Waterfront Multifamily
25452 SHORE DRIVE, Punta Gorda, FL 33950
For Sale
$825,000
Six rental apartments accompany a separate residence with a pool and riverfront dock.
Property Size3,956 SF
Price / SF$208.54
Days on Market20
Property Features for 25452 SHORE DRIVE
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Amenities
swimming pool
dock
0.92 acres, Dimensions: 100x400
In Ground
Shingle
Septic Tank
Additional parcels description:, Parcel Number: 402332476005, Public Survey Range: 23E, Public Survey Section: 32, Annual Amount: $7,546.61, Tax Block: 2, Tax Book Number: 1-5, Legal Description: SOS 000 0002 0005 SOLONA BLK 2 TH E 1/2 LTS 5 & 8 & RIPARIAN RIGHTS 339/841 787/2187 1586/1645 1766/2032 2211/20 2972/1674 E4378/631 E4378/633 4378/632 RES4378/630, Lot: 5, Year: 2025, Zoning: RMF10
2 spaces
Listing ID: MFRC7532310, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-21, 8 days on market, Special Conditions: None
2 carport spaces
Elementary School: East Elementary, Middle School: Punta Gorda Middle, High School: Charlotte High
Built in 1954, Living area: 3956, Living area units: Square Feet, Construction Materials: Block
Subdivision: SOLONA, MLS Area (Major): 33950 - Punta Gorda, County/Parish: Charlotte
Cable Available, Electricity Available, Water Available, Water Source: Public
Slab
Water Body Name: MYAKKA RIVER, River Front
Road Surface: Asphalt
Ninguno
Other equipment: None
Building Details
Year Built
Buildings
Listing Agency:
HARBORSIDE REALTY
(941) 541-1001
Listed By:
Darcie Capotorto · License FL #3533730
(941) 414-3389
Source:
Miharaandassociates
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 6:49AM
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 HARBORSIDE REALTY
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Investment Insights
Based on property information with market context.
The property includes a two-bedroom, two-bathroom main residence with a two-car garage, bonus room, and swimming pool. Three additional buildings contain six apartments: two studios and four one-bedroom, one-bathroom units. Each apartment in one of the buildings has a carport. The property totals 3,956 square feet and was built in 1954. Extensive hurricane damage affects the structures; the sale is strictly as-is, and structures may be unsafe or contain hazardous materials or environmental concerns.
The property fronts the Peace River and includes a dock described as remaining in good condition. Buyers must independently verify zoning, permitted uses, structural conditions, dock condition, demolition requirements, and redevelopment or rebuilding possibilities. A signed hold-harmless document is required before entry.
The property fronts the Peace River and includes a dock described as remaining in good condition. Buyers must independently verify zoning, permitted uses, structural conditions, dock condition, demolition requirements, and redevelopment or rebuilding possibilities. A signed hold-harmless document is required before entry.
Key Highlights
- Six apartments across three separate buildings
- Main home has 2 bedrooms, 2 bathrooms, a 2‑car garage, bonus room, and pool
- Apartment mix includes two studios and four 1‑bedroom, 1‑bathroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,926
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,520
$698.5K
Cap Rate 7%
$498,943
$498.9K
Cap Rate 9%
$388,067
$388.1K
Market Conditions
NOI Build-Up for 3,956 SF
Gross rent
$79.3K $20.04/SF
− Vacancy
−$15.8K −$3.99/SF
EGI
$63.5K $16.05/SF
− OpEx
−$28.6K −$7.22/SF
NOI
$34.9K $8.83/SF
Area
Charlotte County, FL
Vacancy
19.90%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,520
Cap Rate 7%
$498,943
Cap Rate 9%
$388,067
Alternative Uses
Best Use
Apartment 5plus
$498.9K
$436.6K – $582.1K
NOI $34,926 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,672 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
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Business Placement
Demographics for 33950, FL
24,984
Population
16,748
Households
1.5
Avg Household Size
66
Median Age
36%
College-Educated
95%
High-School Grad
17.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$74,484
Median Household Income
$46,032
Median Earnings
$1,192
Median Rent
$393,500
Median Home Value
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Market
Properties on Market for Apartment buildings in Punta Gorda
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Six rental apartments accompany a separate residence with a pool and riverfront dock.
Where is this apartment building located?
The property is located at 25452 SHORE DRIVE Punta Gorda, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Six apartments across three separate buildings; Main home has 2 bedrooms, 2 bathrooms, a 2‑car garage, bonus room, and pool; Apartment mix includes two studios and four 1‑bedroom, 1‑bathroom units
