Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    227 Tournament Rd Rotonda West, FL 33947

    View on Map
    Sponsored
    For Sale
    $101,250

    Land - ROTONDA WEST, FL

    Lot size:
    0.44 Acres
    Days on Market:
    39
    Last Refresh:
    Mar 16 at 6:06 am

    Property Features for 227 Tournament Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RSF5
    APN
    412025304012
    Pets allowed
    Yes
    Exterior features
    Paved
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Expense value
    31.670000076294
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Water front features
    Canal - Freshwater, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Stephanie Borchard
    Stephanie Borchard

    Lasbury-Tracy Real Estate, Inc (941) 474-5585

    Listing agent Stephanie Borchard (941) 474-5585 License #3291519

    Listing date Feb 5, 2026

    MLS# D6142246 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Double Lot on Canal

    This property features a double lot measuring 160' x 120' situated on a canal within the deed-restricted community of Rotonda West, specifically in Pine Valley. The property, almost half an acre (0.44 acres), is suitable for building a home. The front of the house would face east, allowing the pool area to receive sun throughout the afternoon and evening. Residents can enjoy various recreational activities such as golfing, tennis, pickleball, and walking trails. The location offers convenient access to shopping, restaurants, and a short drive to area beaches. The zoning is RSF5.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Big Box & Wholesale Store Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rotonda West
    County
    Charlotte
    State
    Florida
    Longitude
    -82.270116
    Latitude
    26.876252

    Nearby Similar for Sale

    • $565,000
      2,626 SF

      Newer Duplex in Rotonda West

      Modern duplex built in 2022, ideal for diverse lifestyles.
      357 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $560,000
      2,612 SF

      Newer Duplex in Rotonda West

      Built in 2022, spacious duplex with high-end finishes.
      338 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $890,000
      3,679 SF

      Updated Waterfront Triplex in Rotonda

      Fully furnished triplex on a double lot near beaches.
      337 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $1,000,000
      5,885 SF

      Waterfront Triplex Investment Opportunity

      Nearly completed waterfront triplex in Rotonda West, Florida.
      238 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $425,000
      2,368 SF

      Rotonda West Duplex with Garages

      Income-generating duplex in Rotonda West near beaches and golf.
      51 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $1,000,000

      Waterfront Triplex Investment Opportunity

      Under construction Rotonda West triplex with premium amenities and water views.
      236 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $1,640,000

      Commercial Building on Gasparilla Road

      7,665 SF commercial building with ample parking and storage.
      8379 Gasparilla Rd, Rotonda West, FL 33947
      View Details
    • $1,000,000

      Waterfront Triplex Investment Opportunity

      Nearly completed waterfront triplex in Rotonda West, Florida.
      238 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $550,000

      Canal Front Duplex with Expansion

      Two-bedroom duplex with expansion potential on a canal front lot.
      188 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $1,150,000

      Waterfront Triplex Investment Opportunity

      New construction waterfront triplex in Rotonda West, Florida.
      234 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $822,600

      New Triplex Investment Opportunity

      Newly built triplex featuring modern finishes and individual garages.
      260 Rotonda Blvd, Rotonda West, FL 33947
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Ready to build your dream home in paradise!
    Where is this residential land & home lot located?
    The property is located at 227 Tournament Rd Rotonda West, FL.
    What is the asking price?
    The asking price for this property is $101,250.
    What are key features of this property?
    This property features: - Rare Double Lot: Enjoy 160' x 120' of canal-front property.; - Deed Restricted Community: Located in desirable Rotonda West.; - Ideal Sun Exposure: East-facing front provides perfect afternoon/evening sun for your future pool.
    (941) 223-4086
    Request Owner's contact information
    227 Tournament Rd Rotonda West, FL 33947
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    227 Tournament Rd
    Rotonda West, FL 33947
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    227 Tournament Rd Rotonda West, FL 33947
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Stephanie Borchard
    Stephanie Borchard
    Real Estate License ID: 3291519
    (941) 223-4086 (941) 474-5585
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!