43985 Boardwalk Loop #2124 · Punta Gorda, FL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +14.6/15.0
- Schools +5.5/10.0
- 1% rule +5.4/10.0
- Condition / age +4.0/5.0
- Livability +3.8/5.0
- Rent growth +3.5/5.0
- Appreciation +2.4/10.0
- Cash flow +0.0/30.0
- DSCR +0.0/10.0
$205,000
43985 Boardwalk Loop #2124 · Punta Gorda, FL 33982
2 bd · 2.0 ba · 1,194 sqft · Condo
public records
· 168 Days on market
Built 2023
$172/sqft
· 16% below area
Est $244k · 16% under
$1070/mo HOA · 50% of rent
↓ 38% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to effortless Florida living in Babcock National, one of Southwest Florida’s most sought after gated golf communities! This beautifully maintained 2 bedroom, 2 bathroom condo offers thoughtfully designed living space and comes fully furnished, making it truly move-in ready or ideal for seasonal enjoyment or investment. Enjoy serene golf course and water views from your private screened lanai, perfect for morning coffee or unwinding at sunset. Inside, the open concept layout is filled with natural light and features a well appointed kitchen, spacious living and dining areas, and a split bedroom floor plan for added privacy.
Key facts
- $1,070 HOA
- Community pool
- Built 2023
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $205k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-975 ($-12k/yr) — negative.
- To cash-flow at today's rent, offer at most $89k (56.4% below list).
- Meets the 1% rule at list price ($2k rent vs $205k).
- Recommended offer: $89k (56.4% below list) — sets the bar for cash-flow.
- Cap rate 0.6% vs local median 3.5% in Punta Gorda — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 76/100 on livability (#225 in FL, #3,567 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, health & safety A+, housing B; Watch: cost of living D+, amenities D-, commute F.
- Charlotte (suburban): math 54% / reading 54% proficiency, ranked #22 of 73 in FL (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: East Elementary School (math 67% / reading 68%, grade B+, #435 of 2,144 statewide, top 21%, 761 students, 52% FRL); Punta Gorda Middle School (math 54% / reading 52%, grade C+, #209 of 571 statewide, top 37%, 1,120 students, 41% FRL); Charlotte High School (math 44% / reading 46%, grade D-, #228 of 667 statewide, top 35%, 1,994 students, 41% FRL).
- Market conditions: Rents rising fast (+4.1%/yr); 1453 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 117d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
- This rent runs 35% of the median local income ($72k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Charlotte County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 168 days — a 12% lower offer ($180k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 2y ago; this cycle's ask is 7221% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: property tax is 2.5% of price; HOA is 50% of rent.
Recommended offer
$89,381
(56.4% below list)
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 168 days. Have you received any prior offers? Is the seller open to a 56% concession, seller financing, or rate buy-down credit?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.04% ✓
- Cap rate
- 0.59%
- Cash-on-cash
- -20.38%
- DSCR
- 0.09
- GRM
- 8.0
CMA / ARV
- ARV (median comp)
- $243,500
- List price
- $205,000
- Delta
- -15.81%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 43993 Boardwalk Loop #1925 | 0.10mi | 2/2.0 | 1,194 (0%) | 0mo | $185,000 | $155 | 95 |
| 43981 Boardwalk Loop #2234 | 0.03mi | 2/2.0 | 1,154 (-3%) | 1mo | $204,000 | $177 | 92 |
| 43989 Boardwalk Loop #2043 | 0.05mi | 2/2.0 | 1,154 (-3%) | 3mo | $212,000 | $184 | 89 |
| 43040 Greenway Blvd #514 | 0.32mi | 2/2.0 | 1,194 (0%) | 2mo | $193,000 | $162 | 83 |
| 43010 Greenway Blvd #233 | 0.21mi | 2/2.0 | 1,154 (-3%) | 2mo | $225,000 | $195 | 82 |
| 43981 Boardwalk Loop #2244 | 0.22mi | 2/2.0 | 1,154 (-3%) | 2mo | $210,000 | $182 | 82 |
| 43050 Greenway Blvd #627 | 0.37mi | 2/2.0 | 1,170 (-2%) | 1mo | $215,000 | $184 | 79 |
| 15275 Green Acres Ave #325 | 1.23mi | 2/2.0 | 1,154 (-3%) | 2mo | $190,000 | $165 | 58 |
| 15275 Green Acres Ave #332 | 1.23mi | 2/2.0 | 1,154 (-3%) | 3mo | $229,000 | $198 | 57 |
| 44500 Cable Creek Dr | 1.38mi | 3/2.0 (+1) | 1,269 (+6%) | 3mo | $274,995 | $217 | 47 |
| 16524 Settlers Way | 1.05mi | 3/2.0 (+1) | 1,483 (+24%) | 1mo | $314,990 | $212 | 34 |
| 44433 Diamond Trl | 1.41mi | 3/2.0 (+1) | 1,484 (+24%) | 1mo | $315,000 | $212 | 34 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.13% rent growth · sell at horizon
5-year hold
- IRR
- -54.2%
- Equity multiple
- -0.60×
- Total profit
- $-92,063
- Equity at exit
- $30,566
10-year hold
- IRR
- -88.0%
- Equity multiple
- -1.55×
- Total profit
- $-146,574
- Equity at exit
- $17,725
Cash invested: $57,400 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.
