Updated Condo in Villa
26485 RAMPART BOULEVARD D6 Punta Gorda, FL 33983
26485 RAMPART BOULEVARD D6, Punta Gorda, FL, 33983
$150,000
For Sale
$150,000
Updated 2-bedroom condo in desirable Deep Creek community.
Property Size884 SF
Lot Size0.02 Acres
Price / SF$169.68
Days on Market678
Property Features for 26485 RAMPART BOULEVARD D6
General Information
- Standard status
- Active
- Size
- 884 SF
- Lot size
- 0.02 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1989
Listing Agency
RE/MAX PALM PCS
(941) 740-0927
Listed by
Rita DAntona · License #3336085
(941) 740-0927
Source
Exitrealty
Added: Sep 10, 2024 Checked: Jul 17 at 3:26 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 RE/MAX PALM PCS
Investment Insights
Based on property information with market context.
This updated 2-bedroom, 2-bath condo is located in the Villa Manor Community in Deep Creek. The property features an updated kitchen with newer cabinets and tile floors throughout. The spacious living room includes sliders that lead to a lanai. The large master bedroom has a walk-in closet and an updated master bath. The second bedroom is spacious and includes a large closet. The property has washer and dryer hookups. The condo is conveniently located close to shopping and I-75, and is 8 minutes from downtown Punta Gorda. Deep Creek is a deed-restricted community with a golf course and a neighborhood café. The property is conveniently located to a wide range of restaurants, shopping, and events in downtown Punta Gorda. The property size is 884 square feet.
Key Highlights
- Updated 2‑bedroom, 2‑bath condo in desirable Villa Manor Community.
- Updated kitchen with newer cabinets and tile floors throughout.
- Spacious living room with lanai access.
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 | $17.7k | $20.04 |
| − Vacancy | −$3.5k | −$3.99 |
| EGI | $14.2k | $16.05 |
| − OpEx | −$6.4k | −$7.22 |
| NOI | $7.8k | $8.83 |
884 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$111.5K
$97.6K – $130.1K
NOI $7,805 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.4K
$253.3K – $337.7K
NOI $20,261 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Residential income property - Updated 2-bedroom condo in desirable Deep Creek community.
Where is this residential income property located?
The property is located at 26485 RAMPART BOULEVARD D6 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Updated 2‑bedroom, 2‑bath condo in desirable Villa Manor Community.; Updated kitchen with newer cabinets and tile floors throughout.; Spacious living room with lanai access.
