Fairway-View
3451 BAL HARBOR BLVD, Punta Gorda, FL 33950
For Sale
New
$569,000
Both residences have three-bedroom layouts, screened lanais, and individual garages.
Property Size2,488 SF
Price / SF$228.70
Days on Market6
Property Features for 3451 BAL HARBOR BLVD
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
inside laundry room
screened lanai
irrigation system
professional landscaping
Building Details
Building Size
Year Built
Buildings
Listing Agency:
COLDWELL BANKER SUNSTAR REALTY
Listed By:
Carla Nix · License #3290559
(941) 993-8698
Source:
Nixandassociates
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 6 at 4:44PM
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
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Investment Insights
Based on property information with market context.
Completed in 2024, this duplex contains two residences with a combined 2,488 square feet, six bedrooms, and four bathrooms. Each unit has three bedrooms, two bathrooms, an open living area, an indoor laundry room, and a screened lanai oriented toward the fairways of St. Andrews South Golf Course. Two private oversized garages serve the property. Interior finishes include wood-look tile flooring, granite countertops, stainless steel appliances, tray ceilings, and recessed lighting. The exterior includes a 26-gauge standing seam metal roof, irrigation, and professional landscaping. No HOA fees apply.
The property is in Punta Gorda, minutes from downtown and Charlotte Harbor. Public boat ramps, marinas, waterfront parks, Fishermen’s Village, shops, restaurants, and multiple golf courses are also nearby.
The property is in Punta Gorda, minutes from downtown and Charlotte Harbor. Public boat ramps, marinas, waterfront parks, Fishermen’s Village, shops, restaurants, and multiple golf courses are also nearby.
Key Highlights
- Two‑unit property completed in 2024
- 2,488 square feet with 6 bedrooms and 4 bathrooms
- Each unit has 3 bedrooms, 2 bathrooms, and a screened lanai
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,068
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,360
$481.4K
Cap Rate 7%
$343,829
$343.8K
Cap Rate 9%
$267,422
$267.4K
Market Conditions
NOI Build-Up for 2,488 SF
Gross rent
$42.4K $17.04/SF
− Vacancy
−$8.0K −$3.22/SF
EGI
$34.4K $13.82/SF
− OpEx
−$10.3K −$4.15/SF
NOI
$24.1K $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%
$481,360
Cap Rate 7%
$343,829
Cap Rate 9%
$267,422
Alternative Uses
Best Use
Multifamily LT 5
$343.8K
$300.9K – $401.1K
NOI $24,068 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$313.8K
$274.6K – $366.1K
NOI $21,966 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$814.6K
$712.8K – $950.4K
NOI $57,025 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
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Business Placement
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
$393,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Punta Gorda, FL
Properties on Market for Duplexes in Punta Gorda
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three-bedroom layouts, screened lanais, and individual garages.
Where is this duplex located?
The property is located at 3451 BAL HARBOR BLVD 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: Two‑unit property completed in 2024; 2,488 square feet with 6 bedrooms and 4 bathrooms; Each unit has 3 bedrooms, 2 bathrooms, and a screened lanai
