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Canal-Access Duplex with Garages
For Sale
$499,999

16810/16812 San Edmundo Road, Punta Gorda, FL 33955

ResidentialIncome, Punta Gorda, FL

Property Size2,500 SF
Lot Size0.46 Acres
Price / SF$199
Days on Market260

Property Features for 16810/16812 San Edmundo Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description RMF15
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 5
Pets allowed Yes
Subdivision BURNT STORE LAKES
Lot features Multiple Lots
Directions Burnt Store Rd / County Hwy-765 5.6 mi Turn right onto Saragossa Ln 0.3 mi At the roundabout, take the 3rd exit for Cape Horn Blvd 0.1 mi Turn right onto San Ciprian Rd 0.3 mi Turn right onto San Edmundo Rd 0.1 mi Arrive at San Edmundo Rd on right side.
Standard status Active
APN 422330330003
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PGI 021 0857 0008 PUNTA GORDA ISLES SEC21 BLK857 LT8 780/879 1089/98 COR1159/89 1282/1282 1392/725 AFF1408/1476 1408/1477&82 1743/231 2964/1236 TD3456/1546 CT4336/67 4843/1096 3315694
Tax Annual Amount 1585
Legal Description PGI 021 0857 0008 PUNTA GORDA ISLES SEC21 BLK857 LT8 780/879 1089/98 COR1159/89 1282/1282 1392/725 AFF1408/1476 1408/1477&82 1743/231 2964/1236 TD3456/1546 CT4336/67 4843/1096 3315694

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Public
Water front features Canal Access
Water front 1

Amenities

11 large lakes
park
picnic pavilion
canoe/kayak launch

Building Details

Year built 2025
Number of units 2
Flooring type Laminate
Building materials Block, Concrete, Stone, Stucco
Roof type Tile
Architectural style Other
Listing Agency: Shore Line Realty & Associates
Listed By: Michelle DiCicco · License #258016243
Added: Dec 19, 2025 Changed: Sep 3 Last Checked: Sep 5 at 2:06PM
MLS# 2025015326

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex at 16810/16812 San Edmundo Road is under construction and includes 6 bedrooms, 4 bathrooms, 2 single-car garages, and 2,500 square feet of living area. The 0.46-acre parcel has canal access and southeast rear exposure. Interior details include laminate flooring, shaker-style wood cabinetry, granite countertops, tile roofing, impact-rated windows and doors, and paver surfaces at the lanai and front entry. Appliances, a washer, and a dryer are included. Construction materials include block, concrete, stone, and stucco, with central electric heating and cooling, ceiling fans, public water, and public sewer.

The property is located in Burnt Store Lakes, an HOA community with 11 lakes, a resident park and picnic pavilion, and a canoe and kayak launch to Charlotte Harbor. Punta Gorda shopping, restaurants, and beaches are also identified as nearby amenities.

Key Highlights

  • Duplex with 6 bedrooms, 4 bathrooms, and 2 single‑car garages
  • 2,500 square feet of living area on a 0.46‑acre lot
  • Canal access with southeast rear exposure

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,184
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.84%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,680 $483.7K
Cap Rate 7%
$345,486 $345.5K
Cap Rate 9%
$268,711 $268.7K
Market Conditions
NOI Build-Up for 2,500 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$42.6K $17.04/SF
− Vacancy
−$8.1K −$3.22/SF
EGI
$34.5K $13.82/SF
− OpEx
−$10.4K −$4.15/SF
NOI
$24.2K $9.67/SF
Area
Charlotte County, FL
Vacancy
18.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,680
Cap Rate 7%
$345,486
Cap Rate 9%
$268,711

Alternative Uses

Best Use
Multifamily LT 5
$345.5K
$302.3K – $403.1K (±1% cap)
NOI $24,184 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$315.3K
$275.9K – $367.9K (±1% cap)
NOI $22,072 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$818.6K
$716.3K – $955.0K (±1% cap)
NOI $57,300 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Real Estate Agency Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 33955, FL

10,071
Population
6,872
Households
1.5
Avg Household Size
63
Median Age
31%
College-Educated
90%
High-School Grad
78.4 sq mi
ZIP Area
128
Density / Sq Mi
$76,733
Median Household Income
$38,971
Median Earnings
$1,559
Median Rent
$321,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with updated finishes, included appliances, and access to Burnt Store Lakes community amenities.
Where is this duplex located?
The property is located at 16810/16812 San Edmundo Road Punta Gorda, FL.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Duplex with 6 bedrooms, 4 bathrooms, and 2 single‑car garages; 2,500 square feet of living area on a 0.46‑acre lot; Canal access with southeast rear exposure
More about this property
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