21545 Gibralter Dr · Port Charlotte, FL 33952

$140,000

4 bd · 2.0 ba · 1,432 sqft · SingleFamily public records · 21 Days on market

Built 1961 7,686 sqft lot Est $255k · 45% under

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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 +21.2/30.0
• ARV discount +15.0/15.0
• 1% rule +8.8/10.0
• DSCR +6.8/10.0
• Schools +4.6/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

UPDATED MOVE IN READY POOL HOME. CERAMIC WOOD TILE, GRANITE COUNTERTOPS, CROWN MOLDING & OTHER UPDATES THROUGHOUT. This 4 bed 2 bath home has been completely remodeled and expertly maintained. A beautiful kitchen with a massive STONE COUNTERTOP BREAKFAST BAR greets you the moment you enter the home. Stainless steel appliances, self-closing drawers, and wood cabinets round out the package. Eat and entertain at the bar with the updated lighting features, or take advantage of the spacious open living area. As you can tell from the photos there is plenty of room for a large dining room table. The master bath boasts a spacious tile rainfall shower. The 4th bedroom offers ideal privacy if you are looking for a split floor plan-like solution. Solid classic home brought into the current era, don't miss it! Per the seller: A/C replaced in 2017. Only 5 miles from the Historic Down Town Punta Gorda or Charlotte Harbor. Englewood beach just a half hour drive!

Key facts

• Boating
• Roof replacement
• Waterfront spots

Tags

• ROOF REPLACEMENT
• QUICK ACCESS TO US-41
• LOCAL DINING
• PARKS
• WATERFRONT SPOTS
• BOATING

Property features AI

Finance

• Other: Furnished; Total living area approximately 1,432 (per public records); Total building area approximately 1,920 (per public records)
• Financial info: Lease restrictions apply

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer; Cable available; Electricity available
• Home design: Single-family residence; Residential property; One story; Faces north; Zoned RSF3.5
• Construction: Block construction; Other roof; Slab foundation; Built on a 75 x 100 lot (about 0.18 acres)
• Exterior features: Sidewalk; In-ground gunite private pool; Asphalt road access

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Open floor plan; Living room/dining room combo; Split bedroom layout; 7 total rooms
• Laundry & utility: Indoor laundry

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $137 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $138k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.0% 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: schools D+, employment D, amenities 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.
• Market conditions: Rents soft (-1.4%/yr); 707 active listings in the ZIP; 21 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 38% of the median local income ($61k/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 $968 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 21 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 4.6% of price; 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→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $137,900 (1.5% below list)

Questions for the listing agent

1. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.38% ✓
• Cap rate: 8.04%
• Cash-on-cash: 6.22%
• DSCR: 1.28
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $254,896
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
21440 Midway Blvd	0.39mi	4/2.0	1,340 (-6%)	23mo	$165,000	$123	52
3163 Key Ln	0.72mi	3/2.0 (-1)	1,452 (+1%)	13mo	$242,000	$167	48
21527 Bryn Mawr Ave	0.58mi	3/2.0 (-1)	1,600 (+12%)	2mo	$285,000	$178	47
2055 Hariet St	0.45mi	3/2.0 (-1)	1,248 (-13%)	9mo	$192,000	$154	45
21524 Winlock Ave	0.56mi	3/2.0 (-1)	1,551 (+8%)	23mo	$299,999	$193	36
3373 Westlund Ter	0.74mi	3/2.0 (-1)	1,221 (-15%)	15mo	$220,000	$180	23

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: -14.3%
• Equity multiple: 0.51×
• Total profit: $-19,356
• Equity at exit: $20,874

10-year hold

• IRR: -14.5%
• Equity multiple: 0.33×
• Total profit: $-26,397
• Equity at exit: $12,105

Cash invested: $39,200 (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 33952

• Home prices YoY: -4.8%
• Rents YoY: -1.4%
• Active inventory: 707
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,938 high
• Mortgage (P&I): −$734
• Tax from tax record: −$535 /mo · $6,425/yr
• Insurance: −$58
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $137

