5142 Silver Bell Dr · Port Charlotte, FL 33948

$239,990

3 bd · 2.0 ba · 1,646 sqft · SingleFamily public records · 1 Days on market

Built 1983 0.30 ac lot Est $415k · 42% under

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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 +27.1/30.0
• ARV discount +15.0/15.0
• DSCR +9.4/10.0
• 1% rule +7.5/10.0
• Schools +4.6/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks

Virtually Staged. Experience waterfront living at its finest in this updated 3 bedroom, 2 bath home with a 2 car garage, ideally positioned on an OVERSIZED CORNER LOT with serene water views. TWO SEPARATE DRIVEWAYS provide ample parking, and mature trees plus concrete walkways line the area, set in a neighborhood of newer homes with a sense of timeless charm. UNDERGROUND ELECTRIC TO HOME. Inside, diagonal plank tile runs through every room, pouring in natural light from sliding doors that open to a bonus all season back room. The chef’s kitchen shines with raised panel cabinetry accented by glass display options, STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, a full pantry, and a st

Key facts

• Oversized corner lot
• Diagonal plank tile
• Chef's kitchen

Tags

• OVERSIZED CORNER LOT
• TWO SEPARATE DRIVEWAYS
• UNDERGROUND ELECTRIC TO HOME
• DIAGONAL PLANK TILE
• CHEF'S KITCHEN
• STAINLESS STEEL APPLIANCES

Property features AI

Finance

• Other: Unfurnished; No lease restrictions; Estimated living area and public building area recorded; No CDD; Homestead not indicated
• HOA & community: Pets allowed

Exterior

• Parking: Attached 2-car garage (21 x 18)
• Utilities: Public water; Aerobic septic system; Electricity connected; Cable available; Water connected
• Home design: Single family residence; One story; Faces southwest
• Construction: Concrete and stucco construction; Shingle roof; Slab foundation; Built as residential single family
• Exterior features: Rear screened porch; Hurricane shutters; Sliding doors; Canal view; Trees and landscaped grounds; Corner lot; Paved surfaces; Public maintained road

Interior

• Kitchen: Built-in oven; Cooktop; Microwave; Refrigerator; Stone counters
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Living room/dining room combo; Stone counters; Thermostat; Skylights; Shutters
• Laundry & utility: Washer and dryer included; Inside laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $251 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $240k).
• Cap rate 9.7% 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: Meadow Park Elementary School (math 61% / reading 56%, grade B-, #735 of 2,144 statewide, top 35%, 701 students, 59% 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 51% FRL track the district average.
• Market conditions: Rents soft (-1.6%/yr); 953 active listings in the ZIP; 18 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).
• At $2,997/mo this rent would consume 57% of the median local household income ($63k/yr) (locally 501% 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 $7k 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

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 2y 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: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $239,990

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
5. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
6. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
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: 1.25% ✓
• Cap rate: 9.68%
• Cash-on-cash: 12.10%
• DSCR: 1.54
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $414,792
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18698 Ashcroft Cir	0.10mi	3/2.0	1,666 (+1%)	19mo	$251,000	$151	78
19179 Aviation Ct	0.37mi	3/2.0	1,700 (+3%)	14mo	$600,000	$353	65
18502 Arapahoe Cir	0.49mi	3/2.0	1,677 (+2%)	14mo	$610,000	$364	62
4323 Shappell St	0.67mi	3/2.0	1,727 (+5%)	1mo	$290,000	$168	60
19220 Moore Haven Ct	0.44mi	3/2.0	1,401 (-15%)	1mo	$367,500	$262	54
18671 Arapahoe Cir	0.38mi	3/2.0	1,453 (-12%)	18mo	$299,000	$206	48
18671 Ohara Dr	0.44mi	3/2.0	1,770 (+8%)	24mo	$425,000	$240	47
18486 Briggs Cir	0.48mi	3/2.0	1,430 (-13%)	15mo	$360,000	$252	44
4334 Wynkoop Cir	0.70mi	2/2.0 (-1)	1,436 (-13%)	10mo	$375,000	$261	33

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: -13.4%
• Equity multiple: 0.53×
• Total profit: $-31,343
• Equity at exit: $35,783

10-year hold

• IRR: -11.8%
• Equity multiple: 0.42×
• Total profit: $-39,301
• Equity at exit: $20,750

Cash invested: $67,197 (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 33948

• Home prices YoY: -14.9%
• Rents YoY: -1.6%
• Active inventory: 953
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $2,997 high
• Mortgage (P&I): −$1,259
• Tax from tax record: −$331 /mo · $3,972/yr
• Insurance: −$100
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$629
• Net cashflow: $251

