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Waterfront Duplex With Garages
For Sale
$499,999

16810/16812 San Edmundo Rd, Punta Gorda, FL 33955

New construction income property with modern finishes, two residences, and community access to lakes and Charlotte Harbor.

Property Size2,500 SF
Lot Size0.46 Acres
Price / SF$199
Days on Market296

Property Features for 16810/16812 San Edmundo Rd

General Information

Standard status Active
Size 2,500 SF
Total Parking Spaces 2
Lot size 0.46 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

community lakes
park
picnic pavilion
canoe/kayak launch

Building Details

Year Built 2025
Buildings 1
Listing Agency: Shore Line Realty & Associates
Listed By: Michelle DiCicco · License #258016243
Source: Naplesareahomesearch
Added: Nov 11, 2025 Changed: Sep 2 Last Checked: Sep 1 at 8:07PM

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 Shore Line Realty & Associates

Investment Insights

Based on property information with market context.

Completed in 2025, this custom duplex provides 2,500 square feet of living area across 6 bedrooms and 4 bathrooms. Each residence includes a single-car garage, while the property also features a tile roof, impact-rated windows and doors, paver surfaces at the lanai and front entry, shaker-style wood cabinetry, granite countertops, and laminate flooring. Appliances, a washer, and a dryer are included. The home occupies an oversized 0.46-acre waterfront lot with desirable southeast rear exposure.

Located in Burnt Store Lakes Subdivision, the property is part of an HOA community with 11 lakes, a resident park and picnic pavilion, and a canoe and kayak launch providing access to Charlotte Harbor. Shopping, restaurants, and beaches are nearby. The duplex is offered for sale and is also available for rent.

Key Highlights

  • Custom‑built 2025 duplex on a 0.46‑acre waterfront lot
  • 2,500 square feet with 6 bedrooms and 4 bathrooms
  • Two single‑car garages

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,184
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.84%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,680 $483.7K
Cap Rate 7%
$345,486 $345.5K
Cap Rate 9%
$268,711 $268.7K
Market Conditions
NOI Build-Up for 2,500 SF 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.
Gross rent
$42.6K $17.04/SF
− Vacancy
−$8.1K −$3.22/SF
EGI
$34.5K $13.82/SF
− OpEx
−$10.4K −$4.15/SF
NOI
$24.2K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,680
Cap Rate 7%
$345,486
Cap Rate 9%
$268,711

Alternative Uses

Best Use
Multifamily LT 5
$345.5K
$302.3K – $403.1K (±1% cap)
NOI $24,184 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$315.3K
$275.9K – $367.9K (±1% cap)
NOI $22,072 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$818.6K
$716.3K – $955.0K (±1% cap)
NOI $57,300 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Real Estate Agency Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - New construction income property with modern finishes, two residences, and community access to lakes and Charlotte Harbor.
Where is this duplex located?
The property is located at 16810/16812 San Edmundo Rd Punta Gorda, FL.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Custom‑built 2025 duplex on a 0.46‑acre waterfront lot; 2,500 square feet with 6 bedrooms and 4 bathrooms; Two single‑car garages
More about this property
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