Turnkey Duplex With
For Sale
$399,900
51 BOUNDARY BOULEVARD B, Rotonda West, FL 33947
Two 2-bedroom units with garages; tenants pay utilities, with 2023 roof and updated A/C and water heaters.
Property Size2,968 SF
Price / SF$168.88
Days on Market111
Property Features for 51 BOUNDARY BOULEVARD B
General Information
Standard status
Active
Size
2,968 SF
Property subtype
Residential Income
Zoning
RMF15
Taxes and HOA fees
Annual Taxes
$7,181
Amenities
Playground
Golf Course
Central Air
Central
Dishwasher, Microwave, Range, Refrigerator
Eat-in Kitchen, Open Floorplan
Attached
Other, Private Yard
Building Details
Building Size
2,968 SF
Year Built
1985
Listing Agency:
Island Life Real Estate LLC
Listed By:
Traci Creighton · License #BK3374207
(941) 451-9419
Source:
Evrealestate
Added: Jul 6
Changed: Oct 22
Last Checked: Oct 23 at 7:13AM
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 Island Life Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Fully leased and generating immediate income, this well-maintained duplex offers two 2-bedroom, 2-bath units. Each unit includes a 1-car garage and a tenant-friendly layout with an indoor laundry room. Main living areas feature tile flooring, bedrooms have newer carpet, and sliding glass doors open to composite decks.
The property has had major updates, including a 2023 roof and 2018 A/C units and water heaters. Tenants pay all utilities.
Located in Rotonda West, residents have access to multiple golf courses, 26 miles of canals for fishing, a community boat ramp, and easy access to nearby beaches. The adjacent duplex is also available for purchase, allowing for side-by-side ownership with the option to add a pool.
The property has had major updates, including a 2023 roof and 2018 A/C units and water heaters. Tenants pay all utilities.
Located in Rotonda West, residents have access to multiple golf courses, 26 miles of canals for fishing, a community boat ramp, and easy access to nearby beaches. The adjacent duplex is also available for purchase, allowing for side-by-side ownership with the option to add a pool.
Key Highlights
- Duplex built in 1985 with two 2‑bedroom, 2‑bath units, each with a 1‑car garage
- Tenants pay all utilities
- Major updates include a 2023 roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,907
Cap Rate
5.73%
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 5.73%
Second Best
Apartment 5plus
$298.7K
$261.3K – $348.4K
NOI $20,906 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$775.4K
$678.4K – $904.6K
NOI $54,275 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two 2-bedroom units with garages; tenants pay utilities, with 2023 roof and updated A/C and water heaters.
Where is this duplex located?
The property is located at 51 BOUNDARY BOULEVARD B Rotonda West, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Duplex built in 1985 with two 2‑bedroom, 2‑bath units, each with a 1‑car garage; Tenants pay all utilities; Major updates include a 2023 roof
