2100 Kings Hwy #655 · Port Charlotte, FL 33980

$134,000

2 bd · 2.0 ba · 864 sqft · Manufactured public records · 298 Days on market

Built 1985 4,134 sqft lot Est $105k · 27% over $408/mo HOA · 22% of rent

---

Why this score? — see what drove the D 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 +17.3/30.0
• 1% rule +8.8/10.0
• DSCR +5.4/10.0
• Schools +4.6/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +1.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for your winter getaway OR a year round home in a 55+ gated manufactured home park with an active adult lifestyle? This one will be the one for you. Everything is done for you - laminate floors (NO carpet here), neutral interior paint, crown molding, furnished, clean and ready for you to move in. You can also enjoy being outside on your front, enclosed lanai and socializing with the passersby. There is room to park one car in the carport and there is also a separate space to park your golf cart. Maple Leaf is a resident owned 55+ community. Active resort lifestyle includes 5 tennis courts, bocce ball, lawn bowling, 2 shuffleboard court centers, 2 hot tubs, fitness facility, woodworkers shop, pottery studio, 75+ clubs/activities, 2 pickleball courts, restaurant, full service bar & more. One indoor cat is allowed in this home. Price includes $40,000 share. Sold furnished. Maple Leaf is in the process of having fiber optic internet network installed community wide.

Key facts

• Gated community
• Laminate flooring
• Newer paver driveway

Tags

• GATED COMMUNITY
• LAMINATE FLOORING
• NEWER PAVER DRIVEWAY
• ENCLOSED FRONT LANAI
• BUILT-IN SHELVING
• CARPORT PARKING

Property features AI

Finance

• Other: Senior community (pets: cats OK); Furnished; Lease restrictions apply
• Financial info: Total monthly fees: $408; Total annual fees: $4,896
• HOA & community: Monthly HOA fee of $377 (required; association approval required); Association amenities: clubhouse, fitness center, pool, spa/hot tub, sauna, tennis courts, pickleball, shuffleboard, golf course access, recreation facilities, park, sidewalks, street lights, gated entry, security, community mailbox, laundry, maintenance, optional additional fees; Association includes: 24-hour guard, pool, internet, grounds maintenance, management, recreational facilities, escrow reserves, security

Exterior

• Parking: Driveway; Golf cart parking; Carport with 2 spaces
• Security: Gated community; 24-hour guard (included with association)
• Utilities: Public water; Public sewer; Electricity connected; Fiber optics available; Cable available; Sewer connected; Water connected; Underground utilities; Sprinkler with recycled water; Irrigation equipment
• Home design: Manufactured home (double wide); One story; Southwest facing; Crawlspace foundation
• Construction: Vinyl siding; Roof over
• Exterior features: Lighting; Storage; Shed(s); Other exterior storage

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Built-in features; Ceiling fans; Crown molding; Kitchen/family room combo; Living room/dining room combo; Open floorplan; Walk-in closet(s); Window treatments
• Laundry & utility: Washer; Dryer; Laundry room; Outdoor laundry access

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $134k.

Deal economics

• At list price, monthly cash flow is $98 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $134k).
• Recommended offer: $118k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.2% 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: Kingsway Elementary School (math 55% / reading 53%, grade C, #936 of 2,144 statewide, top 44%, 596 students, 58% FRL); Charlotte High School (math 44% / reading 46%, grade D-, #228 of 667 statewide, top 35%, 1,994 students, 41% FRL) — zoned schools at 49% 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 35% 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 $926 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 298 days — a 12% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 11y ago; this cycle's ask has dropped $16k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $91k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 22% of rent.
• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $117,920 (12.0% below list)

Questions for the listing agent

1. It's been on market 298 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 1.38% ✓
• Cap rate: 7.17%
• Cash-on-cash: 3.14%
• DSCR: 1.14
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $105,408
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2100 Kings Hwy #288	0.00mi	2/2.0	864 (0%)	4mo	$77,500	$90	97
2100 Kings Hwy #545	0.00mi	2/2.0	864 (0%)	6mo	$51,000	$59	95
2100 Kings Hwy #591	0.52mi	2/2.0	864 (0%)	2mo	$105,000	$122	75
2100 Kings Hwy #58	0.52mi	2/2.0	912 (+6%)	3mo	$125,000	$137	64

