Description
Located in Punta Gorda, Bal Harbor Townhomes offers the opportunity to acquire a portfolio of eight fully condo-converted luxury townhomes positioned within one of Southwest Florida’s fastest-growing short-term rental markets. Each newly constructed 2025 residence spans approximately 1,500 square feet and features three bedrooms, two bathrooms, a private garage, and soaring 9-foot ceilings with direct views overlooking a premier golf course immediately upon entry. Offered at a negotiated all-cash price of $4,999,000, the portfolio is projected to deliver institutional-quality returns with an estimated going-in cap rate between 5.76% and 6.50% and projected five-year IRRs ranging from 10.3% to 13.3%. The property benefits from unrestricted short-term rental usage, with projected Airbnb revenue estimated at approximately $52,000 per month across all eight units. Additional highlights include no association fees, allowing ownership full flexibility to establish management structure and operating budgets, along with included golf memberships for the initial years of ownership and the potential inclusion of deeded docks. This unique offering represents a rare Class A coastal Florida investment opportunity combining luxury accommodations, strong cash-flow potential, and long-term appreciation upside.
Listing Details
- Space Type
multifamily
- Sub Category
apartments-building
- Date Listed
5/21/2026
- Investment Type
Core
Property Specifics
- Property Name
3609 Bal Harbor Blvd
- Property Class
A
- No of Buildings
1
- No of Stories
2
- Year Built
2025
- Building Size
12,000 SF
- Occupancy
90%



