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    51 BOUNDARY BOULEVARD Rotonda West, FL 33947

    View on Map
    For Sale
    $425,000

    Duplex - ROTONDA WEST, FL

    Type:Duplex
    Property size:
    2,368 SF
    Lot size:
    0.33 Acres
    Added:
    Feb 1, 2025
    Days on Market:
    424
    Last Refresh:
    Apr 1 at 6:06 pm

    Property Features for 51 BOUNDARY BOULEVARD

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    RMF15
    Bedrooms
    3
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Garage, Garage - Attached
    Pets allowed
    Yes
    Interior features
    Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Thermostat
    Standard status
    Active
    APN
    412027427009
    Size
    2,368 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    7498
    Expense value
    15.829999923706
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Number of units
    2
    Flooring type
    Carpet, Tile
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Traci Creighton
    Traci Creighton

    Listing agent Traci Creighton License #3374207

    Listing office KELLER WILLIAMS ISLAND LIFE REAL ESTATE 206 Harbor Drive S., Venice, FL

    Listing date Feb 1, 2025

    MLS# C7504419 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

    Rotonda West Duplex with Garages

    This property in Rotonda West, FL, features a duplex, each unit containing 2 bedrooms, 2 bathrooms, and a 1-car garage. The property offers an opportunity for immediate income generation. The roof was replaced in 2023, and the AC units and water heaters were installed in 2018. Each unit includes indoor utility rooms, sliding doors leading to composite decks, tile flooring in the living areas, and newer carpeting in the bedrooms. Located in Rotonda West, the property is near multiple golf courses and 26 miles of canals. It is situated centrally to Boca Grande Beach and Englewood Beach, making it suitable for vacation, seasonal, or long-term rentals. The property size is 2368 square feet and the lot size is 0.33 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Rotonda West
    County
    Charlotte
    State
    Florida
    Longitude
    -82.29143
    Latitude
    26.87751

    Nearby Similar for Sale

    • $890,000
      3,679 SF

      Updated Waterfront Triplex in Rotonda

      Fully furnished triplex on a double lot near beaches.
      337 BOUNDARY BOULEVARD, 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 BOULEVARD, ROTONDA WEST, FL 33947
      View Details
    • $550,000
      2,626 SF

      Newer Duplex in Rotonda West

      Modern duplex built in 2022, ideal for diverse lifestyles.
      357 BOUNDARY BOULEVARD, 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 BOULEVARD, ROTONDA WEST, FL 33947
      View Details

    FAQs

    What type of property is this?
    Duplex - Income-generating duplex in Rotonda West near beaches and golf.
    Where is this duplex located?
    The property is located at 51 BOUNDARY BOULEVARD Rotonda West, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Two 2‑bedroom, 2‑bathroom units, each with a 1‑car garage, providing immediate rental income.; New roof installed in 2023.; AC units and water heaters replaced in 2018.
    (941) 451-9419
    We can help!
    Listing Contact
    Traci Creighton
    Traci Creighton
    Real Estate License ID: 3374207
    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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