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: -16.1%
• Equity multiple: 0.45×
• Total profit: $-20,590
• Equity at exit: $19,980

10-year hold

• IRR: -18.1%
• Equity multiple: 0.21×
• Total profit: $-29,623
• Equity at exit: $11,586

Cash invested: $37,520 (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: 6.0×

Monthly cashflow live

• Estimated rent: $1,849 high
• Mortgage (P&I): −$703
• Tax from tax record: −$196 /mo · $2,351/yr
• Insurance: −$56
• HOA: −$408
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $98

Break-even live

Break-even rent $1,725

Max offer price $134,000

Occupancy floor 90%

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: $33,500
• Closing costs: $4,020
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1999 Kings Hwy Port Charlotte, FL	2.0	1.0–2.0	906	$1,800	$1.99	21d	2	0.69mi
1499 Capricorn Blvd Port Charlotte, FL	2.0	2.0	980	$1,495	$1.53	21d	1	0.70mi
25225 Rampart Blvd Punta Gorda, FL	2.0	2.0	886	$1,925	$2.17	21d	5	0.81mi
1200 Loveland Blvd Punta Gorda, FL	1.0–3.0	1.0–2.0	1151	$2,030	$1.76	13d	276	0.99mi
2060 Willow Hammock Cir Unit D304 Punta Gorda, FL	2.0	2.0	924	$1,600	$1.73	21d	1	1.13mi
2121 Heron Lake Dr #204 Punta Gorda, FL	2.0	2.0	996	$1,500	$1.51	21d	1	1.14mi
25100 Sandhill Blvd Port Charlotte, FL	2.0	2.0	860	$1,788	$2.08	21d	2	1.41mi
24151 Beatrix Blvd Port Charlotte, FL	3.0	1.0–2.0	990	$1,955	$1.97	13d	28	1.43mi
25050 Sandhill Blvd Unit 5B1 Punta Gorda, FL	2.0	2.0	900	$1,500	$1.67	21d	1	1.46mi

HOA detail

• Monthly dues: $408 · $4,896/yr
• Likely covers: internetsecurity

Listing history 27 events

1. 2026-06-18
   days on market $134,000 Active 298 DOM
2. 2026-06-17
   days on market $134,000 Active 297 DOM
3. 2026-06-16
   days on market $134,000 Active 296 DOM
4. 2026-06-15
   days on market $134,000 Active 295 DOM
5. 2026-06-14
   days on market $134,000 Active 293 DOM
6. 2026-06-13
   days on market $134,000 Active 292 DOM
7. 2026-06-10
   days on market $134,000 Active 290 DOM
8. 2026-06-09
   days on market $134,000 Active 289 DOM
9. 2026-06-08
   days on market $134,000 Active 288 DOM
10. 2026-06-05
    days on market $134,000 Active 284 DOM
11. 2026-06-02
    days on market $134,000 Active 282 DOM
12. 2026-06-01
    days on market $134,000 Active 281 DOM
13. 2026-05-31
    days on market $134,000 Active 280 DOM
14. 2026-05-30
    days on market $134,000 Active 279 DOM
15. 2026-04-06
    price $134,000
16. 2026-04-06
    status Active
17. 2025-10-22
    price $144,500
18. 2025-06-18
    listed $149,500 Active
19. 2019-11-22
    soldstatus $91,000 Sold 991-char remark

    Show marketing remark (991 chars)

    Looking for your winter getaway OR a year round home in a 55+ gated manufactured home park with an active adult lifestyle? This one will be the one for you. Everything is done for you - laminate floors (NO carpet here), neutral interior paint, crown molding, furnished, clean and ready for you to move in. You can also enjoy being outside on your front, enclosed lanai and socializing with the passersby. There is room to park one car in the carport and there is also a separate space to park your golf cart. Maple Leaf is a resident owned 55+ community. Active resort lifestyle includes 5 tennis courts, bocce ball, lawn bowling, 2 shuffleboard court centers, 2 hot tubs, fitness facility, woodworkers shop, pottery studio, 75+ clubs/activities, 2 pickleball courts, restaurant, full service bar & more. One indoor cat is allowed in this home. Price includes $40,000 share. Sold furnished. Maple Leaf is in the process of having fiber optic internet network installed community wide.

