Chic Coastal Condo with
97 VIVANTE BOULEVARD 9727/207 Punta Gorda, FL 33950
For Sale
$389,000
Pending
Coastal condo with water views, resort amenities, and premium upgrades.
Property Size1,698 SF
Days on Market690
Property Features for 97 VIVANTE BOULEVARD 9727/207
General Information
- Standard status
- Pending
- Size
- 1,698 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2006
Listing Agency:
COMPASS FLORIDA LLC
(941) 286-9647
Listed By:
Tamina Aratari · License #3154468
(941) 286-9647
Source:
Exitrealty
Added: Sep 2, 2024
Changed: Jul 10
Last Checked: Jul 23 at 4:08AM
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 COMPASS FLORIDA LLC
Investment Insights
Based on property information with market context.
This chic coastal condo redefines the concept of a room with a view, offering enchanting water views from every room. The well-designed layout features two master en-suite bedrooms, enhanced by 10-foot ceilings and elegant 8-foot doors. The kitchen is a masterpiece of coastal chic and modern functionality, showcasing granite counters, stainless steel appliances, and convenient built-ins, including a closet pantry and desk. A unique bonus space adjacent to the kitchen and living room offers versatility for a formal dining area, office space, extended living area, or personal art studio. Located within a gated community, residents have access to 25,000 square feet of indoor and outdoor recreational amenities, including tennis courts, a sparkling pool, and a spa. The property offers a unique opportunity to experience the relaxing tropical beauty that Florida is famous for. Premium upgrades include a 2022 storm smart Kevlar lanai screen and a 2023 water heater. The property size is 1698 square feet.
Key Highlights
- One year of monthly HOA fees covered (limited seasonal buyer offer).
- Water views from every room.
- Two master en‑suite bedrooms.
Financial Insights For Apartment 5plus
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 | $34.0k | $20.04 |
| − Vacancy | −$6.8k | −$3.99 |
| EGI | $27.3k | $16.05 |
| − OpEx | −$12.3k | −$7.22 |
| NOI | $15.0k | $8.83 |
1,698 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$214.2K
$187.4K – $249.9K
NOI $14,991 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$556.0K
$486.5K – $648.6K
NOI $38,918 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Coastal condo with water views, resort amenities, and premium upgrades.
Where is this residential income property located?
The property is located at 97 VIVANTE BOULEVARD 9727/207 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: One year of monthly HOA fees covered (limited seasonal buyer offer).; Water views from every room.; Two master en‑suite bedrooms.
