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3609 Bal Harbor Blvd
Listing Details
- $4,900,000
- MLS# A11998566
- Type Multi Unit - Multiple
- Status Active
Description
Bal Harbor Townhomes presents a compelling opportunity to acquire a portfolio of eight (8) fully condo-converted townhomes at 1,500 sq ft per 3 bedroom/2 bathroom townhomes + garage. 9ft ceilings with exclusive view of the vibrant, lavish golf course in each unit right when you open the front door. When it comes to the coastal Punta Gorda, Florida market ? its one of Southwest Floridas fastest-growing short-term rental corridors. With a negotiated all-cash price of $4,999,000, this portfolio delivers a 5.76%?6.50% going-in cap rate and projected 5-year IRRs of 10.3%?13.3% ? institutional-quality returns for a coastal Florida STR Class A asset.... Read more
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All Property Features
- Property Type: Multi Unit - Multiple
- Cooling: Central Air
- Crops Included Y/N: No
- Days on Site: 49
- Flooring: Vinyl
- Heating: Central
- HOA Fee: 1/ Annually
- Home Style: Attached
- Home Warranty Y/N: No
- Lease Considered Y/N: No
- Listing Terms: All Cash, Conventional, Cryptocurrency, Owner Will Carry
- Lot Description: 3/4 To Less Than 1 Acre Lot
- Parcel#: 412224102002
- Property Attached Y/N: No
- Property Sub-Type: Quadruplex
- Roof Type: Metal Roof
- Sewer: Other
- Stories: 2.0
- Taxes: $3,560
- Year Built: 2025