Waterfront Triplex Investment
238 BOUNDARY BOULEVARD, Rotonda West, FL 33947
Triplex - ROTONDA WEST, FL
Type:Triplex
Property size:
5,885 SFLot size:
0.34 AcresPrice / SF:
$169/SF- Added:
- Jul 11, 2025
- Days on Market:
- 340
- Last Refresh:
- Jun 15 at 3:06 pm
Property Features for 238 BOUNDARY BOULEVARD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Property condition
- New Construction
- Zoning
- RMF15
- Bedrooms
- 9
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Driveway, Garage, Garage - Attached
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Thermostat, Walk-in Closet(s)
- Exterior features
- Lighting, Sliding Doors
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 412022251003
- Size
- 5,885 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1466.77
- Expense value
- 15.829999923706
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Monthly
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water front features
- Canal - Freshwater, Waterfront
- Water front
- 1
Building Details
- Year built
- 2025
- Number of units
- 3
- Flooring type
- Vinyl
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
- BuilderName
- Calzon Construction Inc
Listing agent Barbara Hamerton, LLC License #3032556 (305) 496-4732
Listing office RE/MAX ALLIANCE GROUP 14850 Tamiami Trail, North Port, FL (941) 429-3506
Listing date Jul 11, 2025
MLS# D6143022
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.
HighLights
- Waterfront triplex on the Rotonda River canal with direct freshwater access.
- Exceptional investment opportunity with rental income potential; live in one unit, rent the other two.
- High‑end finishes including impact‑resistant windows, quartz countertops, stainless steel appliances, and luxury vinyl plank flooring.
- Three units: two with 3 beds/2 baths/1‑car garage; one larger unit with 3 beds/2 baths/2‑car garage/office.
- Energy‑efficient construction with impact‑resistant windows, LED lighting, and blown‑in insulation.
- Located in Rotonda West, near golf courses, trails, a park, and Gulf Coast beaches.
Overview
This nearly completed waterfront triplex in Rotonda West, FL, is an exceptional investment opportunity, nearing its Certificate of Occupancy. The property features three units: two units offer 1,351 sq ft with three bedrooms, two bathrooms, and a single-car garage. The third, larger unit provides 1,794 sq ft with three bedrooms, two bathrooms, a two-car garage, plus an additional office or bonus room. The rear porch of the larger unit provides full water views. Each energy-efficient residence is equipped with high-end finishes including impact-resistant windows, recessed lighting, ceiling fans, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, shaker-style ivory kitchen and vanity cabinets with soft-close drawers, full-height tile backsplashes in the kitchen, energy-efficient LED lighting, brushed nickel fixtures, and epoxy-coated garage floors, and blown-in insulation. Detailed floorplans show split-bedroom layouts, an open great room and dining area, foyer entry, indoor laundry, and walk-in closets in the primary suites. Located on the freshwater Rotonda River canal, the community offers outdoor activities such as fishing and exploring 23 miles of canals by kayak, canoe, or small boat. Amenities include five golf courses offering 99 holes, scenic walking and biking trails, a 165-acre park with playgrounds, peaceful lakes, and gardens. Nearby Gulf Coast beaches like Englewood and Boca Grande are easily accessible. The area is known for fishing opportunities with marinas, piers, and boating facilities. Downtown Punta Gorda and Englewood’s Dearborn Street feature shops, local eateries, and farmers' markets. The property enjoys convenient access to regional and local airports. The property sits on a 0.34-acre lot.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.3k | $17.04 |
| − Vacancy | −$19.0k | −$3.22 |
| EGI | $81.3k | $13.82 |
| − OpEx | −$24.4k | −$4.15 |
| NOI | $56.9k | $9.67 |
5,885 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$813.3K
$711.6K – $948.8K
NOI $56,929 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$742.2K
$649.5K – $865.9K
NOI $51,956 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,884 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Rotonda West
- County
- Charlotte
- State
- Florida
- Longitude
- -82.2965622
- Latitude
- 26.8971252
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Nearly completed waterfront triplex in Rotonda West, Florida.
Where is this triplex located?
The property is located at 238 BOUNDARY BOULEVARD Rotonda West, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Waterfront triplex on the Rotonda River canal with direct freshwater access.; Exceptional investment opportunity with rental income potential; live in one unit, rent the other two.; **High‑end finishes** including impact‑resistant windows, quartz countertops, stainless steel appliances, and luxury vinyl plank flooring.
