7441 Strasse Blvd · Cleveland, FL 33982

$300,000

4 bd · 3.0 ba · 2,426 sqft · Land · 38 Days on market

Built 2026 1.25 ac lot

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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 +20.6/30.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• Schools +4.6/10.0
• 1% rule +4.2/10.0
• Rent growth +3.5/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +2.4/10.0

Listing remarks MLS

1.25 ACRES AVAILABLE TO CREATE YOUR DREAM RESIDENCE! Vacant property is zoned AG (agricultural) - perfect for anyone who has dreamed of keeping horses on site, or envisioned a quiet country estate nestled among other wooded properties. This is your spot in paradise. Build your estate home here with plenty of room for outbuildings or barns & still plenty of room to roam around & enjoy nature right in your own backyard. This property offers the best of both worlds: idyllic, country setting yet close to downtown Punta Gorda & all of the shopping & restaurants plus easy access to I-75 & US41 for all points north or south. Start enjoying the active lifestyle Punta Gorda offers & build your perfect Florida residence here.

Key facts

• Gated property
• Engineered plans
• Short drive to i75

Tags

• GATED PROPERTY
• ENGINEERED PLANS
• WALK IN PANTRY
• DETACHED GARAGE
• SHORT DRIVE TO I75

Property features AI

Finance

• Other: Lot size approximately 1.25 acres; Total acreage between 1 and less than 2 acres; Building area total approximately 2,780 square feet; living area approx. 2,426 square feet; Permit number 20231172742; Directions: Jones Loop, left on Alfred, right on Clark, left on Strasse
• Financial info: Property listed as under construction; projected completion December 31, 2026
• HOA & community: No HOA association indicated

Exterior

• Parking: Attached garage with 2 spaces (garage approx. 18 x 30)
• Utilities: Well required for water; Septic needed; Electricity connected
• Home design: Single family residence; One-story home; Under construction (projected completion 2026-12-31); Faces east; Residential property in agricultural (AG) zoning
• Construction: Block construction; Shingle roof; Slab foundation; New construction; Custom builder (Owner Builder)
• Exterior features: Covered rear porch; Front porch; Private mailbox; Storage structure on property; Dirt road access

Interior

• Kitchen: No appliances included
• Bedrooms: 4 bedrooms
• Flooring: Concrete floors
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Open floorplan; Split bedroom layout; Walk-in closets; ENERGY STAR qualified windows; Sliding doors; Bonus room, den/library/office, and inside utility
• Laundry & utility: Dedicated laundry room

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath land listed at $300k.

Deal economics

• At list price, monthly cash flow is $400 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $275k (8.5% below list).
• Recommended offer: $275k (8.5% below list) — sets the bar for 1% rule.
• Cap rate 7.9% vs local median 4.8% in Cleveland — 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 67/100 on livability (#574 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D, schools F, 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 rising fast (+4.1%/yr); 1037 active listings in the ZIP; 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
• At $2,745/mo this rent would consume 45% of the median local household income ($72k/yr) (locally 43% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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 38 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y 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.
• Current owner paid $17k; list at $300k implies a 1675% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $274,540 (8.5% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.92% ✗
• Cap rate: 7.89%
• Cash-on-cash: 5.71%
• DSCR: 1.25
• GRM: 9.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.13% rent growth · sell at horizon

5-year hold

• IRR: -6.4%
• Equity multiple: 0.76×
• Total profit: $-20,134
• Equity at exit: $44,731

10-year hold

• IRR: 4.4%
• Equity multiple: 1.33×
• Total profit: $27,925
• Equity at exit: $25,939

Cash invested: $84,000 (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 33982

• Home prices YoY: -1.2%
• Rents YoY: 4.1%
• Active inventory: 1037
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,745 medium
• Mortgage (P&I): −$1,573
• Tax from tax record: −$71 /mo · $849/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$577
• Net cashflow: $400

