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Four-Unit Multifamily Property

300 W HENRY Street, Punta Gorda, FL 33950

For Sale
New
$1,390,000

Residential Income, PUNTA GORDA, FL

Property Size6,388 SF
Lot Size0.50 Acres
Price / SF$217.60
Days on Market5

Property Features for 300 W HENRY Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning NR-10
Bedrooms 12
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 12, Bathroom 3, Bedroom 5, Bedroom 2, Bathroom 9, Bedroom 3, Bathroom 10, Bedroom 11, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 5, Bathroom 7, Bedroom 10, Bedroom 9, Bathroom 8, Bathroom 6, Bedroom 12, Bathroom 11, Bedroom 7, Bedroom 6, Bathroom 1, Bedroom 8
Parking features Driveway, Assigned
Window features Storm Window(s)
Interior features Ceiling Fans(s), Stone Counters
Exterior features Rain Gutters
Appliances Dishwasher, Dryer, Microwave, Range, Washer
Subdivision CITY/PUNTA GORDA
Lot features Flood Zone
View City
Directions US Hwy 41, west on Henry Street. Property on corner of Henry and Lemon.
Standard status Active
APN 412307159008
Size 6,388 SF
Lot size 0.50 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity, water, sewer

Taxes and HOA fees

Tax Year 2026
Tax Description PUG 000 0133 00P2 PUNTA GORDA BLK 133 THE E 1/2 OF THE E 165 FT OF THE S 133 FT OF BLK 133 AKA P2 BEING 0.25 AC OR 10914 SF M/L 257/260 563/1061 2755/1616 2755/1617 3089/1931 CT3332/2168 3747/1670 4013/2180 4093/632 4111/1302 CD4120/1870
Tax Annual Amount 17439
Legal Description PUG 000 0133 00P2 PUNTA GORDA BLK 133 THE E 1/2 OF THE E 165 FT OF THE S 133 FT OF BLK 133 AKA P2 BEING 0.25 AC OR 10914 SF M/L 257/260 563/1061 2755/1616 2755/1617 3089/1931 CT3332/2168 3747/1670 4013/2180 4093/632 4111/1302 CD4120/1870

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

washer/dryer
granite countertops
stainless steel appliances
impact windows

Building Details

Year built 2018
Floors in Building 2
Number of units 4
Flooring type Tile
Building materials Block, Stucco
Roof type Shingle
Buildings 2
Listing Agency: TIME REALTY SERVICES, INC.
Listed By: Della Booth · License #BK666238
Added: Nov 5 Changed: Nov 9 Last Checked: Nov 9 at 3:06AM
MLS# C7533034

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.

Rey
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Investment Insights

Based on property information with market context.

Two two-story buildings contain four residences, each with three bedrooms, 2.5 bathrooms, and 1,569 or 1,625 square feet of living area. The property totals 6,388 square feet on 0.5 acres and was built in 2018. Block construction, impact windows, and a roof replaced in 2023 are among its physical features. Interiors include tile flooring, granite kitchen counters, stainless steel appliances, and in-unit washers and dryers. Each residence has a single-car garage; an additional garage is used for storage. Electric and public water and sewer are separately metered. Annual leases are in place, and zoning is NR-10.

Punta Gorda History Park, Fishermen’s Village, the library, and Gilchrist Park are nearby. The Sunday Market is held weekly at History Park.

Key Highlights

  • Four residences across two two‑story buildings; three bedrooms and 2.5 bathrooms per unit
  • 6,388 square feet on 0.5 acres; built in 2018
  • Annual leases in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,795
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,235,900 $1.2M
Cap Rate 7%
$882,786 $882.8K
Cap Rate 9%
$686,611 $686.6K
Market Conditions
NOI Build-Up for 6,388 SF
Gross rent
$108.9K $17.04/SF
− Vacancy
−$20.6K −$3.22/SF
EGI
$88.3K $13.82/SF
− OpEx
−$26.5K −$4.15/SF
NOI
$61.8K $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 Rate 5%
$1,235,900
Cap Rate 7%
$882,786
Cap Rate 9%
$686,611

Alternative Uses

Best Use
Multifamily LT 5
$882.8K
$772.4K – $1.03M (±1% cap)
NOI $61,795 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$805.7K
$705.0K – $940.0K (±1% cap)
NOI $56,397 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M (±1% cap)
NOI $146,413 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Punta Gorda, FL

$266 Jul
$234 Aug
$236 Sep
$273 Oct

Properties on Market for Multifamily properties in Punta Gorda

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Annual leases are in place, with private laundry and a single-car garage for each residence.
Where is this multifamily property located?
The property is located at 300 W HENRY Street Punta Gorda, FL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Four residences across two two‑story buildings; three bedrooms and 2.5 bathrooms per unit; 6,388 square feet on 0.5 acres; built in 2018; Annual leases in place
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