Break-even live

Break-even rent $1,765

Max offer price $140,000

Occupancy floor 88%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
21988 Cellini Ave Port Charlotte, FL	4.0	3.0	1500	$2,000	$1.33	20d	1	0.05mi
21499 Glendale Ave Port Charlotte, FL	3.0	1.0	1077	$1,600	$1.49	20d	1	0.26mi
22017 Beverly Ave Port Charlotte, FL	3.0	2.0	1472	$1,600	$1.09	13d	1	0.33mi
21426 Glendale Ave Port Charlotte, FL	3.0	1.5	1423	$1,511	$1.06	13d	1	0.36mi
22137 Midway Blvd Port Charlotte, FL	4.0	1.0	1500	$1,350	$0.90	20d	1	0.37mi
2377 Starlite Ln Port Charlotte, FL	3.0	1.5	1253	$1,575	$1.26	20d	1	0.43mi
1506 Dewitt St Port Charlotte, FL	3.0	2.0	1198	$1,800	$1.50	20d	1	0.74mi
22148 Lockport Ave Port Charlotte, FL	3.0	2.0	1760	$1,850	$1.05	13d	1	0.75mi
21155 Meehan Ave Port Charlotte, FL	3.0	1.0	1060	$1,300	$1.23	20d	1	0.77mi
21212 Burkhart Dr Port Charlotte, FL	3.0	2.0	1863	$2,350	$1.26	20d	1	0.80mi
3281 Easy St Port Charlotte, FL	3.0	2.0	1196	$1,750	$1.46	13d	1	0.89mi
1365 Alton Rd Port Charlotte, FL	3.0	2.0	1640	$1,800	$1.10	20d	1	0.95mi
1299 Birchcrest Blvd Port Charlotte, FL	3.0	2.0	1176	$1,800	$1.53	20d	1	1.00mi
2443 Duke Ln Port Charlotte, FL	3.0	2.0	1831	$1,650	$0.90	13d	1	1.11mi
21262 Quesada Ave Port Charlotte, FL	4.0	2.0	1650	$1,845	$1.12	20d	1	1.19mi
1516 Abel St Port Charlotte, FL	3.0	2.0	1874	$2,200	$1.17	20d	1	1.21mi
1138 Presque Isle Dr Port Charlotte, FL	3.0	2.0	1739	$1,891	$1.09	13d	1	1.30mi
3185 Clifford St Port Charlotte, FL	3.0	2.0	1776	$2,400	$1.35	13d	1	1.39mi
1235 Desmond St Port Charlotte, FL	4.0	2.0	1833	$1,866	$1.02	20d	1	1.40mi
1057 Presque Isle Dr Port Charlotte, FL	3.0	2.0	1673	$2,950	$1.76	20d	1	1.45mi
1195 Desmond St Port Charlotte, FL	3.0	2.0	1388	$1,716	$1.24	20d	1	1.46mi

Listing history 22 events

1. 2026-06-13
   statusdays on market $140,000 Pending 21 DOM
2. 2026-06-10
   days on market $140,000 Active 20 DOM
3. 2026-06-09
   days on market $140,000 Active 19 DOM
4. 2026-06-08
   days on market $140,000 Active 18 DOM
5. 2026-06-07
   days on market $140,000 Active 17 DOM
6. 2026-06-05
   days on market $140,000 Active 14 DOM
7. 2026-06-03
   days on market $140,000 Active 13 DOM
8. 2026-06-02
   days on market $140,000 Active 12 DOM
9. 2026-06-01
   days on market $140,000 Active 11 DOM
10. 2026-05-31
    days on market $140,000 Active 10 DOM
11. 2026-05-30
    days on market $140,000 Active 9 DOM
12. 2026-05-21
    listed $140,000 Active
13. 2019-11-05
    soldstatus $187,000
14. 2019-10-31
    soldstatus $187,000 Sold 967-char remark