Break-even live

Break-even rent $2,239

Max offer price $300,000

Occupancy floor 80%

Sensitivity live

Price	-10% $570	-5% $485	+0% $400	+5% $315	+10% $230
Rent	-10% $183	-5% $291	+0% $400	+5% $508	+10% $617
Rate	-1.0pp $551	-0.5pp $476	base $400	+0.5pp $322	+1.0pp $243

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: $75,000
• Closing costs: $9,000
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-18
   days on market $300,000 Active 38 DOM
2. 2026-06-17
   days on market $300,000 Active 37 DOM
3. 2026-06-16
   days on market $300,000 Active 36 DOM
4. 2026-06-15
   days on market $300,000 Active 35 DOM
5. 2026-06-14
   days on market $300,000 Active 33 DOM
6. 2026-06-13
   days on market $300,000 Active 32 DOM
7. 2026-06-10
   days on market $300,000 Active 30 DOM
8. 2026-06-09
   days on market $300,000 Active 29 DOM
9. 2026-06-08
   days on market $300,000 Active 28 DOM
10. 2026-06-07
    days on market $300,000 Active 27 DOM
11. 2026-06-05
    days on market $300,000 Active 24 DOM
12. 2026-06-03
    days on market $300,000 Active 23 DOM
13. 2026-06-02
    days on market $300,000 Active 22 DOM
14. 2026-06-01
    days on market $300,000 Active 21 DOM
15. 2026-05-31
    days on market $300,000 Active 20 DOM
16. 2026-05-30
    days on market $300,000 Active 19 DOM
17. 2026-05-11
    listed $300,000 Active
18. 2020-04-22
    soldstatus $16,900 Sold 761-char remark

    Show marketing remark (761 chars)

    1.25 ACRES AVAILABLE TO CREATE YOUR DREAM RESIDENCE! Vacant property is zoned AG (agricultural) - perfect for anyone who has dreamed of keeping horses on site, or envisioned a quiet country estate nestled among other wooded properties. This is your spot in paradise. Build your estate home here with plenty of room for outbuildings or barns & still plenty of room to roam around & enjoy nature right in your own backyard. This property offers the best of both worlds: idyllic, country setting yet close to downtown Punta Gorda & all of the shopping & restaurants plus easy access to I-75 & US41 for all points north or south. Start enjoying the active lifestyle Punta Gorda offers & build your perfect Florida residence here.

19. 2020-04-22
    soldstatus $16,900

    Show marketing remark (761 chars)

    1.25 ACRES AVAILABLE TO CREATE YOUR DREAM RESIDENCE! Vacant property is zoned AG (agricultural) - perfect for anyone who has dreamed of keeping horses on site, or envisioned a quiet country estate nestled among other wooded properties. This is your spot in paradise. Build your estate home here with plenty of room for outbuildings or barns & still plenty of room to roam around & enjoy nature right in your own backyard. This property offers the best of both worlds: idyllic, country setting yet close to downtown Punta Gorda & all of the shopping & restaurants plus easy access to I-75 & US41 for all points north or south. Start enjoying the active lifestyle Punta Gorda offers & build your perfect Florida residence here.

20. 2020-04-15
    status Pending 761-char remark

    Show marketing remark (761 chars)

    1.25 ACRES AVAILABLE TO CREATE YOUR DREAM RESIDENCE! Vacant property is zoned AG (agricultural) - perfect for anyone who has dreamed of keeping horses on site, or envisioned a quiet country estate nestled among other wooded properties. This is your spot in paradise. Build your estate home here with plenty of room for outbuildings or barns & still plenty of room to roam around & enjoy nature right in your own backyard. This property offers the best of both worlds: idyllic, country setting yet close to downtown Punta Gorda & all of the shopping & restaurants plus easy access to I-75 & US41 for all points north or south. Start enjoying the active lifestyle Punta Gorda offers & build your perfect Florida residence here.

