Address: 3609 Bal Harbor Blvd, PUNTA GORDA, FL 33950
Description
One or more photo(s) has been virtually staged, AI generated or rendered. 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 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. NO short term rental restrictions! Projected income of $52,000 per month on Airbnb for all 8 townhomes. Golf course membership included first 2 years, possible deed docks included. Call or text us at anytime, we get the phone!
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