Active competition Active MLS
- For sale now
- 0 active · 2 under contract
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33982
- Home prices YoY
- -1.2%
- Rents YoY
- 4.1%
- Active inventory
- 1453
- Price-to-rent
- 8.0×
Monthly cashflow live
↻
- Estimated rent
- $2,136 medium interval (Pro) →
- Mortgage (P&I)
- −$1,075
- Tax from tax record
- −$432 /mo · $5,187/yr
- Insurance
- −$85
- HOA
- −$1,070
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$449
- Net cashflow
- $-975
Break-even live
Break-even rent
$3,371
Max offer price
$89,381
Occupancy floor
—
Sensitivity live
| Price | -10% $-859 | -5% $-917 | +0% $-975 | +5% $-1,033 | +10% $-1,091 |
|---|---|---|---|---|---|
| Rent | -10% $-1,144 | -5% $-1,059 | +0% $-975 | +5% $-891 | +10% $-806 |
| Rate | -1.0pp $-872 | -0.5pp $-923 | base $-975 | +0.5pp $-1,028 | +1.0pp $-1,082 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $51,250
- Closing costs
- $6,150
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 43985 Boardwalk Loop #2118 Punta Gorda, FL | 2.0 | 2.0 | 1301 | $6,500 | $5.00 | 6d | 1 | 0.02mi |
| 43985 Boardwalk Loop #2115 Punta Gorda, FL | 2.0 | 2.0 | 1194 | $5,500 | $4.61 | 6d | 1 | 0.02mi |
| 43985 Boardwalk Loop #2138 Punta Gorda, FL | 3.0 | 2.0 | 1301 | $1,975 | $1.52 | 116d | 1 | 0.03mi |
| 43985 Boardwalk Loop #2141 Punta Gorda, FL | 2.0 | 2.0 | 1198 | $6,000 | $5.01 | 116d | 1 | 0.03mi |
| 43977 Boardwalk Loop #2315 Punta Gorda, FL | 2.0 | 2.0 | 1120 | $4,500 | $4.02 | 116d | 1 | 0.03mi |
| 43989 Boardwalk Loop #2032 Punta Gorda, FL | 2.0 | 2.0 | 1154 | $6,000 | $5.20 | 6d | 1 | 0.06mi |
| 43989 Boardwalk Loop #2018 Punta Gorda, FL | 3.0 | 2.0 | 1301 | $5,500 | $4.23 | 6d | 1 | 0.06mi |
| 43989 Boardwalk Loop #2041 Punta Gorda, FL | 2.0 | 2.0 | 1154 | $1,850 | $1.60 | 116d | 1 | 0.06mi |
| 43989 Boardwalk Loop #2024 Punta Gorda, FL | 2.0 | 2.0 | 1120 | $5,400 | $4.82 | 116d | 1 | 0.06mi |
| 43989 Boardwalk Loop #2028 Punta Gorda, FL | 3.0 | 2.0 | 1301 | $5,500 | $4.23 | 116d | 1 | 0.06mi |
| 43989 Boardwalk Loop #2042 Punta Gorda, FL | 2.0 | 2.0 | 1120 | $5,000 | $4.46 | 116d | 1 | 0.06mi |
| 43984 Boardwalk Loop #1717 Punta Gorda, FL | 2.0 | 2.0 | 1355 | $7,500 | $5.54 | 116d | 1 | 0.10mi |
| 43993 Boardwalk Loop #1941 Punta Gorda, FL | 2.0 | 2.0 | 1198 | $4,500 | $3.76 | 116d | 1 | 0.10mi |
| 43993 Boardwalk Loop #1913 Punta Gorda, FL | 2.0 | 2.0 | 1154 | $6,000 | $5.20 | 116d | 1 | 0.10mi |
| 43984 Boardwalk Loop #1717 Punta Gorda, FL | 2.0 | 2.0 | 1355 | $5,000 | $3.69 | 6d | 1 | 0.10mi |
| 43997 Boardwalk Loop #1832 Punta Gorda, FL | 2.0 | 2.0 | 1154 | $5,500 | $4.77 | 6d | 1 | 0.13mi |
| 43997 Boardwalk Loop #1842 Punta Gorda, FL | 2.0 | 2.0 | 1154 | $1,629 | $1.41 | 0d | 1 | 0.13mi |
| 43997 Boardwalk Loop #1842 Punta Gorda, FL | 2.0 | 2.0 | 1154 | $1,629 | $1.41 | 6d | 1 | 0.13mi |
| 43011 Greenway Blvd #1225 Punta Gorda, FL | 2.0 | 2.0 | 1355 | $6,000 | $4.43 | 6d | 1 | 0.13mi |
| 43011 Greenway Blvd #1225 Punta Gorda, FL | 2.0 | 2.0 | 1355 | $6,000 | $4.43 | 116d | 1 | 0.13mi |
| 15970 Grassland Ln Punta Gorda, FL | 2.0 | 2.0 | 1476 | $6,250 | $4.23 | 116d | 2 | 0.13mi |
