Multifamily in 3609 Bal Harbor blvd , for sale with MLS# A11998544
Bal Harbour 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.
3609 Bal Harbor blvd, ,, FL 33950
- Price:
- $5,500,000.00
- Original List Price:
- $5,500,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11998544
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 10, 2026 9:44 am
- Built-Up Area:
- 12,000 Sqft
- Lot Area:
- 24,052 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Number of Units Total:
- 8
- Structure Type:
- Hotel Motel, Multifamily
- Tax Annual Amount:
- $0.00
- Covered Spaces:
- 0
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note), 1031 Exchange
- Occupant Type:
- Vacant
- Originally published on:
- April 10, 2026 9:44 am
- Active on the market since:
- April 10, 2026
- Price change occurred on:
- April 10, 2026 9:29 am
- Listing Status Last Changed On:
- April 10, 2026 9:44 am
- Photos updated on:
- April 13, 2026 2:06 pm
- Last Modified:
- April 13, 2026 2:06 pm
- Courtesy of:
- Real Estate Sales Force
- Attribution:
- Not provided
- Street Name:
- Bal Harbor blvd
- Street Number:
- 3609
- City:
- ,
- State:
- Florida
- Zip Code:
- 33950
- County:
- Charlotte
- Latitude:
- N26° 54' 2.7''
- Longitude:
- W83° 55' 47.4''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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