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23226 MIDWAY BOULEVARD
About This Property
The layout is highly desired with a split floor plan that provides both privacy and function. The primary bedroom is spacious at 15 feet and offers sliding doors leading directly to the lanai, creating a seamless indoor outdoor feel. The private ensuite includes dual sinks, a tiled tub and shower combination and an oversized 6 by 11 foot walk in closet. On the opposite side of the home, the guest bedroom measures 11 by 12 and features a spacious closet, a new remote ceiling fan and two large light filtering windows that brighten the space. This room is currently being used as a den. The guest bathroom has been nicely updated with a new commode and includes a tub and shower combination with a tiled wall design. Step out to the large screened lanai and enjoy a peaceful setting with plenty of room to relax or entertain. The generous 12 by 29 foot space offers flexibility for outdoor living while still being protected from the elements. The location is ideal, placing you close to Kings Highway shops, restaurants, Publix, Walmart, Sunseekers Resort and downtown Punta Gorda shops and restaurants. You are also just a 5 minute drive to the Town Center mall, Target, Best Buy, Kohls, Home Goods and more. Easy access to I 75 makes commuting simple and convenient. Call us today for your private viewing.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2026 | Price Decreased |
$230,000
↓ $9K
(3.7%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$238,900
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Apr 15, 2026 | Price Decreased |
$243,900
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Mar 19, 2026 | Listed by KW PEACE RIVER PARTNERS | $245,000 | |
| Listed by KW PEACE RIVER PARTNERS | |||
| Mar 17, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017