21. 2020-03-09
    listed $17,500 Active 761-char remark

    Show marketing remark (761 chars)

    1.25 ACRES AVAILABLE TO CREATE YOUR DREAM RESIDENCE! Vacant property is zoned AG (agricultural) - perfect for anyone who has dreamed of keeping horses on site, or envisioned a quiet country estate nestled among other wooded properties. This is your spot in paradise. Build your estate home here with plenty of room for outbuildings or barns & still plenty of room to roam around & enjoy nature right in your own backyard. This property offers the best of both worlds: idyllic, country setting yet close to downtown Punta Gorda & all of the shopping & restaurants plus easy access to I-75 & US41 for all points north or south. Start enjoying the active lifestyle Punta Gorda offers & build your perfect Florida residence here.

22. 2016-05-11
    soldstatus $8,000 Sold 102-char remark

    Show marketing remark (102 chars)

    This 1.25 acres was once cleared and fenced. Just needs a good mowing to be ready for a home or horse.

23. 2016-05-10
    status Pending 102-char remark

    Show marketing remark (102 chars)

    This 1.25 acres was once cleared and fenced. Just needs a good mowing to be ready for a home or horse.

24. 2016-05-06
    soldstatus $8,000
25. 2016-04-18
    price $11,500 102-char remark

    Show marketing remark (102 chars)

    This 1.25 acres was once cleared and fenced. Just needs a good mowing to be ready for a home or horse.

26. 2015-12-02
    listed $12,500 Active 102-char remark

    Show marketing remark (102 chars)

    This 1.25 acres was once cleared and fenced. Just needs a good mowing to be ready for a home or horse.

27. 2005-03-03
    historical
28. 2005-01-23
    listed $55,000
29. 1999-11-05
    soldstatus $6,800

ⓘ 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: $849 · $71/mo
• Projected year-2 tax: $2,490 · $208/mo
• Expected delta: +$1,641/yr (+$137/mo · 193.2%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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: $32,945
• − Mortgage interest: −$16,805
• − Property taxes: −$849
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,636
• − Management: −$2,636
• − Depreciation: −$8,727
• Taxable loss: −$207
• Est. tax savings @ 24.0%: +$50
• After-tax cash flow: $4,848/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 — Cleveland

• Score: 67/100
• State rank: #574
• US rank: #10905

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): 13,006
• Household income: $72,443
• Rent vs Own: 11.2% rent · 88.8% own
• Severe rent burden: 43.0

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 (81%)
• Race & ethnicity: White 81% Two or more races 8% Hispanic / Latino 7% Black 7%
• Hispanic origin (detail): Puerto Rican 2% Cuban 3%
• Common ancestry: Lithuanian 3% Iranian 3% Slovak 3%
• Foreign-born: 6% · Canada, Jamaica
• Languages at home: 93% English-only · Spanish 5% German/W. Germanic 1% Arabic 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: ▼ -5.25%
• Current HPI: 448.5895
• Rent YoY: ▲ 4.13%
• 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

+4311.8% since first listed

13 events — show timeline

• 2026-05-11 Listed $300,000 Stellar MLS as Distributed by MLS Grid
• 2020-04-22 Sold (Public Records) $16,900 Public Records
• 2020-04-22 Sold (MLS) $16,900 Stellar MLS as Distributed by MLS Grid
• 2020-04-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-03-09 Listed $17,500 Stellar MLS as Distributed by MLS Grid
• 2016-05-11 Sold (MLS) $8,000 Stellar MLS as Distributed by MLS Grid
• 2016-05-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-05-06 Sold (Public Records) $8,000 Public Records
• 2016-04-18 Price Changed $11,500 Stellar MLS as Distributed by MLS Grid
• 2015-12-02 Listed $12,500 Stellar MLS as Distributed by MLS Grid
• 2005-03-03 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2005-01-23 Listed $55,000 Stellar MLS as Distributed by MLS Grid
• 1999-11-05 Sold (Public Records) $6,800 Public Records

Property tax history

+8.9%/yr

Latest (2025): $849 · +7.3% YoY. Source: county tax records.