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New Golf Course Duplex

3451 Bal Harbor Boulevard Punta Gorda, FL 33950

New
3451 Bal Harbor Boulevard, Punta Gorda, FL, 33950
$569,000
For Sale
$569,000

Newly constructed duplex offers two units and screened lanais with views of St. Andrews South Golf Course fairways.

Property Size2,488 SF
Price / SF$228.70
Days on Market2

Property Features for 3451 Bal Harbor Boulevard

General Information

Standard status
Active
Size
2,488 SF
Property subtype
Multi-Family

Building Details

Year Built
2024
Listing agency COLDWELL BANKER SUNSTAR REALTY
Listed by Carla Nix · License #3290559
Source Whitesandsfl
Added: Jul 21 Updated: Jul 22 at 6:24AM Checked: Jul 22 at 6:24AM

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 COLDWELL BANKER SUNSTAR REALTY


Investment Insights

Based on property information with market context.

A newly constructed duplex offering two complete, income-producing units. Each side features 3 bedrooms and 2 bathrooms with an open-concept floor plan, inside laundry, and a screened lanai overlooking the fairways of St. Andrews South Golf Course. The property includes two private oversized garages and is finished with wood-look tile flooring throughout, granite countertops, and stainless steel appliances, along with tray ceilings and recessed lighting. Additional exterior and maintenance features include a durable 26-gauge standing seam metal roof, an irrigation system, and professional landscaping.

The duplex is located on Bal Harbor Boulevard in Punta Gorda, near downtown Punta Gorda, Charlotte Harbor, public boat ramps, marinas, waterfront parks, Fishermen’s Village, shopping, and dining. It is also close to multiple golf courses and outdoor recreation opportunities.

This sale includes both units, for a combined 6 bedrooms and 4 bathrooms. The property is presented as having no HOA fees.

Key Highlights

  • Newly built 2024 duplex with two units offering a combined 6 bedrooms and 4 bathrooms
  • Approximately 2,488 SF of living space total, with each unit featuring 3 bedrooms and 2 bathrooms
  • Two private oversized garages plus screened lanai overlooking the St. Andrews South Golf Course fairways

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 $42.4k $17.04
− Vacancy −$8.0k −$3.22
EGI $34.4k $13.82
− OpEx −$10.3k −$4.15
NOI $24.1k $9.67
2,488 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$343.8K
$300.9K – $401.1K (±1% cap)
NOI $24,068 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$313.8K
$274.6K – $366.1K (±1% cap)
NOI $21,966 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$814.6K
$712.8K – $950.4K (±1% cap)
NOI $57,025 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Dental Office Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newly constructed duplex offers two units and screened lanais with views of St. Andrews South Golf Course fairways.
Where is this duplex located?
The property is located at 3451 Bal Harbor Boulevard Punta Gorda, FL.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Newly built 2024 duplex with two units offering a combined 6 bedrooms and 4 bathrooms; Approximately 2,488 SF of living space total, with each unit featuring 3 bedrooms and 2 bathrooms; Two private oversized garages plus screened lanai overlooking the St. Andrews South Golf Course fairways
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