    Show marketing remark (967 chars)

    UPDATED MOVE IN READY POOL HOME. CERAMIC WOOD TILE, GRANITE COUNTERTOPS, CROWN MOLDING & OTHER UPDATES THROUGHOUT. This 4 bed 2 bath home has been completely remodeled and expertly maintained. A beautiful kitchen with a massive STONE COUNTERTOP BREAKFAST BAR greets you the moment you enter the home. Stainless steel appliances, self-closing drawers, and wood cabinets round out the package. Eat and entertain at the bar with the updated lighting features, or take advantage of the spacious open living area. As you can tell from the photos there is plenty of room for a large dining room table. The master bath boasts a spacious tile rainfall shower. The 4th bedroom offers ideal privacy if you are looking for a split floor plan-like solution. Solid classic home brought into the current era, don't miss it! Per the seller: A/C replaced in 2017. Only 5 miles from the Historic Down Town Punta Gorda or Charlotte Harbor. Englewood beach just a half hour drive!

15. 2019-08-13
    status Pending 967-char remark

    Show marketing remark (967 chars)

    UPDATED MOVE IN READY POOL HOME. CERAMIC WOOD TILE, GRANITE COUNTERTOPS, CROWN MOLDING & OTHER UPDATES THROUGHOUT. This 4 bed 2 bath home has been completely remodeled and expertly maintained. A beautiful kitchen with a massive STONE COUNTERTOP BREAKFAST BAR greets you the moment you enter the home. Stainless steel appliances, self-closing drawers, and wood cabinets round out the package. Eat and entertain at the bar with the updated lighting features, or take advantage of the spacious open living area. As you can tell from the photos there is plenty of room for a large dining room table. The master bath boasts a spacious tile rainfall shower. The 4th bedroom offers ideal privacy if you are looking for a split floor plan-like solution. Solid classic home brought into the current era, don't miss it! Per the seller: A/C replaced in 2017. Only 5 miles from the Historic Down Town Punta Gorda or Charlotte Harbor. Englewood beach just a half hour drive!

16. 2019-06-21
    listed $189,999 Active 967-char remark

    Show marketing remark (967 chars)

    UPDATED MOVE IN READY POOL HOME. CERAMIC WOOD TILE, GRANITE COUNTERTOPS, CROWN MOLDING & OTHER UPDATES THROUGHOUT. This 4 bed 2 bath home has been completely remodeled and expertly maintained. A beautiful kitchen with a massive STONE COUNTERTOP BREAKFAST BAR greets you the moment you enter the home. Stainless steel appliances, self-closing drawers, and wood cabinets round out the package. Eat and entertain at the bar with the updated lighting features, or take advantage of the spacious open living area. As you can tell from the photos there is plenty of room for a large dining room table. The master bath boasts a spacious tile rainfall shower. The 4th bedroom offers ideal privacy if you are looking for a split floor plan-like solution. Solid classic home brought into the current era, don't miss it! Per the seller: A/C replaced in 2017. Only 5 miles from the Historic Down Town Punta Gorda or Charlotte Harbor. Englewood beach just a half hour drive!

17. 2017-06-22
    soldstatus $155,500
18. 2017-06-19
    soldstatus $155,500 Sold 797-char remark

    Show marketing remark (797 chars)

    Move in ready pool home has been totally updated with many upgrades! 4 bedroom 2 bath. Updates throughout include, fresh exterior and interior paint, beautiful tile flooring, stainless steel appliances, granite counter tops, wood cabinets (self-shutting drawers), light fixtures, recess lighting, bathrooms, doors, door fixtures, crown molding and much more! All bedrooms are equipped with remote controls to control lights and fans. Master bath has tiled roman shower. Garage was turned into a 4th bedroom. Fenced in backyard. Concrete in ground pool with decorative tile. A separate screened in lanai for outdoor entertaining. In popular New York section of Port Charlotte. Only 5 miles from the Historic Down Town Punta Gorda and Charlotte Harbor. Come it out today, this house won't last long!

