19505 Quesada Ave Unit CC205 · Port Charlotte, FL
Flood risk 7/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.74%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- 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 +17.8/30.0
- ARV discount +11.3/15.0
- 1% rule +8.2/10.0
- DSCR +5.6/10.0
- Schools +4.5/10.0
- Livability +3.2/5.0
- Condition / age +2.2/5.0
- Rent growth +2.1/5.0
- Appreciation +0.0/10.0
$129,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Beautiful 2-Bedroom, 2-Bath Condo in Desirable Oaks IV Welcome to this lovely second-floor 2-bedroom, 2-bath condo in the desirable Oaks IV community! This beautifully maintained home offers a spacious open living area, a convenient side by side bedroom floor plan, and an inside laundry for added comfort and convenience. Step outside to your screened-in balcony and relax while enjoying peaceful views of the beautifully landscaped grounds. Oaks IV offers a quiet, well-maintained setting with low association dues and wonderful community amenities, including a sparkling pool, clubhouse, shuffleboard, and scenic walking paths.
Key facts
- Clubhouse
- Community pool
- Screened balcony
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $129k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $39 ($466/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $129k).
- Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.3% vs local median 3.9% 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: Liberty Elementary School (math 56% / reading 56%, grade C+, #832 of 2,144 statewide, top 40%, 622 students, 56% FRL); Murdock Middle School (math 50% / reading 45%, grade C-, #288 of 571 statewide, top 51%, 577 students, 56% FRL); Port Charlotte High School (math 23% / reading 38%, grade F, #434 of 667 statewide, top 66%, 1,649 students, 43% FRL) — zoned schools at 52% FRL track the district average.
- Market conditions: Rents soft (-1.6%/yr); 1131 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
- This rent runs 33% of the median local income ($63k/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 $892 of loan paydown is wiped out by about $4k 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 210 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; HOA is 20% of rent.
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 210 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.32% ✓
- Cap rate
- 7.27%
- Cash-on-cash
- 3.50%
- DSCR
- 1.16
- GRM
- 6.3
CMA / ARV
- ARV (median comp)
- $140,997
- List price
- $129,000
- Delta
- -8.51%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 19505 Quesada Ave Unit C201 | 0.05mi | 2/2.0 | 899 (0%) | 0mo | $143,639 | $160 | 97 |
| 1515 Forrest Nelson Blvd Unit P101 | 0.29mi | 2/2.0 | 899 (0%) | 0mo | $120,000 | $133 | 86 |
| 1515 Forrest Nelson Blvd Unit B206 | 0.29mi | 2/2.0 | 899 (0%) | 1mo | $115,000 | $128 | 86 |
| 1515 Forrest Nelson Blvd Unit O104 | 0.29mi | 2/2.0 | 899 (0%) | 1mo | $105,000 | $117 | 86 |
| 1515 Forrest Nelson Blvd Unit B205 | 0.29mi | 2/2.0 | 899 (0%) | 1mo | $119,000 | $132 | 85 |
| 19505 Quesada Ave Unit RR202 | 0.14mi | 2/2.0 | 838 (-7%) | 0mo | $137,250 | $164 | 82 |
| 19505 Quesada Ave Unit EE202 | 0.17mi | 2/2.0 | 838 (-7%) | 0mo | $130,000 | $155 | 80 |
| 821 Silver Springs Ter NW | 0.86mi | 2/2.0 | 888 (-1%) | 1mo | $244,999 | $276 | 62 |
| 18415 Timothy Ave | 1.20mi | 2/1.0 | 902 (+0%) | 2mo | $115,000 | $127 | 59 |
| 2009 Barksdale St | 1.47mi | 2/2.0 | 930 (+3%) | 0mo | $217,000 | $233 | 59 |
| 21084 Quesada Ave | 1.35mi | 2/1.0 | 924 (+3%) | 1mo | $125,000 | $135 | 56 |
| 19934 Midway Blvd | 1.19mi | 2/2.0 | 1,104 (+23%) | 1mo | $143,000 | $130 | 39 |
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
- IRR
- -19.0%
- Equity multiple
- 0.36×
- Total profit
- $-23,136
- Equity at exit
- $19,234
- IRR
- -24.8%
- Equity multiple
- 0.03×
- Total profit
- $-35,091
- Equity at exit
- $11,154
Cash invested: $36,120 (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
Active competition Active MLS
- For sale now
- 1 active · 3 under contract
- Median asking
- $205,000 ($203/sqft)
- Median days on market
- 31 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -22.7% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33948
- Home prices YoY
- -14.9%
- Rents YoY
- -1.6%
- Active inventory
- 1131
- Price-to-rent
- 6.3×
Monthly cashflow live
- Estimated rent
- $1,701 high interval (Pro) →
