3609 Bal Harbor Blvd - Multi-Family FOR SALE


Punta Gorda, FL 33950
$5,500,000 USD
305-392-1497
3609 Bal Harbor Blvd, Punta Gorda, FL for Sale
$5,500,000 USD
Multi-Family - FOR SALE
1/6
null | 7.64% Cap Rate

3609 Bal Harbor Blvd
Punta Gorda, FL 33950


OVERVIEW

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, boat lifts included depending on offer price. All 8 townhomes are separately deeded. Open to strong seller financing!

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$458 USD /SF

# OF UNITS

8

PRICE/UNIT

$687,500

CAP RATE

7.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coastal STR Golfers Oasis + Boaters Paradise

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

412224102002

ASK ABOUT THIS PROPERTY

Sabrina PerezReal Estate Sales ForceMore Info
305-392-1497

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sabrina PerezReal Estate Sales ForceMore Info
305-392-1497

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.