| 15970 Grassland Ln Punta Gorda, FL | 2.0 | 2.0 | 1476 | $3,800 | $2.57 | 6d | 2 | 0.13mi |
| 15980 Grassland Ln Punta Gorda, FL | 2.0 | 2.0 | 1467 | $6,625 | $4.51 | 116d | 2 | 0.13mi |
| 43997 Boardwalk Loop #1821 Punta Gorda, FL | 3.0 | 2.0 | 1301 | $6,500 | $5.00 | 116d | 1 | 0.14mi |
| 43997 Boardwalk Loop #1827 Punta Gorda, FL | 2.0 | 2.0 | 1154 | $5,400 | $4.68 | 116d | 1 | 0.14mi |
| 43997 Boardwalk Loop #1843 Punta Gorda, FL | 2.0 | 2.0 | 1120 | $1,599 | $1.43 | 116d | 1 | 0.14mi |
| 43997 Boardwalk Loop #1832 Punta Gorda, FL | 2.0 | 2.0 | 1154 | $5,500 | $4.77 | 116d | 1 | 0.14mi |
| 15930 Grassland Ln #2412 Punta Gorda, FL | 2.0 | 2.0 | 1355 | $6,600 | $4.87 | 116d | 1 | 0.15mi |
| 43996 Boardwalk Loop #1422 Punta Gorda, FL | 2.0 | 2.0 | 1355 | $5,500 | $4.06 | 116d | 1 | 0.15mi |
| 43021 Greenway Blvd #1115 Punta Gorda, FL | 2.0 | 2.0 | 1355 | $2,600 | $1.92 | 116d | 1 | 0.15mi |
| 43031 Greenway Blvd #1024 Punta Gorda, FL | 2.0 | 2.0 | 1438 | $6,000 | $4.17 | 6d | 1 | 0.19mi |
| 43031 Greenway Blvd #1014 Punta Gorda, FL | 2.0 | 2.0 | 1366 | $6,000 | $4.39 | 116d | 1 | 0.19mi |
| 43000 Greenway Blvd Punta Gorda, FL | 2.0 | 2.0 | 1159 | $4,050 | $3.49 | 109d | 4 | 0.20mi |
| 15960 Grassland Ln #2727 Punta Gorda, FL | 2.0 | 2.0 | 1422 | $6,000 | $4.22 | 6d | 1 | 0.20mi |
| 43010 Greenway Blvd Punta Gorda, FL | 2.0 | 2.0 | 1145 | $6,300 | $5.50 | 116d | 2 | 0.20mi |
| 43010 Greenway Blvd Punta Gorda, FL | 2.0 | 2.0 | 1137 | $5,750 | $5.06 | 6d | 2 | 0.20mi |
| 15960 Grassland Ln #2714 Punta Gorda, FL | 2.0 | 2.0 | 1366 | $2,800 | $2.05 | 116d | 1 | 0.20mi |
| 15960 Grassland Ln #2727 Punta Gorda, FL | 2.0 | 2.0 | 1422 | $6,000 | $4.22 | 116d | 1 | 0.20mi |
| 43000 Greenway Blvd #134 Punta Gorda, FL | 2.0 | 2.0 | 1120 | $4,500 | $4.02 | 6d | 1 | 0.20mi |
| 43981 Boardwalk Loop #2222 Punta Gorda, FL | 2.0 | 2.0 | 1154 | $4,900 | $4.25 | 116d | 1 | 0.21mi |
Property features AI
Finance
- Other
- Lease restrictions apply
- Financial info
- Total monthly community fees listed as $1,070.56Total annual community fees listed as $12,846.76Other annual assessment amount reported
- HOA & community
- Condo fees of $432 monthly (also listed quarterly/other association fees apply)Association quarterly fee of $1,916.69 (secondary association)Association fee covers guard service, pool, escrow reserves, insurance, internet, structure and grounds maintenance, recreational facilities, security, sewer, trash and waterCommunity amenities include clubhouse, fitness center, golf, golf carts allowed, playground, pool, recreation facilities, spa/hot tub, tennis courts, dog park, sidewalks and reclaimed water irrigationPets allowed with breed restrictions; cats and dogs OKAssociation approval required
Exterior
- Parking
- Directions to property available
- Security
- 24-hour guard included in association services
- Utilities
- Public waterPublic sewerElectricity connectedWater connected
- Home design
- CondominiumOne-level unitLocated on 2nd floorNortheast-facing
- Construction
- Block and stucco constructionShingle roofSlab foundationBuilt as part of a multi-story building (total 4 stories)
- Exterior features
- Covered rear porchScreened porchPatioPond view
