This price reflects an individual purchase of ONE townhome! Golfers dream, boaters paradise, & your final Airbnb destination! SHORT TERM RENTAL APPROVED, no restrictions! 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. Free golf membership included for the first 2 years, option to purchase a deeded dock across the street at community Marina! Association fee will be finalized for individual townhome purchases.
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Punta Gorda is located in Florida. Punta Gorda, Florida has a population of 19,230. Punta Gorda is less family-centric than the surrounding county with 9.78% of the households containing married families with children. The county average for households married with children is 14.89%.
The median household income in Punta Gorda, Florida is $68,923. The median household income for the surrounding county is $57,887 compared to the national median of $69,021. The median age of people living in Punta Gorda is 65.2 years.
The average high temperature in July is 91.9 degrees, with an average low temperature in January of 50.2 degrees. The average rainfall is approximately 51.7 inches per year, with 0 inches of snow per year.
