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Active Income/MultiFamily
$6,000,000 ↑ +$500,000 (9.1%)
3609 Bal Harbor blvd, FL 33950, , FL 33950
0 Beds
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0 Baths
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— sqft
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Year Built

About This Property

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 — it’s one of Southwest Florida's 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.

Property Details

Property Type Income/MultiFamily
Days on Market 87 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed
Comparable Sales
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D
Dayron Crespo
Broker Associate

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