Duplex with Central
For Sale
Under Contract
$249,900
27242 SUNNYBROOK Road, Punta Gorda, FL 33983
Residential Income, PUNTA GORDA, FL
Property Size1,820 SF
Lot Size0.20 Acres
Price / SF$137.31
Days on Market342
Property Features for 27242 SUNNYBROOK Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF10
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3
Interior features
Ceiling Fans(s), Solid Surface Counters, Thermostat, Walk-In Closet(s)
Exterior features
Lighting, Private Mailbox, Sidewalk, Sliding Doors
Subdivision
HRBR HEIGHTS
Directions
Driving South on I-75 Exit onto Harbor View Road heading East. Stay straight onto Sunnybrook Rd, property will be on left.
Standard status
Active Under Contract
APN
402322133020
Size
1,820 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
HBH 008 0118 0028 HRBR HTS SEC 8 BLK 118 LT 28 712/2022 775/618 798/1918 1023/1047 1048/1994 1683/992 1901/679 2480/671 2886/326 3173/1740 3314/239 CT3647/817 3685/1811 REST/COV3715/367 HBH 008 0118 0029E HRBR HTS SEC 8 BLK 118 E 3/4 LT 29 712/2022 7 75/618
Tax Annual Amount
5115
Legal Description
HBH 008 0118 0028 HRBR HTS SEC 8 BLK 118 LT 28 712/2022 775/618 798/1918 1023/1047 1048/1994 1683/992 1901/679 2480/671 2886/326 3173/1740 3314/239 CT3647/817 3685/1811 REST/COV3715/367 HBH 008 0118 0029E HRBR HTS SEC 8 BLK 118 E 3/4 LT 29 712/2022 7 75/618
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1981
Number of units
2
Building materials
Block
Roof type
Shingle
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Barry McSwain · License #3455022
(407) 267-4924
Added: Sep 25, 2025
Changed: Aug 28
Last Checked: Sep 1 at 1:06PM
MLS# O6347284
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.
Investment Insights
Based on property information with market context.
This 1,820-square-foot duplex, built in 1981, includes two residential units with two bedrooms and two bathrooms apiece. Tile flooring extends throughout both units, while natural light, ceiling fans, walk-in closets, solid surface counters, and sliding doors add practical interior features. The front unit has white kitchen cabinetry and a 2018 AC system; the rear unit has brown cabinetry and a 2016 AC system. The building is constructed of block and has a shingle roof, central heating, and central air conditioning.
The property occupies 0.2 acres in Punta Gorda, with RMF10 zoning. Public water and public sewer serve the property. Sidewalks, exterior lighting, and private mailboxes are included among the site features, and the location provides access to I-75, US-41, shopping, dining, schools, and Gulf beaches.
The property occupies 0.2 acres in Punta Gorda, with RMF10 zoning. Public water and public sewer serve the property. Sidewalks, exterior lighting, and private mailboxes are included among the site features, and the location provides access to I-75, US-41, shopping, dining, schools, and Gulf beaches.
Key Highlights
- Two‑unit duplex with 1,820 square feet of property size
- Each unit includes 2 bedrooms and 2 bathrooms
- Front‑unit AC system installed in 2018; rear‑unit system installed in 2016
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
$17,606
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
7.05%
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%
$352,120
$352.1K
Cap Rate 7%
$251,514
$251.5K
Cap Rate 9%
$195,622
$195.6K
Market Conditions
NOI Build-Up for 1,820 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
$31.0K $17.04/SF
− Vacancy
−$5.9K −$3.22/SF
EGI
$25.2K $13.82/SF
− OpEx
−$7.5K −$4.15/SF
NOI
$17.6K $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%
$352,120
Cap Rate 7%
$251,514
Cap Rate 9%
$195,622
Alternative Uses
Best Use
Multifamily LT 5
$251.5K
$220.1K – $293.4K
NOI $17,606 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$229.5K
$200.9K – $267.8K
NOI $16,068 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$595.9K
$521.4K – $695.2K
NOI $41,714 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 33983, FL
16,124
Population
9,114
Households
1.8
Avg Household Size
58
Median Age
22%
College-Educated
94%
High-School Grad
10.6 sq mi
ZIP Area
1,521
Density / Sq Mi
$67,705
Median Household Income
$36,748
Median Earnings
$1,357
Median Rent
$324,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units feature tile flooring, private kitchens, and access to public water and sewer service.
Where is this duplex located?
The property is located at 27242 SUNNYBROOK Road Punta Gorda, FL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,820 square feet of property size; Each unit includes 2 bedrooms and 2 bathrooms; Front‑unit AC system installed in 2018; rear‑unit system installed in 2016