- Mortgage (P&I)
- −$676
- Tax est. 1.5%
- −$161 /mo · $1,935/yr
- Insurance
- −$54
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$347
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$357
- Net cashflow
- $39
Break-even live
Sensitivity live
| Price | -10% $128 | -5% $83 | +0% $39 | +5% $-6 | +10% $-50 |
|---|---|---|---|---|---|
| Rent | -10% $-96 | -5% $-28 | +0% $39 | +5% $106 | +10% $173 |
| Rate | -1.0pp $104 | -0.5pp $72 | base $39 | +0.5pp $5 | +1.0pp $-29 |
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
- $32,250
- Closing costs
- $3,870
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 15 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 19505 Quesada Ave Port Charlotte, FL | 1.0–2.0 | 1.0–2.0 | 794 | $1,500 | $1.89 | 4d | 6 | 0.14mi |
| 19505 Quesada Ave Port Charlotte, FL | 1.0–2.0 | 1.0–2.0 | 794 | $1,500 | $1.89 | 6d | 7 | 0.14mi |
| 1515 Forrest Nelson Blvd Port Charlotte, FL | 1.0–2.0 | 1.0–2.0 | 824 | $1,400 | $1.70 | 6d | 2 | 0.25mi |
| 1515 Forrest Nelson Blvd Port Charlotte, FL | 2.0 | 2.0 | 899 | $2,000 | $2.22 | 117d | 2 | 0.25mi |
| 1515 Forrest Nelson Blvd Unit Q204 Port Charlotte, FL | 2.0 | 2.0 | 960 | $1,400 | $1.46 | 4d | 1 | 0.30mi |
| 19584 Carob Ct Port Charlotte, FL | 2.0 | 1.0 | 825 | $2,800 | $3.39 | 6d | 1 | 0.41mi |
| 20005 Chalkleaf Ct Port Charlotte, FL | 2.0 | 2.0 | 825 | $1,395 | $1.69 | 6d | 1 | 0.50mi |
| 20012 Goldcup Ct Port Charlotte, FL | 2.0 | 2.0 | 923 | $1,595 | $1.73 | 117d | 1 | 0.58mi |
| 1051 Forrest Nelson Blvd Unit A204 Port Charlotte, FL | 2.0 | 2.0 | 858 | $1,450 | $1.69 | 6d | 1 | 0.70mi |
| 19325 Water Oak Dr #205 Port Charlotte, FL | 2.0 | 1.5 | 856 | $1,700 | $1.99 | 0d | 1 | 0.71mi |
| 1003 Tropical Ave NW Port Charlotte, FL | 2.0 | 1.5 | 912 | $1,800 | $1.97 | 6d | 1 | 0.79mi |
| 425 Ricold Ter Port Charlotte, FL | 2.0 | 2.0 | 912 | $1,400 | $1.54 | 117d | 1 | 0.97mi |
| 18336 Twilite Ave Port Charlotte, FL | 2.0 | 2.0 | 925 | $1,336 | $1.44 | 6d | 1 | 1.27mi |
| 21026 Glendale Ave Port Charlotte, FL | 2.0 | 1.0 | 812 | $1,400 | $1.72 | 117d | 1 | 1.36mi |
| 21061 Midway Blvd Port Charlotte, FL | 2.0 | 1.0 | 897 | $1,600 | $1.78 | 117d | 1 | 1.40mi |
Property features AI
Finance
- Other
- FurnishedHomestead status claimed
- Financial info
- Lease restrictions apply
- HOA & community
- HOA with monthly condo fee of $347 (includes cable TV, grounds maintenance, general maintenance, pest control, pool, private road, security, sewer, trash)Monthly condo/association fees total $347 ($4,164 annually)Association approval requiredCommunity clubhouse, pool, sidewalks, and street lightsCats and dogs allowed
Exterior
- Parking
- Directions indicate community parking areas (unit located upstairs)
- Security
- Community security included in association
- Utilities
- Public waterPublic sewerElectricity availableCable availableSewer connectedWater connected
- Home design
- CondominiumResidential propertyCompleted conditionFaces westTwo stories
- Construction
- Concrete constructionShingle roofBlock and slab foundationBuilt as part of building CC
- Exterior features
- Screened patio/porchBalconyPrivate heated in-ground pool with screen enclosure
Interior
- Kitchen
- Convection ovenMicrowaveRefrigeratorGarbage disposal
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetLaminateTile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Electric heatingCentral air conditioning
- Interior features
- Ceiling fansLiving room / dining room combo8 total roomsSecond-floor unit
- Laundry & utility
- WasherDryerLaundry closet
HOA detail $347/mo · $4,164/yr condo
- Likely covers
- landscapingpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-24days on market $129,000 Active 210 DOM
-
2026-09-24days on market $129,000 Active 209 DOM
-
2026-09-22days on market $129,000 Active 208 DOM
-
2026-09-21days on market $129,000 Active 207 DOM
-
2026-09-20days on market $129,000 Active 206 DOM
-
2026-09-19days on market $129,000 Active 205 DOM
-
2026-09-17days on market $129,000 Active 203 DOM
-
2026-09-16days on market $129,000 Active 202 DOM
-
2026-09-15days on market $129,000 Active 201 DOM
-
2026-09-14days on market $129,000 Active 200 DOM
-
2026-09-13days on market $129,000 Active 199 DOM
-
2026-09-12days on market $129,000 Active 198 DOM
-
2026-09-11days on market $129,000 Active 197 DOM
-
2026-09-05days on market $129,000 Active 191 DOM
-
2026-09-04days on market $129,000 Active 190 DOM
