Waterfront Condo in Punta
3251 WHITE IBIS COURT A4 Punta Gorda, FL 33950
3251 WHITE IBIS COURT A4, Punta Gorda, FL, 33950
$265,000
For Sale
$265,000
Two-bedroom condo with water views, lanai, and community amenities.
Property Size1,025 SF
Lot Size0.03 Acres
Price / SF$258.54
Days on Market686
Property Features for 3251 WHITE IBIS COURT A4
General Information
- Standard status
- Active
- Size
- 1,025 SF
- Lot size
- 0.03 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1980
Listing agency
MICHAEL SAUNDERS & COMPANY
(941) 268-1511
Listed by
Genevieve Ramachandran · License #3201024
(941) 268-1511
Source
Exitrealty
Added: Sep 5, 2024 Updated: Jul 10 at 1:04PM Checked: Jul 21 at 5:54AM
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 MICHAEL SAUNDERS & COMPANY
Investment Insights
Based on property information with market context.
Located in Punta Gorda Isles, this condo features 2 bedrooms and 2 bathrooms, offering a tranquil and comfortable lifestyle. The master suite includes large windows with water views, a walk-in closet, and an en-suite bathroom with a walk-in shower and dual sinks. The second bedroom is suitable for guests or a home office. A private screened lanai provides a space for relaxation and dining, with views of sunsets over the water. Additional features include in-unit laundry and covered parking. Residents have access to community amenities such as a swimming pool, clubhouse, and private dock. The property is 1025 square feet. The location provides access to shopping, dining, and the cultural scene of Punta Gorda.
Key Highlights
- Waterfront location in Punta Gorda Isles with stunning sunset views from a private screened lanai.
- Access to community amenities including a swimming pool, clubhouse, and private dock.
- Spacious master suite with water views, walk‑in closet, and en‑suite bathroom with dual sinks and walk‑in shower.
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 | $20.5k | $20.04 |
| − Vacancy | −$4.1k | −$3.99 |
| EGI | $16.5k | $16.05 |
| − OpEx | −$7.4k | −$7.22 |
| NOI | $9.0k | $8.83 |
1,025 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$129.3K
$113.1K – $150.8K
NOI $9,049 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$335.6K
$293.7K – $391.6K
NOI $23,493 @ 7.0% cap · market cap 8.87%
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 - Two-bedroom condo with water views, lanai, and community amenities.
Where is this residential income property located?
The property is located at 3251 WHITE IBIS COURT A4 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Waterfront location in Punta Gorda Isles with stunning sunset views from a private screened lanai.; Access to community amenities including a swimming pool, clubhouse, and private dock.; Spacious master suite with water views, walk‑in closet, and en‑suite bathroom with dual sinks and walk‑in shower.
