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    The Largest CRE Database in the US with Over 1 Million Listings

    3655 Bal Harbor Blvd, Unit 111-113 Punta Gorda, FL 33950

    Sponsored
    For Sale
    $1,395,000

    multifamily - PUNTA GORDA, FL

    Property size:
    5,691 SF
    Lot size:
    0.55 Acres
    Days on Market:
    26
    Last Refresh:
    Feb 4 at 12:06 pm

    Property Features for 3655 Bal Harbor Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Interior features
    CROWN MOLDING, LIVING ROOM/DINING ROOM COMBO, APPLIANCES: MICROWAVE, APPLIANCES: DRYER, STONE COUNTERS, SOLID WOOD CABINETS, LOFT, APPLIANCES: RANGE HOOD, APPLIANCES: RANGE, INSIDE UTILITY, WALK-IN CLOSET(S), WINDOW TREATMENTS, APPLIANCES: DISHWASHER, APPLIANCES: ELECTRIC WATER HEATER, APPLIANCES: REFRIGERATOR, APPLIANCES: WASHER, GREAT ROOM, CEILING FANS(S), OPEN FLOORPLAN, APPLIANCES: DISPOSAL, APPLIANCES: RANGE, APPLIANCES: REFRIGERATOR, APPLIANCES: WASHER, STONE COUNTERS, OPEN FLOORPLAN, GREAT ROOM, EAT-IN KITCHEN, HIGH CEILINGS, THERMOSTAT, BUILT-IN FEATURES, HIGH CEILINGS, CROWN MOLDING, WALK-IN CLOSET(S)
    Exterior features
    BLOCK, STUCCO
    Size
    5,691 SF
    Lot size
    0.55 Acres

    Utilities

    Utilities
    Electricity Available, Water Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2019
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Carla Nix
    Carla Nix

    Coldwell Banker Schmidt Family Of Companies

    Listing agent Carla Nix (941) 225-4663

    Listing date Jan 10, 2026

    MLS# C7515296 Listing URL

    Copyright © 2026 Coldwell Banker Schmidt REALTORS. 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

    Modern Golf Course Triplex

    This modern two-story triplex, constructed in 2019, is located on the fairways of St. Andrews South Golf Course in Punta Gorda Isles. Each townhouse unit features a floor plan with three bedrooms (or two bedrooms plus an office) and three full bathrooms. The bedrooms are generously sized and include private en-suite bathrooms. A third full bath is located on the main level across from the third bedroom or office. The residences include soaring ceilings, crown molding, porcelain tile flooring, stone counters, custom cabinetry, and hurricane-impact windows and doors. Floor-to-ceiling glass sliders open to private screened lanais overlooking golf course views. Kitchens are equipped with Samsung appliances and abundant storage. The upgraded end unit features a private heated pool/spa, custom electric fireplace, and enhanced cabinetry in the garage. Each unit includes a two-car garage, paver driveway, and pre-wiring for an elevator. Unit 113 & 112 are tenant-occupied with annual leases. The upgraded end unit is turn-key furnished. The triplex is designed to allow for future conversion into individual condominiums. The property is located in a boating and golf course community. The property size is 5691 square feet and the lot size is 0.55 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.06927
    Latitude
    26.8996689

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    FAQs

    What type of property is this?
    Triplex - Immaculate triplex on St. Andrews South Golf Course.
    Where is this triplex located?
    The property is located at 3655 Bal Harbor Blvd, Unit 111-113 Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: - Turnkey triplex built in 2019 on St. Andrews South Golf Course.; - Each unit features **3 bedrooms** and **3 full bathrooms** with luxurious finishes and a private screened lanai boasting golf course views.; - Upgraded end unit includes a **private heated pool/spa**, custom electric fireplace, and enhanced cabinetry, offered turnkey furnished.
    (941) 993-8698
    Request Owner's contact information
    3655 Bal Harbor Blvd, Unit 111-113 Punta Gorda, FL 33950
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    Punta Gorda, FL 33950
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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
    3655 Bal Harbor Blvd, Unit 111-113 Punta Gorda, FL 33950
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    We can help!
    Listing Contact
    Carla Nix
    Carla Nix
    Real Estate License ID: 3290559
    (941) 993-8698
    Learn more
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