Interior
- Kitchen
- DishwasherRangeRefrigerator
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetTile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (electric)Central air conditioning
- Interior features
- Eat-in kitchenKitchen open to family roomSliding doors
- Laundry & utility
- WasherDryerLaundry closet
HOA detail $1,070/mo · $12,840/yr condo
- Likely covers
- watersecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-24days on market $205,000 Active 168 DOM
-
2026-09-22days on market $205,000 Active 167 DOM
-
2026-09-21days on market $205,000 Active 166 DOM
-
2026-09-20days on market $205,000 Active 165 DOM
-
2026-09-19days on market $205,000 Active 164 DOM
-
2026-09-17days on market $205,000 Active 162 DOM
-
2026-09-16days on market $205,000 Active 161 DOM
-
2026-09-15days on market $205,000 Active 160 DOM
-
2026-09-14days on market $205,000 Active 159 DOM
-
2026-09-13days on market $205,000 Active 158 DOM
-
2026-09-12days on market $205,000 Active 157 DOM
-
2026-09-11days on market $205,000 Active 156 DOM
-
2026-09-05days on market $205,000 Active 150 DOM
-
2026-09-04days on market $205,000 Active 149 DOM
-
2026-09-03days on market $205,000 Active 148 DOM
-
2026-08-31days on market $205,000 Active 145 DOM
-
2026-08-30days on market $205,000 Active 144 DOM
-
2026-08-29days on market $205,000 Active 143 DOM
-
2026-08-28days on market $205,000 Active 142 DOM
-
2026-08-27days on market $205,000 Active 141 DOM
-
2026-08-26days on market $205,000 Active 140 DOM
-
2026-08-25days on market $205,000 Active 139 DOM
-
2026-08-23days on market $205,000 Active 137 DOM
-
2026-08-22days on market $205,000 Active 136 DOM
-
2026-08-21days on market $205,000 Active 135 DOM
-
2026-08-20days on market $205,000 Active 134 DOM
-
2026-08-19days on market $205,000 Active 133 DOM
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2026-08-18days on market $205,000 Active 132 DOM
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2026-08-17days on market $205,000 Active 131 DOM
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2026-08-16days on market $205,000 Active 130 DOM
-
2026-08-15days on market $205,000 Active 129 DOM
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2026-08-14days on market $205,000 Active 128 DOM
-
2026-08-13days on market $205,000 Active 127 DOM
-
2026-08-12days on market $205,000 Active 126 DOM
-
2026-08-11days on market $205,000 Active 125 DOM
-
2026-08-10days on market $205,000 Active 124 DOM
-
2026-08-09days on market $205,000 Active 123 DOM
-
2026-08-08days on market $205,000 Active 122 DOM
-
2026-08-07days on market $205,000 Active 121 DOM
-
2026-08-06days on market $205,000 Active 120 DOM
-
2026-08-05days on market $205,000 Active 119 DOM
-
2026-08-04days on market $205,000 Active 118 DOM
-
2026-08-03days on market $205,000 Active 117 DOM
-
2026-08-01days on market $205,000 Active 114 DOM
-
2026-07-29days on market $205,000 Active 112 DOM
-
2026-07-27days on market $205,000 Active 110 DOM
-
2026-07-25days on market $205,000 Active 108 DOM
-
2026-07-24days on market $205,000 Active 107 DOM
-
2026-07-23days on market $205,000 Active 106 DOM
-
