New Construction Duplex with
For Sale
$599,900
Pending
16125 BADALONA DRIVE, Punta Gorda, FL 33955
Two residential units feature upgraded kitchens, covered patios, and hurricane-impact windows.
Property Size3,016 SF
Days on Market705
Property Features for 16125 BADALONA DRIVE
General Information
Standard status
Pending
Size
3,016 SF
Total Parking Spaces
4
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$673
Building Details
Year Built
2024
Buildings
1
Listing Agency:
GULF GATEWAY REALTY, INC.
(239) 443-2500
Listed By:
Reed Schweizer · License #3132713
(239) 229-5948
Source:
Exitrealty
Added: Nov 10, 2024
Changed: Sep 30
Last Checked: Sep 30 at 10:55AM
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 GULF GATEWAY REALTY, INC.
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Investment Insights
Based on property information with market context.
This 2024 duplex is under construction and contains 3,016 square feet across two residential units. Each side is designed with 3 bedrooms, 2 bathrooms, and a two-car garage, along with more than 1,500 square feet of interior space. Covered patio areas extend the living areas outdoors.
Interior specifications include stainless-steel appliances, 42-inch upper kitchen cabinets, granite countertops, and Luxury Vinyl Plank flooring. Hurricane-impact windows are also included. The property is located at 16125 Badalona Drive in Punta Gorda, Florida 33955.
Interior specifications include stainless-steel appliances, 42-inch upper kitchen cabinets, granite countertops, and Luxury Vinyl Plank flooring. Hurricane-impact windows are also included. The property is located at 16125 Badalona Drive in Punta Gorda, Florida 33955.
Key Highlights
- 2024 duplex under construction with 3,016 square feet
- Each unit offers 3 bedrooms and 2 bathrooms
- Two‑car garage provided for each side
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,176
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,520
$583.5K
Cap Rate 7%
$416,800
$416.8K
Cap Rate 9%
$324,178
$324.2K
Market Conditions
NOI Build-Up for 3,016 SF
Gross rent
$51.4K $17.04/SF
− Vacancy
−$9.7K −$3.22/SF
EGI
$41.7K $13.82/SF
− OpEx
−$12.5K −$4.15/SF
NOI
$29.2K $9.67/SF
Area
Charlotte County, FL
Vacancy
18.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,520
Cap Rate 7%
$416,800
Cap Rate 9%
$324,178
Alternative Uses
Best Use
Multifamily LT 5
$416.8K
$364.7K – $486.3K
NOI $29,176 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$380.4K
$332.8K – $443.8K
NOI $26,627 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$987.5K
$864.1K – $1.15M
NOI $69,127 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 33955, FL
10,071
Population
6,872
Households
1.5
Avg Household Size
63
Median Age
31%
College-Educated
90%
High-School Grad
78.4 sq mi
ZIP Area
128
Density / Sq Mi
$76,733
Median Household Income
$38,971
Median Earnings
$1,559
Median Rent
$321,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature upgraded kitchens, covered patios, and hurricane-impact windows.
Where is this duplex located?
The property is located at 16125 BADALONA DRIVE Punta Gorda, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2024 duplex under construction with 3,016 square feet; Each unit offers 3 bedrooms and 2 bathrooms; Two‑car garage provided for each side
