Punta Gorda Condo with
2001 BAL HARBOR BOULEVARD 2203 Punta Gorda, FL 33950
2001 BAL HARBOR BOULEVARD 2203, Punta Gorda, FL, 33950
$199,000
For Sale
$199,000
Move-in ready condo in gated community with access to amenities.
Property Size1,498 SF
Price / SF$132.84
Days on Market557
Property Features for 2001 BAL HARBOR BOULEVARD 2203
General Information
- Standard status
- Active
- Size
- 1,498 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2011
Listing agency
PARADISE EXCLUSIVE INC
(941) 276-0646
Listed by
Julie Lowder · License #3029614
(941) 276-0646
Source
Exitrealty
Added: Jan 10, 2025 Updated: Jul 10 at 1:05PM Checked: Jul 21 at 4:46AM
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 PARADISE EXCLUSIVE INC
Investment Insights
Based on property information with market context.
Located in the Preserve of Bal Harbor, this move-in ready condo offers a split floor plan with an open-concept layout and high ceilings. The kitchen features wood cabinetry, stainless steel appliances, granite countertops, a breakfast bar, and a pantry. The primary suite includes tray ceilings, a private ensuite bath with a tall wood vanity, granite countertops, a soaking tub, a custom-tiled shower, and a walk-in closet. Two additional bedrooms provide space for guests or a home office. Hurricane impact sliding glass doors lead to a large lanai. Residents have access to a clubhouse with a fitness center, pool table, and entertaining space, as well as a large heated pool and a dock on the lake. The gated community offers security with designated underground parking, guest parking, and a 10 x 10 storage unit. An elevator provides access to the second-floor unit. The association has passed the State Mandated Structural Integrity Reserve Study (SIRS) with no repairs needed. The property is located minutes away from fishing, boating, the Gulf of Mexico, the Peace River, and Charlotte Harbor, as well as downtown Punta Gorda, Fisherman’s Village, farmers markets, walking and biking trails, and cultural venues. The property is 1498 square feet.
Key Highlights
- Move‑in ready 3 bedroom/2 bathroom condo in a gated community with lake access and dock.
- Hurricane impact sliding glass doors and designated underground parking with extra guest parking.
- Clubhouse with fitness center, pool table, and large heated pool.
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 | $30.0k | $20.04 |
| − Vacancy | −$6.0k | −$3.99 |
| EGI | $24.0k | $16.05 |
| − OpEx | −$10.8k | −$7.22 |
| NOI | $13.2k | $8.83 |
1,498 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$188.9K
$165.3K – $220.4K
NOI $13,225 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$490.5K
$429.2K – $572.2K
NOI $34,334 @ 7.0% cap · market cap 17.25%
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
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FAQs
What type of property is this?
Residential income property - Move-in ready condo in gated community with access to amenities.
Where is this residential income property located?
The property is located at 2001 BAL HARBOR BOULEVARD 2203 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Move‑in ready 3 bedroom/2 bathroom condo in a gated community with lake access and dock.; Hurricane impact sliding glass doors and designated underground parking with extra guest parking.; Clubhouse with fitness center, pool table, and large heated pool.