19. 2017-05-17
    status Pending 797-char remark

    Show marketing remark (797 chars)

    Move in ready pool home has been totally updated with many upgrades! 4 bedroom 2 bath. Updates throughout include, fresh exterior and interior paint, beautiful tile flooring, stainless steel appliances, granite counter tops, wood cabinets (self-shutting drawers), light fixtures, recess lighting, bathrooms, doors, door fixtures, crown molding and much more! All bedrooms are equipped with remote controls to control lights and fans. Master bath has tiled roman shower. Garage was turned into a 4th bedroom. Fenced in backyard. Concrete in ground pool with decorative tile. A separate screened in lanai for outdoor entertaining. In popular New York section of Port Charlotte. Only 5 miles from the Historic Down Town Punta Gorda and Charlotte Harbor. Come it out today, this house won't last long!

20. 2017-05-09
    listed $155,000 Active 797-char remark

    Show marketing remark (797 chars)

    Move in ready pool home has been totally updated with many upgrades! 4 bedroom 2 bath. Updates throughout include, fresh exterior and interior paint, beautiful tile flooring, stainless steel appliances, granite counter tops, wood cabinets (self-shutting drawers), light fixtures, recess lighting, bathrooms, doors, door fixtures, crown molding and much more! All bedrooms are equipped with remote controls to control lights and fans. Master bath has tiled roman shower. Garage was turned into a 4th bedroom. Fenced in backyard. Concrete in ground pool with decorative tile. A separate screened in lanai for outdoor entertaining. In popular New York section of Port Charlotte. Only 5 miles from the Historic Down Town Punta Gorda and Charlotte Harbor. Come it out today, this house won't last long!

21. 2000-03-07
    soldstatus $50,000
22. 1999-11-05
    soldstatus $400

ⓘ 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: $6,425 · $535/mo
• Projected year-2 tax: $6,425 · $535/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 · 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

Taxation est. · year 1

• Rental income: $23,260
• − Mortgage interest: −$7,842
• − Property taxes: −$6,425
• − Insurance: −$1,498
• − Repairs & maintenance: −$1,861
• − Management: −$1,861
• − Depreciation: −$4,073
• Taxable loss: −$299
• Est. tax savings @ 24.0%: +$72
• After-tax cash flow: $1,714/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

• Census place: Port Charlotte, FL
• County: Charlotte County · 196,994 people
• City population: 102,180
• Metro: Punta Gorda, FL
• Population (ZIP): 35,231
• Household income: $61,382
• Rent vs Own: 20.8% rent · 79.2% own
• Severe rent burden: 733.0

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 (76%)
• Race & ethnicity: White 76% Hispanic / Latino 14% Two or more races 8% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Lithuanian 2% Romanian 2% Italian 2%
• Foreign-born: 12% · Canada, Vietnam
• Languages at home: 85% English-only · Spanish 10% French/Haitian/Cajun 1% Russian/Polish/Slavic 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: ▼ -17.18%
• Current HPI: 339.0932
• Rent YoY: ▼ -1.35%
• 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

+180.0% since first listed

11 events — show timeline

• 2026-05-21 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 2019-11-05 Sold (Public Records) $187,000 Public Records
• 2019-10-31 Sold (MLS) $187,000 Stellar MLS as Distributed by MLS Grid
• 2019-08-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-06-21 Listed $189,999 Stellar MLS as Distributed by MLS Grid
• 2017-06-22 Sold (Public Records) $155,500 Public Records
• 2017-06-19 Sold (MLS) $155,500 Stellar MLS as Distributed by MLS Grid
• 2017-05-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-05-09 Listed $155,000 Stellar MLS as Distributed by MLS Grid
• 2000-03-07 Sold (Public Records) $50,000 Public Records
• 1999-11-05 Sold (Public Records) $400 Public Records

Property tax history

+17.1%/yr

Latest (2025): $6,425 · +3.3% YoY. Source: county tax records.