Break-even live

Break-even rent $2,679

Max offer price $239,990

Occupancy floor 87%

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: $59,998
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18810 Ashcroft Cir Port Charlotte, FL	3.0	2.0	1387	$3,800	$2.74	21d	1	0.11mi
4670 Herman Cir Port Charlotte, FL	3.0	2.0	1350	$2,200	$1.63	21d	1	0.35mi
18686 Van Nuys Cir Port Charlotte, FL	3.0	2.0	1168	$1,600	$1.37	21d	1	0.47mi
18634 Goodman Cir Port Charlotte, FL	3.0	1.5	1182	$1,700	$1.44	13d	1	0.62mi
18310 Burkholder Cir Port Charlotte, FL	3.0	2.0	1753	$3,250	$1.85	21d	1	0.71mi
4518 Wynkoop Cir Port Charlotte, FL	2.0	2.0	1409	$1,995	$1.42	13d	1	0.71mi
4342 Ewing Cir Port Charlotte, FL	3.0	2.0	1260	$2,500	$1.98	21d	1	0.77mi
4232 Swensson St Port Charlotte, FL	4.0	2.5	2054	$2,245	$1.09	13d	1	0.87mi
4399 Mundella Cir Port Charlotte, FL	3.0	2.0	1140	$3,200	$2.81	21d	1	0.88mi
18058 Avonsdale Cir Port Charlotte, FL	3.0	2.0	1453	$4,000	$2.75	21d	1	0.91mi
18608 Alphonse Cir Port Charlotte, FL	3.0	2.0	1441	$4,000	$2.78	21d	1	0.91mi
18289 Wolbrette Cir Port Charlotte, FL	2.0	2.0	1393	$4,000	$2.87	21d	1	0.94mi
18019 Avonsdale Cir Port Charlotte, FL	3.0	2.0	1202	$1,900	$1.58	21d	1	0.97mi
18312 Driggers Ave Port Charlotte, FL	3.0	2.0	1428	$5,400	$3.78	21d	1	1.05mi
4192 Gingold St Port Charlotte, FL	3.0	2.0	1127	$4,200	$3.73	21d	1	1.09mi
4112 Gingold St Port Charlotte, FL	2.0	1.5	1056	$3,300	$3.12	21d	1	1.12mi
18522 Robinson Ave Port Charlotte, FL	3.0	2.0	1252	$2,000	$1.60	21d	1	1.25mi
4306 Joseph St Port Charlotte, FL	4.0	2.0	1636	$2,600	$1.59	13d	1	1.42mi

Listing history 2 events

1. 2026-06-18
   remarks 693-char remark
2. 2026-06-18
   listed $239,990 Active 1 DOM

ⓘ 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: $3,972 · $331/mo
• Projected year-2 tax: $3,972 · $331/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 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: $35,960
• − Mortgage interest: −$13,443
• − Property taxes: −$3,972
• − Insurance: −$6,318
• − Repairs & maintenance: −$2,877
• − Management: −$2,877
• − Depreciation: −$6,982
• Taxable loss: −$509
• Est. tax savings @ 24.0%: +$122
• After-tax cash flow: $3,137/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): 18,696
• Household income: $62,744
• Rent vs Own: 13.8% rent · 86.2% own
• Severe rent burden: 501.0

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 (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

Price history

+2207.6% since first listed

40 events — show timeline

• 2026-06-18 Listed $239,990 Stellar MLS as Distributed by MLS Grid
• 2025-08-16 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-07-29 Listed $179,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-29 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-05-28 Price Changed $229,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-16 Price Changed $189,999 Stellar MLS as Distributed by MLS Grid
• 2025-05-07 Price Changed $199,999 Stellar MLS as Distributed by MLS Grid
• 2025-05-01 Price Changed $179,999 Stellar MLS as Distributed by MLS Grid
• 2025-04-20 Price Changed $189,999 Stellar MLS as Distributed by MLS Grid
• 2025-04-20 Rental Removed $2,200 STELLARMLS
• 2025-04-08 Price Changed $199,999 Stellar MLS as Distributed by MLS Grid
• 2025-04-02 Price Changed $209,999 Stellar MLS as Distributed by MLS Grid
• 2025-03-29 Listed for Rent $2,200 STELLARMLS
• 2025-03-27 Price Changed $219,999 Stellar MLS as Distributed by MLS Grid
• 2025-03-21 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
• 2025-03-09 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-28 Price Changed $250,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-25 Price Changed $215,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-14 Rental Removed $2,350 STELLARMLS
• 2024-12-21 Price Changed $219,999 Stellar MLS as Distributed by MLS Grid
• 2024-12-21 Price Changed $229,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-11 Price Changed $2,350 STELLARMLS
• 2024-12-10 Price Changed $233,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-06 Price Changed $2,450 STELLARMLS
• 2024-12-05 Price Changed $239,800 Stellar MLS as Distributed by MLS Grid
• 2024-12-02 Price Changed $239,999 Stellar MLS as Distributed by MLS Grid
• 2024-11-24 Price Changed $249,999 Stellar MLS as Distributed by MLS Grid
• 2024-11-23 Listed for Rent $2,600 STELLARMLS
• 2024-11-22 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
• 2024-11-09 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
• 2024-11-07 Price Changed $245,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-22 Price Changed $250,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-17 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-10 Price Changed $239,999 Stellar MLS as Distributed by MLS Grid
• 2024-10-04 Price Changed $249,999 Stellar MLS as Distributed by MLS Grid
• 2024-09-27 Price Changed $259,999 Stellar MLS as Distributed by MLS Grid
• 2024-09-20 Price Changed $265,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-16 Sold (Public Records) $213,000 Public Records
• 2024-09-15 Listed $269,000 Stellar MLS as Distributed by MLS Grid
• 1982-12-01 Sold (Public Records) $10,400 Public Records

Property tax history

+11.9%/yr

Latest (2025): $3,972 · +413.1% YoY. Source: county tax records.