $99,000 Active 408 DOM
4. 2026-06-15
   days on market $99,000 Active 407 DOM
5. 2026-06-14
   days on market $99,000 Active 405 DOM
6. 2026-06-13
   days on market $99,000 Active 404 DOM
7. 2026-06-10
   days on market $99,000 Active 402 DOM
8. 2026-06-09
   days on market $99,000 Active 401 DOM
9. 2026-06-08
   days on market $99,000 Active 400 DOM
10. 2026-06-05
    days on market $99,000 Active 396 DOM
11. 2026-06-02
    days on market $99,000 Active 394 DOM
12. 2026-06-01
    days on market $99,000 Active 393 DOM
13. 2026-05-31
    days on market $99,000 Active 392 DOM
14. 2026-05-30
    days on market $99,000 Active 391 DOM
15. 2026-05-01
    status Active
16. 2026-04-30
    historical
17. 2026-02-05
    price $99,000
18. 2025-10-28
    status Active
19. 2025-10-27
    historical
20. 2025-09-17
    status Active
21. 2025-05-22
    price $109,000
22. 2025-05-01
    listed $119,000 Active
23. 2003-11-01
    soldstatus $28,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,213 · $101/mo
• Projected year-2 tax: $1,213 · $101/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 40% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,185
• − Mortgage interest: −$5,546
• − Property taxes: −$1,213
• − Insurance: −$495
• − Repairs & maintenance: −$1,775
• − Management: −$1,775
• − HOA: −$4,752
• − Depreciation: −$2,880
• Taxable income: $3,749
• Est. tax owed @ 24.0%: −$900
• After-tax cash flow: $3,936/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Charlotte
• NCES district ID: 1200240
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 54% ▼ -1.00%
• Median HH income: $44,864
• Composite: 45.62/100
• National rank: #2586
• State rank: #22 of 73 in FL

Livability — Port Charlotte

• Score: 65/100
• State rank: #655
• US rank: #13081

Category grades

Amenities F Commute F Cost of living A+ Crime C+ Employment D Housing A+ Health & safety D- User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Charlotte County · 196,994 people
• City population: 102,180
• Metro: Punta Gorda, FL
• Population (ZIP): 13,120
• Household income: $63,591
• Rent vs Own: 24.3% rent · 75.7% own
• Severe rent burden: 612.0

Population outlook (Charlotte County) Hauer SSP2

• Today (2025): 198,646 people
• By 2030: 210,507 · +6.0%
• By 2040: 230,857 · +16.2%
• By 2050: 247,148 · +24.4%
• By 2075: 281,777 · +41.8%
• By 2100: 293,609 · +47.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Hispanic / Latino 10% Two or more races 10% Black 9%
• Hispanic origin (detail): Puerto Rican 3% Cuban 2% Dominican 2%
• Common ancestry: Romanian 5% Hispanic 4% Slovak 3%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 85% English-only · Spanish 8% French/Haitian/Cajun 5% German/W. Germanic 1%

Political lean MEDSL · Charlotte

• 2024 margin: Solid R (+34.0) · D 32.7% · R 66.7%
• 2008→2024 swing: -26.7pp toward R · 2008: -7.2pp · 2024: -34.0pp
• All cycles: 2024: R+34.0 2020: R+26.6 2016: R+27.8 2012: R+14.3 2008: R+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -16.02%
• Current HPI: 306.3331
• Rent YoY: ▼ -4.04%
• Metro: Punta Gorda, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+253.6% since first listed

9 events — show timeline

• 2026-05-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Price Changed $99,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-10-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-09-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-05-22 Price Changed $109,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-01 Listed $119,000 Stellar MLS as Distributed by MLS Grid
• 2003-11-01 Sold (Public Records) $28,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $1,213 · +4.2% YoY. Source: county tax records.