1610 ISLAMORADA BOULEVARD 62C, Punta Gorda, FL 33955
Well-maintained 2-bedroom condo with marina access and resort-style amenities.
- Added:
- Mar 2, 2024
- Days on Market:
- 848
- Last Refresh:
- May 19 at 8:41 pm
Property Features for 1610 ISLAMORADA BOULEVARD 62C
General Information
- Standard status
- Active
- Size
- 1,516 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1979
Listing office COLDWELL BANKER REALTY (239) 851-2216
Listing date Mar 2, 2024
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 COLDWELL BANKER REALTY
HighLights
- Turnkey Furnished Condo: Move in or rent out immediately.
- Burnt Store Marina Location: Enjoy waterfront dining, sailboat marina, golf, tennis, pickleball, and social activities.
- Updated Features: Repainted interior, newer kitchen appliances, pendant lighting, and wind‑rated windows.
- Spacious Lanai with Greenspace View: Large tiled lanai with screened and enclosed options.
- Master Ensuite: Features a large walk‑in shower, dual sinks, ample closet space, and lanai access.
- Community Amenities: Allocated heated pool, social room, and shuffleboard nearby.
Overview
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 | $30.4k | $20.04 |
| − Vacancy | −$6.0k | −$3.99 |
| EGI | $24.3k | $16.05 |
| − OpEx | −$11.0k | −$7.22 |
| NOI | $13.4k | $8.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Punta Gorda
- County
- Charlotte
- State
- Florida
- Longitude
- -82.0522429
- Latitude
- 26.7625405