Punta Gorda Condo with
For Sale
$165,000
25225 RAMPART BOULEVARD 1606, Punta Gorda, FL 33983
Charming 2-bedroom condo with lake views in Punta Gorda.
Property Size886 SF
Lot Size0.03 Acres
Price / SF$186.23
Days on Market551
Property Features for 25225 RAMPART BOULEVARD 1606
General Information
Standard status
Active
Size
886 SF
Lot size
0.03 Acres
Property subtype
Condo/Townhome
Building Details
Year Built
1984
Listing Agency:
KW PEACE RIVER PARTNERS
(941) 777-3041
Listed By:
Carol Nelson · License #3506365
(941) 777-3041
Source:
Exitrealty
Added: Jan 25, 2025
Changed: Jul 6
Last Checked: Jul 30 at 5:02AM
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 KW PEACE RIVER PARTNERS
Investment Insights
Based on property information with market context.
This second-floor condo is located in the Deep Creek community of Punta Gorda, Florida. The property features an open floor plan with two bedrooms and two full bathrooms. The kitchen includes a bar area. A laundry closet is also present. Sliders lead to a private lanai with lake views. Hurricane shutters provide protection. The property has a size of 886 square feet. A one-year home warranty is included.
Key Highlights
- Serene lake views from a private lanai.
- Located in the desirable Deep Creek community of Punta Gorda, FL.
- Includes a one‑year home warranty.
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 | $17.8k | $20.04 |
| − Vacancy | −$3.5k | −$3.99 |
| EGI | $14.2k | $16.05 |
| − OpEx | −$6.4k | −$7.22 |
| NOI | $7.8k | $8.83 |
886 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$111.7K
$97.8K – $130.4K
NOI $7,822 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$290.1K
$253.8K – $338.5K
NOI $20,307 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 33983, FL
16,124
Population
9,114
Households
1.8
Avg Household Size
58
Median Age
22%
College-Educated
94%
High-School Grad
10.6 sq mi
ZIP Area
1,521
Density / Sq Mi
$67,705
Median Household Income
$36,748
Median Earnings
$1,357
Median Rent
$324,100
Median Home Value
Market
Properties on Market for Residential income properties in Punta Gorda
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Charming 2-bedroom condo with lake views in Punta Gorda.
Where is this residential income property located?
The property is located at 25225 RAMPART BOULEVARD 1606 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Serene lake views from a private lanai.; Located in the desirable Deep Creek community of Punta Gorda, FL.; Includes a one‑year home warranty.
