Updated Condo with River
23465 HARBORVIEW ROAD 645 Punta Gorda, FL 33980
23465 HARBORVIEW ROAD 645, Punta Gorda, FL, 33980
$199,999
Pending
For Sale
$199,999
Pending
Tastefully updated 2-bedroom, 2-bath condo with amazing river views.
Property Size1,320 SF
Lot Size0.03 Acres
Days on Market672
Property Features for 23465 HARBORVIEW ROAD 645
General Information
- Standard status
- Pending
- Size
- 1,320 SF
- Lot size
- 0.03 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1985
Listing agency
GULF ACCESS HOMES, INC.
(941) 276-9333
Listed by
Warren Gibbons PA · License #3142257
(941) 276-9333
Source
Exitrealty
Added: Sep 20, 2024 Updated: Jul 10 at 1:04PM Checked: Jul 22 at 8:52AM
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 ACCESS HOMES, INC.
Investment Insights
Based on property information with market context.
This updated 2-bedroom, 2-bath condo is located on the top floor of a gated riverfront community. The corner unit offers views of the Peace River from three sides. The lanai features both glass and screened enclosures. ROLLS LANDING is a 45-acre community with direct access to Charlotte Harbor and the Gulf of Mexico. Community amenities include a heated pool and hot tub, clubhouse, tennis courts, shuffleboard, and walking and bike paths. A 600-foot fishing pier and boat dockage are available on a first-come, first-serve basis for a minimal fee. The property size is 1320 square feet.
Key Highlights
- Top‑floor corner unit with views of the Peace River from 3 sides.
- Gated riverfront community with direct access to Charlotte Harbor and the Gulf of Mexico.
- Tastefully updated 2 bedroom, 2 bath condo.
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 | $26.5k | $20.04 |
| − Vacancy | −$5.3k | −$3.99 |
| EGI | $21.2k | $16.05 |
| − OpEx | −$9.5k | −$7.22 |
| NOI | $11.7k | $8.83 |
1,320 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$166.5K
$145.7K – $194.2K
NOI $11,654 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.2K
$378.2K – $504.2K
NOI $30,254 @ 7.0% cap · market cap 15.13%
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
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Tastefully updated 2-bedroom, 2-bath condo with amazing river views.
Where is this residential income property located?
The property is located at 23465 HARBORVIEW ROAD 645 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Top‑floor corner unit with views of the Peace River from 3 sides.; Gated riverfront community with direct access to Charlotte Harbor and the Gulf of Mexico.; Tastefully updated 2 bedroom, 2 bath condo.
