Triplex Waterfront Pool
337 Boundary Boulevard Rotonda West, FL 33947
New
337 Boundary Boulevard, Rotonda West, FL, 33947
$890,000
For Sale
$890,000
Triplex for sale with a central 3-bedroom pool/waterfront residence and two 2-bedroom condo-style units on a double lot.
Property Size3,679 SF
Price / SF$241.91
Days on Market3
Property Features for 337 Boundary Boulevard
General Information
- Standard status
- Active
- Size
- 3,679 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1999
Listing agency
RE/MAX PALM REALTY OF VENICE
(941) 525-6818
Listed by
Regina Melman · License #3455400
Source
Whitesandsfl
Added: Jul 20 Updated: Jul 21 at 11:19PM Checked: Jul 21 at 11:19PM
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 RE/MAX PALM REALTY OF VENICE
Investment Insights
Based on property information with market context.
This for-sale triplex features a central pool/waterfront home with a spacious 3-bedroom plus den layout and two bathrooms, designated as Unit #B. Two additional units, #A and #C, provide 2-bedroom, 2-bath condo-style configurations. The property is described as fully furnished and updated. Recent improvements include a newer roof from 2019, interior paint from 2022, and exterior paint from 2020.
The triplex sits on a double lot and is served by public water and public sewer. The offering is presented as located in Rotonda West, a deed-restricted community with no minimum lease period, which may support leasing flexibility.
According to the seller remarks, the community setting includes proximity to intracoastal waterways, golf, dining, shopping, and a nearby park with hiking trails, bird watching, a gazebo, picnic areas, and tennis courts. Rotonda West is also described as having miles of canals for kayaking and multiple golf courses and clubhouse amenities.
The triplex sits on a double lot and is served by public water and public sewer. The offering is presented as located in Rotonda West, a deed-restricted community with no minimum lease period, which may support leasing flexibility.
According to the seller remarks, the community setting includes proximity to intracoastal waterways, golf, dining, shopping, and a nearby park with hiking trails, bird watching, a gazebo, picnic areas, and tennis courts. Rotonda West is also described as having miles of canals for kayaking and multiple golf courses and clubhouse amenities.
Key Highlights
- Triplex built in 1999: Unit #B is a 3‑bedroom + den, 2‑bath pool/waterfront residence.
- Units #A and #C are both 2‑bedroom, 2‑bath condo‑style units flanking the center home.
- All units on a double lot, with public water and public sewer.
Local Financial Insights For Multifamily LT 5
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 | $62.7k | $17.04 |
| − Vacancy | −$11.8k | −$3.22 |
| EGI | $50.8k | $13.82 |
| − OpEx | −$15.3k | −$4.15 |
| NOI | $35.6k | $9.67 |
3,679 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$508.4K
$444.9K – $593.2K
NOI $35,589 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$464.0K
$406.0K – $541.4K
NOI $32,481 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$1.20M
$1.05M – $1.41M
NOI $84,323 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kruz Rentals
Vacation Rental
Promo Your Business
Department Store
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FAQs
What type of property is this?
Triplex - Triplex for sale with a central 3-bedroom pool/waterfront residence and two 2-bedroom condo-style units on a double lot.
Where is this triplex located?
The property is located at 337 Boundary Boulevard Rotonda West, FL.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Triplex built in 1999: Unit #B is a 3‑bedroom + den, 2‑bath pool/waterfront residence.; Units #A and #C are both 2‑bedroom, 2‑bath condo‑style units flanking the center home.; All units on a double lot, with public water and public sewer.
