Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Condo with Private Dock Title is generated by Realmo AI

    208 LEWIS CIRCLE 4A, Punta Gorda, FL 33950

    View on Map
    Claim this Listing
    For Sale
    $239,000

    Furnished 2-bedroom condo with dock and boat lift.

    Type:Condo/Townhome
    Property size:
    1,180 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $202/SF
    Added:
    Mar 24, 2026
    Days on Market:
    75
    Last Refresh:
    Apr 6 at 3:45 am

    Property Features for 208 LEWIS CIRCLE 4A

    General Information

    Standard status
    Active
    Size
    1,180 SF
    Lot size
    0.03 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1985

    We can help!

    Listing Contact
    Steven Torres

    Listing agent Steven Torres License #3402486

    Listing office JOHN R WOOD PROPERTIES

    Listing date Mar 24, 2026

    Source Exitrealty

    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 JOHN R WOOD PROPERTIES

    HighLights

    • Private dock & brand new 10,000 lb boat lift for effortless boating.
    • Waterfront location just minutes from open water on a peaceful canal.
    • Move‑in ready and furnished with tasteful updates, new HVAC, and included utilities (internet, cable).
    • Community amenities include access to a refreshing pool and covered, assigned carport parking.
    • Flexible rental terms with a two‑week minimum lease.
    • Pet‑friendly: cats are welcome.

    Overview

    Located in the Wilshire Isles community, this furnished condo offers waterfront living with two bedrooms and two bathrooms. Built in 1985, the 1,180 sq. ft. property features an open floor plan. It includes a private dock and a new 10,000 lb boat lift with remote control. The primary suite has a walk-in closet, and there is a 25-foot balcony overlooking the canal. Interior features include ceramic tile and laminate flooring, ceiling fans, and a new HVAC unit. Community amenities include a pool and assigned carport parking. The property is pet-friendly (cats welcome) and allows rentals with a two-week minimum lease. It is located close to Fisherman’s Village and downtown Punta Gorda, offering access to waterfront dining, shopping, and entertainment. Public utilities, high-speed internet, and cable are included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic 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
    -82.067091
    Latitude
    26.92448

    Nearby Similar for Sale

    • $580,000
      3,375 SF

      Punta Gorda Restaurant Opportunity

      Free-standing commercial building with restaurant, apartment, and outside storage.
      4214 DUNCAN ROAD, PUNTA GORDA, FL 33982
      View Details
    • $1,600,000
      2,441 SF

      Auto Shop with Four-Bay Garage

      Corner automotive property on Tamiami Trail with four-bay garage and two 12-foot overhead doors.
      1308 TAMIAMI TRAIL, PUNTA GORDA, FL 33950
      View Details
    • $1,100,000

      Prime Commercial Property, Punta Gorda

      Highly visible commercial property in downtown Punta Gorda.
      236 Tamiami Trail, Punta Gorda, FL 33950
      View Details
    • $700,000
      3,500 SF

      PUNTA GORDA Industrial Warehouse

      Industrial warehouse with office, storage, and fenced yard.
      4159 ELECTRIC WAY, PUNTA GORDA, FL 33980
      View Details
    • $700,000
      1,242 SF

      Punta Gorda Industrial Warehouse

      7000+ sq ft warehouse with office/retail space for sale.
      4168 ELECTRIC WAY, PUNTA GORDA, FL 33980
      View Details
    • $1,950,000
      7,808 SF

      Punta Gorda Retail Investment Opportunity

      Versatile commercial property in a high-growth area near Punta Gorda Airport.
      29291 TRIBUNE BOULEVARD, PUNTA GORDA, FL 33955
      View Details
    • $2,400,000
      3,000 SF

      Punta Gorda Mixed-Use Investment

      Unique mobile home and RV park with income potential.
      29208 SNOOK CIRCLE, PUNTA GORDA, FL 33982
      View Details
    • $799,000
      1,800 SF

      Versatile Punta Gorda Workshop

      7,200 SF building with workshop, office, and hobby shop.
      3400 ROWLAND DRIVE, PUNTA GORDA, FL 33980
      View Details
    • $575,999
      2,688 SF

      New Duplex Near Downtown

      New construction duplex with modern amenities, near downtown Punta Gorda.
      301 E VIRGINIA AVENUE, PUNTA GORDA, FL 33950
      View Details
    • $325,000
      1,768 SF

      Gated Punta Gorda Storage Condominium

      Privately owned storage condominium in a gated facility.
      8290 BURNT STORE ROAD, PUNTA GORDA, FL 33950
      View Details
    • $350,000
      1,948 SF

      Waterfront Duplex in Punta Gorda

      Waterfront duplex with rental income potential near downtown Punta Gorda.
      3103 RIVERSIDE DRIVE, PUNTA GORDA, FL 33950
      View Details
    • $300,000

      Under Construction Garage Condos

      Garage condos under construction with premium features and customizable options.
      5225 TAYLOR ROAD, PUNTA GORDA, FL 33950
      View Details

    FAQs

    What type of property is this?
    Residential income property - Furnished 2-bedroom condo with dock and boat lift.
    Where is this residential income property located?
    The property is located at 208 LEWIS CIRCLE 4A Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: Private dock & brand new 10,000 lb boat lift for effortless boating.; Waterfront location just minutes from open water on a peaceful canal.; Move‑in ready and furnished with tasteful updates, new HVAC, and included utilities (internet, cable).
    (239) 472-2411
    We can help!
    Listing Contact
    Steven Torres
    Real Estate License ID: 3402486
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    208 LEWIS CIRCLE 4A, PUNTA GORDA, FL 33950
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!