Commercial Sale · Income/MultiFamily
3609 Bal Harbor blvd, FL 33950, FL, 33950
Active116 days on marketListed Apr 10, 2026MLS #A11998544
About this property
The property at a glance
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.
12,000
Building sq ft
$500
Price / sq ft
24,052
Lot sq ft
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$32,640/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Robert to connect you with a commercial lender for real numbers.
Your team
The pros in your corner
Your agent
Robert Holmgren
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 3609 Bal Harbor blvd — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 3609 Bal Harbor blvd.
See it in person
Schedule a tour
Live availability from Robert's calendar — pick a time and it's booked.
Listing courtesy of Real Estate Sales Force · Sabrina Perez. MLS #A11998544.
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