Punta Gorda, FL 33950

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 3 BR
Bathrooms: 2

Financials

Price:$687,500
Annual Taxes:$3,560
Common charges:$1
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Real Estate Sales Force

This price reflects an individual purchase of ONE townhome !

Description

This price reflects an individual purchase of ONE townhome! Golfers dream, boaters paradise, & your final Airbnb destination! SHORT TERM RENTAL APPROVED, no restrictions! 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. 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.

Amenities

  • Balcony
  • BoatFacilities
  • CableNotAvailable
  • ClubMembershipAvailable
  • Deck
  • Disposal
  • Dryer
  • FirstFloorEntry
  • Golf
  • GolfCourse
  • GolfCourseCommunity
  • LessThanOneAcre
  • Pantry
  • SplitBedrooms
  • UpperLevelPrimary
  • Washer

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.