33950 Zip Code Real Estate For Sale

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3609 Bal Harbor Blvd Unit 2, Punta Gorda, Florida 33950, image 1
New - 5 days 11 hrs ago
$687,500
  • 3 Beds
  • 2 Baths
House for sale
3609 Bal Harbor Blvd Unit 2, Punta Gorda, FL 33950
This price reflects an individual purchase of one townhome! Golfers dream, boaters paradise, & your final airbnb destination! Short term rental approved, no restrictions! Bal harbour townhomes presents a compelling opportunity to acquire a portfolio of eight (8) fully condo-converted townhomes at 1, 500 sq ft per 3 bedroom/2 bathroom townhomes + garage. 9ft ceilings with exclusive view of the vibrant, lavish golf course in each unit right when you open the front door. When it comes to the coastal punta gorda, florida market — it’s one of southwest florida's fastest-growing short-term rental corridors. With a negotiated all-cash price of $4, 999, 000, this portfolio delivers a 5.76%–6.50% going-in cap rate and projected 5-year irrs of 10.3%–13.3% — institutional-quality returns for a coastal florida str class a asset. Free golf membership included for the first 2 years, option to purchase a deeded dock across the street at community marina! Association fee will be finalized for individual townhome purchases.
3609 Bal Harbor Blvd, Punta Gorda, Florida 33950, image 1
New - 5 days 13 hrs ago
$5,500,000
    Multifamily for sale
    3609 Bal Harbor Blvd, Punta Gorda, FL 33950
    Bal harbour townhomes presents a compelling opportunity to acquire a portfolio of eight (8) fully condo-converted townhomes at 1, 500 sq ft per 3 bedroom/2 bathroom townhomes + garage. 9ft ceilings with exclusive view of the vibrant, lavish golf course in each unit right when you open the front door. When it comes to the coastal punta gorda, florida market — it’s one of southwest florida's fastest-growing short-term rental corridors. With a negotiated all-cash price of $4, 999, 000, this portfolio delivers a 5.76%–6.50% going-in cap rate and projected 5-year irrs of 10.3%–13.3% — institutional-quality returns for a coastal florida str class a asset. No short term rental restrictions! Projected income of $52, 000 per month on airbnb for all 8 townhomes. Golf course membership included first 2 years, possible deed docks included. This is not a fourplex, yet an eight plex.

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    33950, FL Snapshot
    106
    Active Inventory
    0
    New Listings
    $119.9K to $3M
    Price Tier
    18
    Pending Sales
    $452.5K
    Median Closed Price
    89
    Avg. Days On Market

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