About this home
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.
Listing last checked: Listing updated:
Listed by Sabrina Perez · Real Estate Sales Force · MLS #226018971
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Details at a glance
Interior1 property facts
- Rooms
- 0
Building2 property facts
- Style
- Multi Family
- Year built
- 2025
Land & utilities1 property facts
- Lot size
- 0.5522 acres
Financial3 property facts
- Annual taxes
- $3,560
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $5,200,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$26,591 / monthAdjust
- Principal & interest
- $26,294
- Property tax
- $297
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $3,560. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 3609 Bal Harbor Boulevard
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