20. 2019-11-05
    status Pending 991-char remark

    Show marketing remark (991 chars)

    Looking for your winter getaway OR a year round home in a 55+ gated manufactured home park with an active adult lifestyle? This one will be the one for you. Everything is done for you - laminate floors (NO carpet here), neutral interior paint, crown molding, furnished, clean and ready for you to move in. You can also enjoy being outside on your front, enclosed lanai and socializing with the passersby. There is room to park one car in the carport and there is also a separate space to park your golf cart. Maple Leaf is a resident owned 55+ community. Active resort lifestyle includes 5 tennis courts, bocce ball, lawn bowling, 2 shuffleboard court centers, 2 hot tubs, fitness facility, woodworkers shop, pottery studio, 75+ clubs/activities, 2 pickleball courts, restaurant, full service bar & more. One indoor cat is allowed in this home. Price includes $40,000 share. Sold furnished. Maple Leaf is in the process of having fiber optic internet network installed community wide.

21. 2019-10-24
    listed $102,000 Active 991-char remark

    Show marketing remark (991 chars)

    Looking for your winter getaway OR a year round home in a 55+ gated manufactured home park with an active adult lifestyle? This one will be the one for you. Everything is done for you - laminate floors (NO carpet here), neutral interior paint, crown molding, furnished, clean and ready for you to move in. You can also enjoy being outside on your front, enclosed lanai and socializing with the passersby. There is room to park one car in the carport and there is also a separate space to park your golf cart. Maple Leaf is a resident owned 55+ community. Active resort lifestyle includes 5 tennis courts, bocce ball, lawn bowling, 2 shuffleboard court centers, 2 hot tubs, fitness facility, woodworkers shop, pottery studio, 75+ clubs/activities, 2 pickleball courts, restaurant, full service bar & more. One indoor cat is allowed in this home. Price includes $40,000 share. Sold furnished. Maple Leaf is in the process of having fiber optic internet network installed community wide.

22. 2019-10-11
    historical
23. 2019-04-11
    listed $104,900 Active
24. 2015-12-15
    soldstatus $81,000 Sold
25. 2015-11-11
    status Pending
26. 2015-11-07
    price $84,500
27. 2015-10-06
    listed $89,000 Active

ⓘ 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: $2,351 · $196/mo
• Projected year-2 tax: $2,351 · $196/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 5/10 Major FEMA zone X (unshaded) · 40% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 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: $22,185
• − Mortgage interest: −$7,506
• − Property taxes: −$2,351
• − Insurance: −$670
• − Repairs & maintenance: −$1,775
• − Management: −$1,775
• − HOA: −$4,896
• − Depreciation: −$3,898
• Taxable loss: −$686
• Est. tax savings @ 24.0%: +$165
• After-tax cash flow: $1,341/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

• County: Charlotte County · 196,994 people
• City population: 102,180
• 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

+50.6% since first listed

13 events — show timeline

• 2026-04-06 Price Changed $134,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-10-22 Price Changed $144,500 Stellar MLS as Distributed by MLS Grid
• 2025-06-18 Listed $149,500 Stellar MLS as Distributed by MLS Grid
• 2019-11-22 Sold (MLS) $91,000 Stellar MLS as Distributed by MLS Grid
• 2019-11-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-10-24 Listed $102,000 Stellar MLS as Distributed by MLS Grid
• 2019-10-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2019-04-11 Listed $104,900 Stellar MLS as Distributed by MLS Grid
• 2015-12-15 Sold (MLS) $81,000 Stellar MLS as Distributed by MLS Grid
• 2015-11-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-11-07 Price Changed $84,500 Stellar MLS as Distributed by MLS Grid
• 2015-10-06 Listed $89,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+3.5%/yr

Latest (2025): $2,351 · -3.6% YoY. Source: county tax records.