Search
Eight Townhome Short-Term Rental Portfolio
For Sale
$6,000,000

3609 Bal Harbor Boulevard, Punta Gorda, FL 33950

Portfolio of eight fully condo-converted townhomes designed for short-term rentals, each with garage and three-bedroom layout.

Property SizeContact for details
Days on Market114

Property Features for 3609 Bal Harbor Boulevard

General Information

Standard status Active
Class Class A
Property subtype Commercial

Financials

Asking Price $4,999,000
Cap Rate 6.5%

Units

Unit Mix 8 x 3BR/2BA
Multifamily Units 8

Building Details

Year Built 2025
Listing Agency: Real Estate Sales Force
Listed By: Sabrina Perez
Source: Cthomeseekers
Added: Apr 16 Changed: Jul 30 Last Checked: Aug 7 at 12:47AM

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 Real Estate Sales Force

Investment Insights

Based on property information with market context.

Bal Harbor Townhomes is a portfolio opportunity consisting of eight fully condo-converted townhomes, each with approximately 1,500 SF and a three-bedroom, two-bath layout plus a garage. The residences feature 9-foot ceilings. Built in 2025, the portfolio is positioned as a short-term rental-ready offering with no short term rental restrictions.

Each unit includes an exclusive view of the golf course from the front door. The offering also notes golf course membership included for the first two years, with possible deed docks included.

Financial projections presented with the portfolio include a going-in cap rate range of 5.76%–6.50% and projected five-year IRRs of 10.3%–13.3%, based on the complete package of eight townhomes.

Key Highlights

  • Portfolio of eight fully condo‑converted townhomes built in 2025
  • Approximately 1,500 SF per three‑bedroom, two‑bath townhome plus garage
  • 9‑foot ceilings and golf course view from the front door

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Hair Salon Restaurant Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

197
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Short term rental property - Portfolio of eight fully condo-converted townhomes designed for short-term rentals, each with garage and three-bedroom layout.
Where is this short term rental property located?
The property is located at 3609 Bal Harbor Boulevard Punta Gorda, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Portfolio of eight fully condo‑converted townhomes built in 2025; Approximately 1,500 SF per three‑bedroom, two‑bath townhome plus garage; 9‑foot ceilings and golf course view from the front door
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message