3609 Bal Harbor blvd, Punta Gorda, FL 33950
3609 Bal Harbor blvd, Punta Gorda, FL 33950
3609 Bal Harbor blvd, Punta Gorda, FL 33950
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Monica Cataluña, CCIM

Monica Cataluña, CCIM

+1(954) 812-1831
$4,900,000
Est. payment /mo
12,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $408

MLS Listing ID A11998544

HOA Y/N No

Lot Size 0.552 Acres

Property Sub-Type Multi Family

Property Description

Bal Harbor 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.

Location

State FL

County Charlotte

Area 5940 Florida Other

Exterior

Private Pool Yes

Others

Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry

Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11998544

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Real Estate Sales Force

Nearby Locations

Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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3609 Bal Harbor blvd