Remodeled Duplex with In-Unit
49 BOUNDARY BOULEVARD #B Rotonda West, FL 33947
49 BOUNDARY BOULEVARD #B, Rotonda West, FL, 33947
$499,900
For Sale
$499,900
Turnkey duplex with two leased units, each offering three bedrooms, in-unit laundry, and a 1-car garage.
Property Size2,368 SF
Price / SF$211.11
Days on Market16
Property Features for 49 BOUNDARY BOULEVARD #B
General Information
- Standard status
- Active
- Size
- 2,368 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1985
Listing agency
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
(941) 254-6467
Listed by
Traci Creighton · License #3374207
Source
Miharaandassociates
Added: Jul 6 Updated: Jul 21 at 7:06AM Checked: Jul 21 at 7:06AM
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
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
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 | $40.4k | $17.04 |
| − Vacancy | −$7.6k | −$3.22 |
| EGI | $32.7k | $13.82 |
| − OpEx | −$9.8k | −$4.15 |
| NOI | $22.9k | $9.67 |
2,368 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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 BOULEVARD #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
