Turnkey Duplex with Impact
For Sale
$515,000
357 Boundary Boulevard, Rotonda West, FL 33947
Newly built 2022 duplex with hurricane-impact windows and doors, public water and sewer, and fully furnished interiors.
Property Size2,626 SF
Price / SF$196.12
Days on Market96
Property Features for 357 Boundary Boulevard
General Information
Standard status
Active
Size
2,626 SF
Property subtype
Multi-Family
Building Details
Year Built
2022
Listing Agency:
RE/MAX PALM REALTY OF VENICE
Listed By:
Regina Melman · License #3455400
(941) 525-6818
Source:
Whitesandsfl
Added: Jul 21
Changed: Oct 2
Last Checked: Oct 7 at 3:30PM
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
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Investment Insights
Based on property information with market context.
Newly built in 2022, this turnkey duplex offers two separate sides, each featuring 3 bedrooms and 2 bathrooms. The interiors include luxury vinyl plank flooring, tile in wet areas, tray ceilings, and an open-concept layout. Each side is presented fully furnished, with gourmet kitchens offering granite countertops, soft-close cabinetry, pantry closets, and a modern design. Additional building features include spray-foam attic insulation and hurricane-impact windows and doors. The exterior is constructed with solid block, with paver driveways, a sprinkler system, rain gutters, and landscaping.
The property is serviced by public water and public sewer and is described as being in a non-flood zone. It is located in the Rotonda West community, and the public remarks note proximity to Gulf beaches, parks, golf courses, dining, and shopping.
Overall, the duplex provides a clean, modern, low-maintenance configuration with a furnished setup and storm-resistant improvements already in place on both sides.
The property is serviced by public water and public sewer and is described as being in a non-flood zone. It is located in the Rotonda West community, and the public remarks note proximity to Gulf beaches, parks, golf courses, dining, and shopping.
Overall, the duplex provides a clean, modern, low-maintenance configuration with a furnished setup and storm-resistant improvements already in place on both sides.
Key Highlights
- Newly built 2022 duplex with 2,626 sq. ft. under air (each side has 3 bedrooms and 2 bathrooms).
- Hurricane‑impact windows and doors, plus spray‑foam attic insulation for comfort and energy efficiency.
- Public water and public sewer available; solid block construction connected to city utilities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,403
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,060
$508.1K
Cap Rate 7%
$362,900
$362.9K
Cap Rate 9%
$282,256
$282.3K
Market Conditions
NOI Build-Up for 2,626 SF
Gross rent
$44.7K $17.04/SF
− Vacancy
−$8.5K −$3.22/SF
EGI
$36.3K $13.82/SF
− OpEx
−$10.9K −$4.15/SF
NOI
$25.4K $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%
$508,060
Cap Rate 7%
$362,900
Cap Rate 9%
$282,256
Alternative Uses
Best Use
Multifamily LT 5
$362.9K
$317.5K – $423.4K
NOI $25,403 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$331.2K
$289.8K – $386.4K
NOI $23,184 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$859.8K
$752.4K – $1.00M
NOI $60,188 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
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Business Placement
Demographics for 33947, FL
10,462
Population
6,973
Households
1.5
Avg Household Size
65
Median Age
30%
College-Educated
96%
High-School Grad
13.3 sq mi
ZIP Area
787
Density / Sq Mi
$73,453
Median Household Income
$42,875
Median Earnings
$1,359
Median Rent
$352,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Newly built 2022 duplex with hurricane-impact windows and doors, public water and sewer, and fully furnished interiors.
Where is this duplex located?
The property is located at 357 Boundary Boulevard Rotonda West, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Newly built 2022 duplex with 2,626 sq. ft. under air (each side has 3 bedrooms and 2 bathrooms).; Hurricane‑impact windows and doors, plus spray‑foam attic insulation for comfort and energy efficiency.; Public water and public sewer available; solid block construction connected to city utilities.
