Turnkey Duplex With
51 Boundary Boulevard B Rotonda West, FL 33947
New
51 Boundary Boulevard B, Rotonda West, FL, 33947
$399,900
For Sale
$399,900
Two 2-bedroom units with garages; tenants pay utilities, with 2023 roof and updated A/C and water heaters.
Property Size2,368 SF
Price / SF$168.88
Days on Market2
Property Features for 51 Boundary Boulevard B
General Information
- Standard status
- Active
- Size
- 2,368 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1985
Listing agency
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
(941) 451-9419
Listed by
Traci Creighton · License #3374207
Source
Whitesandsfl
Added: Jul 21 Updated: Jul 22 at 3:04AM Checked: Jul 22 at 3:04AM
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.
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
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 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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
