3310 Loveland Blvd #604 · Charlotte Harbor, FL 33980

$145,000

2 bd · 2.0 ba · 1,044 sqft · Condo public records · 578 Days on market

Built 1989 $303/mo HOA · 15% of rent

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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 +20.5/30.0
• 1% rule +8.5/10.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• Schools +4.6/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Rent growth +1.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back-ups desired, pending buyer 1031 exchange. Delightful 2BR/2BA end unit on first floor with lake view, move-in ready, fully furnished-turnkey and very clean. Two community pools, gazebo, and dock for fishing. Peaceful location yet close to all. Lowmonthly fee.

Key facts

• Ground level
• Screened lanai
• Waterfront

Tags

• GROUND LEVEL
• WATERFRONT
• SCREENED LANAI

Property features AI

Finance

• Other: Lease restrictions apply; Furnished; Association-required approval for buyers
• Financial info: Monthly condo fee amount listed as 303 (quarterly fee noted as 910); Total monthly fees reported as $303.33 and total annual fees $3,640
• HOA & community: HOA managed by Gateway Management and Lakes Edge Condominium Association, Inc.; Quarterly association fees (conforms to condo fee schedule); Association amenities: clubhouse, pool, recreation facilities, maintenance, vehicle restrictions; Association fees include: common area taxes, pool, reserves, insurance, structure and grounds maintenance, management, pest control, private road, recreational facilities, trash and water; Association approval required; Pets allowed (cats and dogs, limits apply); Full-time management; No truck/RV/motorcycle parking on site; Sidewalks

Exterior

• Parking: Assigned parking; 1 carport space
• Utilities: Public water; Public sewer; Electricity connected; Sewer connected; Water connected
• Home design: Condominium; Residential property; One story; Faces west; Unit on first floor
• Construction: Concrete construction; Shingle roof; Slab foundation; Built as completed condition
• Exterior features: Covered, screened rear porch; Sliding doors; Hurricane shutters; In-ground pool; Lakefront location with lake view and lake access; Fishing pier; Powerboats not allowed; Landscaped lot; Paved surfaces; Asphalt road

Interior

• Kitchen: Dishwasher; Disposal; Freezer; Ice maker; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air; Humidity control
• Interior features: Ceiling fans; Thermostat; Walk-in closet(s); Window treatments (drapes, shutters, rods); Storm windows
• Laundry & utility: Inside laundry room; Washer; Dryer; Electric water heater; Inside utility

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $145k.

Deal economics

• At list price, monthly cash flow is $125 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#536 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime 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: Peace River Elementary School (math 56% / reading 54%, grade C, #872 of 2,144 statewide, top 42%, 581 students, 64% 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 54% 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 37% 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 $1k 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 578 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 22y ago; this cycle's ask has dropped $67k (32%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $126k; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $127,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 578 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
9. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
10. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
11. 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.
12. 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.
13. 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: 1.35% ✓
• Cap rate: 7.88%
• Cash-on-cash: 5.67%
• DSCR: 1.25
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -15.1%
• Equity multiple: 0.48×
• Total profit: $-20,975
• Equity at exit: $21,620

10-year hold

• IRR: -15.6%
• Equity multiple: 0.29×
• Total profit: $-29,022
• Equity at exit: $12,537

Cash invested: $40,600 (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: 6.2×

Monthly cashflow live

• Estimated rent: $1,960 high
• Mortgage (P&I): −$760
• Tax from tax record: −$233 /mo · $2,795/yr
• Insurance: −$60
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$303
• Vacancy / Maint / Mgmt: −$412
• Net cashflow: $125

