7500 Palm Island Dr S, Unit 2124, Placida, FL 33946

Placida, FL 33946 · 3 bd · 3 ba · 1,568 sqft · Condo · 34 days on market

The math, in full

Asking price: $565,000
Down payment (15%): $84,750
Loan amount: $480,250
Est. monthly rent: $5,500/mo; Range $4,675 to $6,325/mo
Monthly payment, all-in: $4,642/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.18; $5,500 rent ÷ $4,642 payment
Monthly cashflow: +$858/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 3-bedroom homes in zip 33946, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$84,750

15% down on $565,000

Your local lender

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Screened against real lending criteria. This one fits 3 programs.
Qualifies on the property's rent, no W-2 or tax returns.
Listing data verified as of July 5, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.