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Four-Unit Residential Property with Garages

300 W Henry Street, Punta Gorda, FL 33950

For Sale
New
$1,390,000

ResidentialIncome, Punta Gorda, FL

Property Size6,388 SF
Lot Size5.00 Acres
Price / SF$217.60
Days on Market2

Property Features for 300 W Henry Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description NR-10
Bedrooms 8
Bathrooms 12
Full bathrooms 8
Half bathrooms 4
Rooms Bedroom 2, Bathroom 10, Bedroom 5, Bathroom 2, Bedroom 4, Bathroom 11, Bathroom 4, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 3, Bathroom 7, Bathroom 5, Bathroom 12, Bedroom 8, Bedroom 3, Bathroom 6, Bathroom 8, Bedroom 1, Bathroom 9
Pets allowed Call
Exterior features IrrigationSprinklers
Subdivision PUNTA GORDA
Lot features Corner Lot, Sprinklers Automatic
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 5.00 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electric, 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 17438
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

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Ceiling Fan(s), Central Air
Water source Public

Amenities

impact windows
porcelain plank tile
granite countertops
stainless steel appliances
washer/dryer

Building Details

Year built 2018
Floors in Building 2
Number of units 4
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Buildings 2
Listing Agency: Time Realty Services, Inc.
Listed By: Della Booth · License FL #274500756
Added: Nov 10 Last Checked: Nov 11 at 3:06AM
MLS# 2026047438

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. 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.

This four-unit residential property comprises two two-story buildings, with one residence on each floor. Built in 2018, the buildings have block construction, impact windows, and a roof replaced in 2023. Each residence contains three bedrooms, 2.5 bathrooms, porcelain plank tile, granite kitchen countertops, stainless steel appliances, and a washer and dryer. Living areas measure 1,625 square feet in the lower residences and 1,569 square feet in the upper residences. Each unit has a single-car garage; a fifth garage is used for storage. Electric and public water and sewer are separately metered, and there is no HOA. Annual leases are in place, with residences leased unfurnished.

Punta Gorda History Park, its Sunday Market, Fishermen’s Village, the library, and Gilchrist Park are nearby.

Key Highlights

  • Four three‑bedroom residences, each with 2.5 bathrooms
  • Two two‑story buildings, with one residence per floor
  • Lower residences have 1,625 square feet each; upper residences have 1,569 square feet each

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

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Lease Details

4
Residential units
100%
Occupancy
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

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?
Quadplex - Two buildings provide separate residences with private laundry, individual garages, and annual leases in place.
Where is this quadplex 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 three‑bedroom residences, each with 2.5 bathrooms; Two two‑story buildings, with one residence per floor; Lower residences have 1,625 square feet each; upper residences have 1,569 square feet each
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