Turnkey Condo in 55+
150 HARBORSIDE AVENUE 313 Punta Gorda, FL 33950
150 HARBORSIDE AVENUE 313, Punta Gorda, FL, 33950
$250,000
For Sale
$250,000
Third-floor condo in Punta Gorda 55+ community with amenities.
Property Size1,077 SF
Price / SF$232.13
Days on Market575
Property Features for 150 HARBORSIDE AVENUE 313
General Information
- Standard status
- Active
- Size
- 1,077 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1974
Listing Agency
KW PEACE RIVER PARTNERS
(941) 875-4177
Listed by
Matthew Patterson · License #3225618
(941) 875-4177
Source
Exitrealty
Added: Dec 21, 2024 Checked: Jul 16 at 8:09 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW PEACE RIVER PARTNERS
Investment Insights
Based on property information with market context.
This turnkey condo, located in the Charlevoi 55+ community of Punta Gorda, features 2 bedrooms and 2 bathrooms. The living and dining room area provides ample living space. The kitchen is equipped with stainless-steel appliances, granite countertops, a tiled backsplash, a breakfast counter, and a stackable washer and dryer. The master bedroom includes a built-in closet and a private bathroom with a single sink vanity, a walk-in shower, and a linen closet. The second bedroom also has a built-in closet and a private bathroom with a single sink vanity, a shower/tub combo, and a linen closet. A screened-in lanai offers a space to enjoy the Florida weather. The Charlevoi community provides access to a community pool, recreation and fitness centers, and a library. An elevator is planned for the building. The condo is located in the heart of Punta Gorda, within walking distance of dining, entertainment, shopping, the Harbor Walk, parks, fishing and boating areas, and Historic Downtown. The property size is 1077 square feet.
Key Highlights
- Prime location in the heart of Punta Gorda, walking distance to dining, entertainment, shopping, Harbor Walk, and parks.
- Turn‑key, move‑in ready condition with stainless steel appliances and granite countertops.
- Two primary bedrooms, each with built‑in closets and private bathrooms.
Local Financial Insights For Apartment 5plus
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 | $21.6k | $20.04 |
| − Vacancy | −$4.3k | −$3.99 |
| EGI | $17.3k | $16.05 |
| − OpEx | −$7.8k | −$7.22 |
| NOI | $9.5k | $8.83 |
1,077 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$135.8K
$118.9K – $158.5K
NOI $9,508 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.6K
$308.6K – $411.4K
NOI $24,685 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Third-floor condo in Punta Gorda 55+ community with amenities.
Where is this residential income property located?
The property is located at 150 HARBORSIDE AVENUE 313 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime location in the heart of Punta Gorda, walking distance to dining, entertainment, shopping, Harbor Walk, and parks.; Turn‑key, move‑in ready condition with **stainless steel appliances and granite countertops.**; Two primary bedrooms, each with built‑in closets and private bathrooms.
