Remodeled Duplex with In-Unit
For Sale
$499,900
49 BOUNDARY BLVD #B, Rotonda West, FL 33947
Turnkey duplex with two leased units, each offering three bedrooms, in-unit laundry, and a 1-car garage.
Property Size2,368 SF
Days on Market111
Property Features for 49 BOUNDARY BLVD #B
General Information
Standard status
Active
Size
2,368 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,181
Building Details
Building Size
2,368 SF
Year Built
1985
Tenancy
Multi
Listing Agency:
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Listed By:
Traci Creighton · License #BK3374207
(941) 451-9419
Source:
Nixandassociates
Added: Jul 6
Changed: Oct 23
Last Checked: Oct 23 at 3:40PM
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 KELLER WILLIAMS ISLAND LIFE REAL ESTATE
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Investment Insights
Based on property information with market context.
This fully leased, remodeled duplex is turnkey and designed for immediate income. The property was completely reimagined about two years ago with a redesigned floor plan, modern fixtures, and quality finishes throughout. Each unit offers three bedrooms and two bathrooms, plus a 1-car garage. Interior features include tile flooring, in-unit laundry with a new washer and dryer, and updated kitchens with new appliances. Impact-resistant updates include new windows and doors, and the bathrooms have been renovated.
The property is located in Rotonda West, described as a quiet, charming community. The remarks note that the area is minutes from the beaches of Boca Grande and Englewood, with access to fishing and boating, and more than 100 holes of championship golf.
The adjacent duplex is also available, offering the option to own both properties together for a combined four-unit rental community, with room to add a swimming pool as desired for long-term or seasonal tenants.
The property is located in Rotonda West, described as a quiet, charming community. The remarks note that the area is minutes from the beaches of Boca Grande and Englewood, with access to fishing and boating, and more than 100 holes of championship golf.
The adjacent duplex is also available, offering the option to own both properties together for a combined four-unit rental community, with room to add a swimming pool as desired for long-term or seasonal tenants.
Key Highlights
- Remodeled 1985‑built duplex with two fully leased units generating immediate income
- Each unit offers 3 bedrooms, 2 bathrooms, and a 1‑car garage
- In‑unit laundry in each unit with a new washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,907
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,140
$458.1K
Cap Rate 7%
$327,243
$327.2K
Cap Rate 9%
$254,522
$254.5K
Market Conditions
NOI Build-Up for 2,368 SF
Gross rent
$40.4K $17.04/SF
− Vacancy
−$7.6K −$3.22/SF
EGI
$32.7K $13.82/SF
− OpEx
−$9.8K −$4.15/SF
NOI
$22.9K $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%
$458,140
Cap Rate 7%
$327,243
Cap Rate 9%
$254,522
Alternative Uses
Best Use
Multifamily LT 5
$327.2K
$286.3K – $381.8K
NOI $22,907 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$298.7K
$261.3K – $348.4K
NOI $20,906 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$775.4K
$678.4K – $904.6K
NOI $54,275 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
72
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 - Turnkey duplex with two leased units, each offering three bedrooms, in-unit laundry, and a 1-car garage.
Where is this duplex located?
The property is located at 49 BOUNDARY BLVD #B Rotonda West, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Remodeled 1985‑built duplex with two fully leased units generating immediate income; Each unit offers 3 bedrooms, 2 bathrooms, and a 1‑car garage; In‑unit laundry in each unit with a new washer and dryer
