60 Ocean DRIVE
About This Property
The thoughtfully designed interior features an L-shaped formal living and dining area, plus a spacious family room with cathedral ceilings. The kitchen includes a breakfast bar, pantry, and a pass-through window to the lanai, making entertaining easy. The split bedroom layout offers privacy, with a large master suite that boasts lanai access and a private bath with dual sinks and a glass-enclosed shower.
The outdoor space is perfect for enjoying Florida living, with a large screened lanai, an inviting in-ground pool, and canal views from nearly every room. The new dock and seawall make it easy to explore open waters within minutes, straight from your backyard!
Exciting 2024 upgrades include:
New metal roof
New pool cage with clear-view screen
New dock and seawall (Seawalls are maintained by the City of Punta Gorda!)
New stainless steel dishwasher, soffits, gutters, interior paint, and new carpeting in bedrooms
This home offers not only prime sailboat access but also an unbeatable location. You'll be just minutes from downtown Punta Gorda, Fishermen's Village, and waterfront restaurants. Enjoy world-class tarpon fishing or cruise to local dining favorites like Riviera Grill and The Pink Elephant on Boca Grande. Spend your weekends exploring nearby islands, including Cabbage Key and Cayo Costa.
Traveling is a breeze with Punta Gorda Airport just 10 minutes away and Southwest Florida International Airport (RSW) only 40 minutes away.
Don't miss the chance to own this exceptional property-schedule your private tour today and experience the best of waterfront living in Punta Gorda Isles!
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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.
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About Punta Gorda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017