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    230 ROTONDA Blvd W Rotonda West, FL 33947

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    For Sale
    $549,900

    Modern triplex in Rotonda West with high rental demand.

    Type:Investment
    Added:
    Apr 11, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 11 at 6:37 am

    Property Features for 230 ROTONDA Blvd W

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    Nicole Mantha
    Nicole Mantha

    Listing agent Nicole Mantha License #3015706

    Listing office Island Life Real Estate LLC

    Listing date Apr 11, 2026

    Source Elliman

    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 Island Life Real Estate LLC

    Overview

    Rotonda West Triplex Investment Opportunity

    This 2006-built triplex is located in Rotonda West. The building features three nearly identical units, each offering 2 bedrooms and 2 bathrooms with vaulted ceilings. Kitchens are equipped with Corian countertops, ample storage, closet pantries, and breakfast bars open to the living area. Each unit includes a private screened lanai overlooking a landscaped backyard, with a large storage closet that doubles as a laundry/utility room, and a 1-car garage. Unit A offers direct interior access to its garage. Unit C, an end-unit, features an extra window and a corner lanai with greenbelt views. The property has an oversized driveway for additional parking. Recent updates include a new roof in 2023 and new bedroom carpet in all three units. In 2024, a new motor/pump was installed for the sprinkler system. Unit C updates in 2024/2025 include interior paint, new ceiling fans, a garage door motor, and a new HVAC system. Unit A had a new washer and dryer installed in 2023, interior paint in 2024, and a new dishwasher and HVAC system in 2025. Each unit is self-contained with its own A/C unit, electrical panel, and utility meters. The property is located in Rotonda West, near golf courses and beaches.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Building Supply Gym & Fitness Center Big Box & Wholesale Store Hotel & Motel Storage Facility Carpet & Flooring Store Pet Store Pet Store & Service Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rotonda West
    County
    Charlotte
    State
    Florida
    Longitude
    -82.2566833
    Latitude
    26.8921853

    Nearby Similar for Sale

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    • $560,000
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      Newer Duplex in Rotonda West

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      338 BOUNDARY BOULEVARD, ROTONDA WEST, FL 33947
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    • $550,000
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      Newer Duplex in Rotonda West

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    FAQs

    What type of property is this?
    Triplex - Modern triplex in Rotonda West with high rental demand.
    Where is this triplex located?
    The property is located at 230 ROTONDA Blvd W Rotonda West, FL.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: Triplex built in 2006 in desirable Rotonda West.; Each unit features 2 bedrooms, 2 bathrooms, and open‑concept layout with Corian countertops. Enjoy the private screened lanai with storage/laundry room.; Each unit has a 1‑car garage; Unit A offers direct interior access.
    (941) 223-7339
    We can help!
    Listing Contact
    Nicole Mantha
    Nicole Mantha
    Real Estate License ID: 3015706
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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