REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,900,000
Est. payment /mo
Price Dropped by $600K
3609 Bal Harbor BLVD Punta Gorda, FL 33950
0.55 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi-Family: Low Rise (1-3 Floors),Multi-Family: 5+ Units,Senior Housing: Assisted Living Residences,Senior Housing: Congregate Senior Housing
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226018971
HOA Y/N No
Year Built 2025
Annual Tax Amount $3,560
Tax Year 2025
Lot Size 0.552 Acres
Acres 0.5522
Property Sub-Type Multi-Family: Low Rise (1-3 Floors),Multi-Family: 5+ Units,Senior Housing: Assisted Living Residences,Senior Housing: Congregate Senior Housing
Source Naples
Property Description
One or more photo(s) has been virtually staged, AI generated or rendered. 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. 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.
Location
State FL
County Charlotte
Area Ch01 - Charlotte County
Interior
Inclusions Building And Land, Furniture
Exterior
Waterfront Description None
Private Pool No
Building
New Construction Yes
Others
Tax ID 412224102002
Listed by Real Estate Sales Force • Sabrina Perez