Break-even live

Break-even rent $1,802

Max offer price $145,000

Occupancy floor 89%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4016 Oakview Dr Unit J9 Punta Gorda, FL	2.0	2.0	893	$2,400	$2.69	21d	1	0.48mi
4024 Oakview Dr Unit I3 Punta Gorda, FL	2.0	2.0	893	$1,900	$2.13	21d	1	0.49mi
4056 Oakview Dr Unit E7 Punta Gorda, FL	2.0	2.0	892	$3,000	$3.36	21d	1	0.57mi
25038 Harborview Rd Unit B Punta Gorda, FL	2.0	2.0	1188	$1,600	$1.35	21d	1	0.86mi
25068 Harbor View Rd Punta Gorda, FL	2.0	2.0	956	$1,500	$1.57	21d	1	0.87mi
24717 Snook Ave Unit 11 D Punta Gorda, FL	3.0	2.0	1500	$2,000	$1.33	21d	1	0.88mi
23465 Harborview Rd Port Charlotte, FL	2.0	2.0	1480	$1,975	$1.33	21d	2	1.18mi
23067 Elmira Blvd Punta Gorda, FL	2.0	2.0	1052	$1,750	$1.66	21d	1	1.32mi
23491 Harper Ave Punta Gorda, FL	3.0	2.0	1382	$1,450	$1.05	21d	1	1.32mi

HOA detail condo

• Monthly dues: $303 · $3,636/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 18 events

1. 2026-06-01
   status $145,000 Pending 578 DOM
2. 2026-05-31
   days on market $145,000 Active 578 DOM
3. 2026-05-30
   days on market $145,000 Active 577 DOM
4. 2026-04-30
   price $145,000
5. 2026-03-06
   price $165,000
6. 2025-11-26
   status Active
7. 2025-11-24
   historical
8. 2025-06-07
   price $175,000
9. 2025-05-09
   price $185,000
10. 2025-04-06
    price $190,000
11. 2025-03-19
    price $195,000
12. 2024-10-28
    listed $212,000 Active
13. 2004-09-07
    soldstatus $126,000
14. 2004-08-30
    soldstatus $126,000 263-char remark

    Show marketing remark (263 chars)

    Back-ups desired, pending buyer 1031 exchange. Delightful 2BR/2BA end unit on first floor with lake view, move-in ready, fully furnished-turnkey and very clean. Two community pools, gazebo, and dock for fishing. Peaceful location yet close to all. Lowmonthly fee.

15. 2004-07-25
    listed $126,000 263-char remark

    Show marketing remark (263 chars)

    Back-ups desired, pending buyer 1031 exchange. Delightful 2BR/2BA end unit on first floor with lake view, move-in ready, fully furnished-turnkey and very clean. Two community pools, gazebo, and dock for fishing. Peaceful location yet close to all. Lowmonthly fee.

16. 2004-03-22
    soldstatus $118,000
17. 2003-10-10
    soldstatus $81,000
18. 1990-02-01
    soldstatus $50,900

ⓘ 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: $2,795 · $233/mo
• Projected year-2 tax: $2,795 · $233/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 7/10 Severe FEMA zone X (shaded) · 75% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 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: $23,521
• − Mortgage interest: −$8,122
• − Property taxes: −$2,795
• − Insurance: −$1,522
• − Repairs & maintenance: −$1,882
• − Management: −$1,882
• − HOA: −$3,636
• − Depreciation: −$4,218
• Taxable loss: −$537
• Est. tax savings @ 24.0%: +$129
• After-tax cash flow: $1,632/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 — Charlotte Harbor

• Score: 68/100
• State rank: #536
• US rank: #10043

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Charlotte County · 196,994 people
• 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

+184.9% since first listed

15 events — show timeline

• 2026-04-30 Price Changed $145,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Price Changed $165,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-26 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-24 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-06-07 Price Changed $175,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-09 Price Changed $185,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-06 Price Changed $190,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-19 Price Changed $195,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-28 Listed $212,000 Stellar MLS as Distributed by MLS Grid
• 2004-09-07 Sold (Public Records) $126,000 Public Records
• 2004-08-30 Sold (MLS) $126,000 Stellar MLS as Distributed by MLS Grid
• 2004-07-25 Listed $126,000 Stellar MLS as Distributed by MLS Grid
• 2004-03-22 Sold (Public Records) $118,000 Public Records
• 2003-10-10 Sold (Public Records) $81,000 Public Records
• 1990-02-01 Sold (Public Records) $50,900 Public Records

Property tax history

+8.2%/yr

Latest (2025): $2,795 · -2.1% YoY. Source: county tax records.