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    238 BOUNDARY BOULEVARD Rotonda West, FL 33947

    View on Map
    For Sale
    $1,000,000

    Triplex - ROTONDA WEST, FL

    Type:Triplex
    Property size:
    5,885 SF
    Lot size:
    0.34 Acres
    Added:
    Jul 11, 2025
    Days on Market:
    265
    Last Refresh:
    Apr 1 at 4:06 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

    TaxYear
    2024
    TaxAnnualAmount
    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

    We can help!

    Listing Contact
    Barbara Hamerton, LLC

    Listing agent Barbara Hamerton, LLC License #3032556

    Listing office RE/MAX ALLIANCE GROUP 14850 Tamiami Trail, North Port, FL

    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.

    Overview

    Waterfront Triplex Investment Opportunity

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Restaurant Nail Salon Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Department Store Food Market HVAC Service Discount 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
    -82.2965622
    Latitude
    26.8971252

    Nearby Similar for Sale

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    • $560,000
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      Newer Duplex in Rotonda West

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    • $550,000
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      Newer Duplex in Rotonda West

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    • $425,000
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      Rotonda West Duplex with Garages

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    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.
    (305) 496-4732
    We can help!
    Listing Contact
    Barbara Hamerton, LLC
    Real Estate License ID: 3032556
    Learn More
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    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
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