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Duplex with Two-Bedroom Units
For Sale
$249,900

27242 SUNNYBROOK Road, Punta Gorda, FL 33983

MULTI_FAMILY - PUNTA GORDA, FL

Property Size1,820 SF
Lot Size0.20 Acres
Price / SF$137.31
Days on Market322

Property Features for 27242 SUNNYBROOK Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RMF10
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 3
Interior features Ceiling Fans(s), Solid Surface Counters, Thermostat, Walk-In Closet(s)
Exterior features Lighting, Private Mailbox, Sidewalk, Sliding Doors
Subdivision HRBR HEIGHTS
Directions Driving South on I-75 Exit onto Harbor View Road heading East. Stay straight onto Sunnybrook Rd, property will be on left.
Standard status Active
APN 402322133020
Size 1,820 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HBH 008 0118 0028 HRBR HTS SEC 8 BLK 118 LT 28 712/2022 775/618 798/1918 1023/1047 1048/1994 1683/992 1901/679 2480/671 2886/326 3173/1740 3314/239 CT3647/817 3685/1811 REST/COV3715/367 HBH 008 0118 0029E HRBR HTS SEC 8 BLK 118 E 3/4 LT 29 712/2022 7 75/618
Tax Annual Amount 5115
Legal Description HBH 008 0118 0028 HRBR HTS SEC 8 BLK 118 LT 28 712/2022 775/618 798/1918 1023/1047 1048/1994 1683/992 1901/679 2480/671 2886/326 3173/1740 3314/239 CT3647/817 3685/1811 REST/COV3715/367 HBH 008 0118 0029E HRBR HTS SEC 8 BLK 118 E 3/4 LT 29 712/2022 7 75/618

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1981
Number of units 2
Building materials Block
Roof type Shingle
Listing Agency: LPT REALTY, LLC
Listed By: Barry McSwain · License #3455022
Added: Sep 25, 2025 Changed: Aug 11 Last Checked: Aug 12 at 9:06PM
MLS# O6347284

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex consists of two separate addresses, 27238 and 27242 SUNNYBROOK Road, built in 1981 with block construction. The property totals 1,820 square feet on a 0.2-acre lot and is served by public water and public sewer. Each unit is configured with two bedrooms and two bathrooms and includes tile flooring throughout. Interior features include ceiling fans, a thermostat, walk-in closets, and solid surface counters.

Both units have central heating and central air. The front unit (27238) has a 2018 AC system, while the back unit (27242) has a 2016 AC system. Additional exterior features include lighting, a private mailbox, sidewalk, and sliding doors. The roof is shingle, and the property is located within zoning RMF10.

Practical day-to-day comfort is supported by the central HVAC and in-unit features, while the separate unit setup provides flexibility for long-term rental use.

Key Highlights

  • 0.2‑acre lot with 1,820 SF duplex on SUNNYBROOK Road (27238 & 27242)
  • Zoned RMF10
  • Each unit has 2 bedrooms and 2 bathrooms with tile flooring throughout

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,606
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.05%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$352,120 $352.1K
Cap Rate 7%
$251,514 $251.5K
Cap Rate 9%
$195,622 $195.6K
Market Conditions
NOI Build-Up for 1,820 SF 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.
Gross rent
$31.0K $17.04/SF
− Vacancy
−$5.9K −$3.22/SF
EGI
$25.2K $13.82/SF
− OpEx
−$7.5K −$4.15/SF
NOI
$17.6K $9.67/SF
Area
Charlotte County, FL
Vacancy
18.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$352,120
Cap Rate 7%
$251,514
Cap Rate 9%
$195,622

Alternative Uses

Best Use
Multifamily LT 5
$251.5K
$220.1K – $293.4K (±1% cap)
NOI $17,606 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$229.5K
$200.9K – $267.8K (±1% cap)
NOI $16,068 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$595.9K
$521.4K – $695.2K (±1% cap)
NOI $41,714 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Auto Parts Store Grocery & Convenience Store Big Box & Wholesale Store Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

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

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex zoned RMF10 with two units, each offering two bedrooms and two bathrooms.
Where is this duplex located?
The property is located at 27242 SUNNYBROOK Road Punta Gorda, FL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 0.2‑acre lot with 1,820 SF duplex on SUNNYBROOK Road (27238 & 27242); Zoned RMF10; Each unit has 2 bedrooms and 2 bathrooms with tile flooring throughout
More about this property
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