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Spacious Waterfront Townhome in PGI

3800 BAL HARBOR BOULEVARD 312 Punta Gorda, FL 33950

3800 BAL HARBOR BOULEVARD 312, Punta Gorda, FL, 33950
$440,000
For Sale
$440,000

Two-story, 3 bed/2.5 bath waterfront townhome with deeded dock.

Property Size2,224 SF
Price / SF$197.84
Days on Market607

Property Features for 3800 BAL HARBOR BOULEVARD 312

General Information

Standard status
Active
Size
2,224 SF
Property subtype
Condo/Townhome

Building Details

Year Built
1994
Listing Agency RE/MAX HARBOR REALTY
Listed by Luke Andreae · License #3056380
Source Exitrealty
Added: Nov 21, 2024 Updated: Jul 10 at 1:05 pm Checked: Jul 19 at 5:09 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 RE/MAX HARBOR REALTY


Investment Insights

Based on property information with market context.

This spacious, two-story townhome is located in Punta Gorda Isles. The property features 3 bedrooms and 2.5 bathrooms. It includes a private, 2-car garage and a waterfront view with sailboat access to Charlotte Harbor. The home offers an open floor plan with a great room, formal dining room, kitchen with eat-in breakfast area, and a 2nd-floor loft. Architectural details include soaring two-story ceilings, decorative plant shelves, columns in the dining area, a private lanai with walk-out access to the dock, and an enclosed front courtyard with a hot tub. The kitchen has ample cabinet and counter space, including a built-in pantry and under-cabinet lighting. The first-floor master suite offers private access to the front courtyard, two walk-in closets, and a large master bath with dual sinks, a jetted tub, and a corner shower. The second floor consists of two guest rooms with a Jack-and-Jill bath and a loft that overlooks the great room. One guest room offers a large, walk-in closet. Other features include a large interior laundry room with an adjacent storage room, hurricane protection, and a large, two-car garage. A concrete dock is located steps from the back door, with water and electric hook-ups available dockside. Complex amenities include an in-ground, solar-heated pool. Miles of sidewalks across the street connect to St Andrews South golf course, the Isles Yacht Club, numerous parks, and Fishermen's Village. The property size is 2224 square feet.

Key Highlights

  • Waterfront townhome with deeded dock and sailboat access to Charlotte Harbor.
  • Private 2‑car garage and concrete dock with water and electric hook‑ups.
  • Spacious 3 bed/2.5 bath layout with open floor plan, including great room, formal dining room, kitchen with breakfast area, and 2nd‑floor loft.

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 $44.6k $20.04
− Vacancy −$8.9k −$3.99
EGI $35.7k $16.05
− OpEx −$16.1k −$7.22
NOI $19.6k $8.83
2,224 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$280.5K
$245.4K – $327.3K (±1% cap)
NOI $19,635 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$728.2K
$637.2K – $849.6K (±1% cap)
NOI $50,974 @ 7.0% cap · market cap 11.58%
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

Suggested Use

Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon Electrical Service Big Box & Wholesale Store Building Supply Skin Care Clinic Bakery

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

FAQs

What type of property is this?
Residential income property - Two-story, 3 bed/2.5 bath waterfront townhome with deeded dock.
Where is this residential income property located?
The property is located at 3800 BAL HARBOR BOULEVARD 312 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Waterfront townhome with deeded dock and sailboat access to Charlotte Harbor.; Private 2‑car garage and concrete dock with water and electric hook‑ups.; Spacious 3 bed/2.5 bath layout with open floor plan, including great room, formal dining room, kitchen with breakfast area, and 2nd‑floor loft.
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