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2000 FORREST NELSON BOULEVARD C8 Port Charlotte, FL 33952

2000 FORREST NELSON BOULEVARD C8, Port Charlotte, FL, 33952
$129,900
Pending
For Sale
$129,900
Pending

Residential income properties

Property Size1,218 SF
Lot Size0.02 Acres
Days on Market594

Property Features for 2000 FORREST NELSON BOULEVARD C8

General Information

Standard status
Pending
Size
1,218 SF
Lot size
0.02 Acres
Property subtype
Condo/Townhome

Building Details

Year Built
1984
Listing Agency RE/MAX PALM REALTY
Listed by Walter Grohosky · License #3163706
Source Exitrealty
Added: Dec 2, 2024 Checked: Jul 19 at 4:26 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 PALM REALTY


Investment Insights

Based on property information with market context.

Key Highlights

  • Spacious 2‑bedroom, 2.5‑bathroom townhouse with 1,218 sq ft of living space.
  • Located in the desirable 55+ Aqua Gardens community.
  • Enjoy community amenities including a pool and clubhouse.

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 $24.4k $20.04
− Vacancy −$4.9k −$3.99
EGI $19.6k $16.05
− OpEx −$8.8k −$7.22
NOI $10.8k $8.83
1,218 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$153.6K
$134.4K – $179.2K (±1% cap)
NOI $10,753 @ 7.0% cap · market cap 8.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$398.8K
$349.0K – $465.3K (±1% cap)
NOI $27,917 @ 7.0% cap · market cap 21.49%
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

Parking Lot & Garage Auto Parts Store Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Acupuncture

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

FAQs

Where is this residential income property located?
The property is located at 2000 FORREST NELSON BOULEVARD C8 Port Charlotte, FL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Spacious 2‑bedroom, 2.5‑bathroom townhouse with 1,218 sq ft of living space.; Located in the desirable 55+ Aqua Gardens community.; Enjoy community amenities including a pool and clubhouse.
Contact an agent
More about this property
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