3609 Bal Harbor blvd, FL 33950

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 — 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.

This income/multifamily home located at 3609 Bal Harbor blvd, FL 33950 is currently for sale and has been available on Brickellsold for 41 days. This property is listed at $5M. It has N/A beds, N/A bathrooms, and is N/A square feet. 3609 Bal Harbor blvd, FL 33950 county Charlotte County.