-
2026-09-03days on market $129,000 Active 189 DOM
-
2026-08-31days on market $129,000 Active 186 DOM
-
2026-08-30days on market $129,000 Active 185 DOM
-
2026-08-29days on market $129,000 Active 184 DOM
-
2026-08-28days on market $129,000 Active 183 DOM
-
2026-08-27days on market $129,000 Active 182 DOM
-
2026-08-26days on market $129,000 Active 181 DOM
-
2026-08-25days on market $129,000 Active 180 DOM
-
2026-08-23days on market $129,000 Active 178 DOM
-
2026-08-22days on market $129,000 Active 177 DOM
-
2026-08-21remarks 699-char remark
-
2026-08-21days on market $129,000 Active 176 DOM
-
2026-08-20days on market $129,000 Active 175 DOM
-
2026-08-19days on market $129,000 Active 174 DOM
-
2026-08-18days on market $129,000 Active 173 DOM
-
2026-08-17days on market $129,000 Active 172 DOM
-
2026-08-16days on market $129,000 Active 171 DOM
-
2026-08-15days on market $129,000 Active 170 DOM
-
2026-08-14days on market $129,000 Active 169 DOM
-
2026-08-13days on market $129,000 Active 168 DOM
-
2026-08-12days on market $129,000 Active 167 DOM
-
2026-08-11days on market $129,000 Active 166 DOM
-
2026-08-10days on market $129,000 Active 165 DOM
-
2026-08-09days on market $129,000 Active 164 DOM
-
2026-08-08days on market $129,000 Active 163 DOM
-
2026-08-07days on market $129,000 Active 162 DOM
-
2026-08-06days on market $129,000 Active 161 DOM
-
2026-08-05days on market $129,000 Active 160 DOM
-
2026-08-04days on market $129,000 Active 159 DOM
-
2026-08-03days on market $129,000 Active 158 DOM
-
2026-08-01days on market $129,000 Active 155 DOM
-
2026-07-29days on market $129,000 Active 153 DOM
-
2026-07-27days on market $129,000 Active 151 DOM
-
2026-07-25days on market $129,000 Active 149 DOM
-
2026-07-24days on market $129,000 Active 148 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 7/10 Severe FEMA zone X (shaded) · 74% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,412
- − Mortgage interest
- −$7,226
- − Property taxes
- −$1,935
- − Insurance
- −$1,442
- − Repairs & maintenance
- −$1,633
- − Management
- −$1,633
- − HOA
- −$4,164
- − Depreciation
- −$3,753
- Taxable loss
- −$1,374
- Est. tax savings @ 24.0%
- +$330
- After-tax cash flow
- $796/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.
Condition & rehab AI · 13 photos
This 2-bedroom, 2-bath second-floor condo is in fair condition with cosmetic repairs needed. The home is located in a desirable association with amenities and is conveniently located near shopping, dining, and medical centers.
Repairs flagged
- Minor Living room carpet — The carpet in the living room looks worn and could benefit from a cleaning or replacement.
- Minor Bedroom carpet — The carpet in the bedrooms looks worn and could benefit from a cleaning or replacement.
Value-add opportunities
- Resale Paint interior walls — Fresh paint can make a significant difference in the appearance of a home and can be a selling point for potential buyers. ↑
- Resale Replace living room carpet — A fresh carpet can make a room look more inviting and can be a selling point for potential buyers. ↑
- Resale Replace bedroom carpet — A fresh carpet can make a room look more inviting and can be a selling point for potential buyers. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Port Charlotte, FL
- County
- Charlotte County · 198,646 people
- City population
- 102,180
- Metro
- Punta Gorda, FL
- Population (ZIP)
- 18,696
- Household income
- $62,744
- Rent vs Own
- Severe rent burden
- 24% of renters
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 (79%)
- Race & ethnicity
- White 79% Two or more races 8% Black 7% Hispanic / Latino 7% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 1%
- Common ancestry
- Lithuanian 5% Romanian 4% Iranian 2%
- Foreign-born
- 11% · Canada
- Languages at home
- 88% English-only · Spanish 5% Russian/Polish/Slavic 2% Other Indo-European 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
- ▼ -55.31%
- Current HPI
- 315.0548
- Rent YoY
- ▼ -1.63%
- 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 |
|
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Price history
-11.0% since first listed3 events — show timeline
- 2026-05-22 Price Changed $129,000 Stellar MLS as Distributed by MLS Grid
- 2026-03-05 Price Changed $135,000 Stellar MLS as Distributed by MLS Grid
- 2026-02-26 Listed $145,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…