2026-07-22days on market $205,000 Active 105 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast FL · Resets to sale price
- Current annual tax
- $5,187 · $432/mo
- Projected year-2 tax
- $5,187 · $432/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,636
- − Mortgage interest
- −$11,483
- − Property taxes
- −$5,187
- − Insurance
- −$1,025
- − Repairs & maintenance
- −$2,051
- − Management
- −$2,051
- − HOA
- −$12,840
- − Depreciation
- −$5,964
- Taxable loss
- −$14,965
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$3,592
- After-tax cash flow
- $-8,109/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
80/100
None rehab
This move-in ready condo in Babcock National offers a well-maintained and thoughtfully designed living space with serene golf course and water views.
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics ↑
- Both Updating the flooring in the bathrooms — Modern flooring can improve the overall look and feel of the property ↑
- Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing ↑
D
Composite school gradezoned avg 55/100
Zoned Schools
Elementary
East Elementary School
B+
FL #435/2,144
Nat'l #4,272/41,679
Middle
Punta Gorda Middle School
C+
FL #209/571
Nat'l #2,873/14,009
High
Charlotte High School
D-
FL #228/667
Nat'l #6,809/17,239
Schools (NCES district)
- District
- Charlotte
- NCES district ID
- 1200240
- Math proficiency
- 54% ▼ -6.00%
- Reading proficiency
- 54% ▼ -1.00%
- Median HH income
- $44,864
- Composite
- 45.62/100
- National rank
- #2586
- State rank
- #22 of 73 in FL
B
Composite livability gradescore 76/100
Livability — Punta Gorda
- Score
- 76/100
- State rank
- #225
- US rank
- #3567
Category grades
Amenities D-
Commute F
Cost of living D+
Crime A+
Employment B-
Housing B
Health & safety A+
User ratings A
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Charlotte County · 198,646 people
- City population
- 68,831
- Metro
- Punta Gorda, FL
- Population (ZIP)
- 13,006
- Household income
- $72,443
- Rent vs Own
- Severe rent burden
- 42% of renters
Population outlook (Charlotte County) Hauer SSP2
- Today (2025)
- 198,646 people
- By 2030
- 210,507 · +6.0%
- By 2040
- 230,857 · +16.2%
- By 2050
- 247,148 · +24.4%
- By 2075
- 281,777 · +41.8%
- By 2100
- 293,609 · +47.8%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (81%)
- Race & ethnicity
- White 81% Two or more races 8% Hispanic / Latino 7% Black 7%
- Hispanic origin (detail)
- Puerto Rican 2% Cuban 3%
- Common ancestry
- Lithuanian 3% Iranian 3% Slovak 3%
- Foreign-born
- 6% · Canada, Jamaica
- Languages at home
- 93% English-only · Spanish 5% German/W. Germanic 1% Arabic 1%
Political lean MEDSL · Charlotte
- 2024 margin
- Solid R (+34.0) · D 32.7% · R 66.7%
- 2008→2024 swing
- -26.7pp toward R · 2008: -7.2pp · 2024: -34.0pp
- All cycles
- 2024: R+34.0 2020: R+26.6 2016: R+27.8 2012: R+14.3 2008: R+7.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -5.25%
- Current HPI
- 448.5895
- Rent YoY
- ▲ 4.13%
- Metro
- Punta Gorda, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
|
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-37.8% since first listed21 events — show timeline
- 2026-07-01 Rental Removed $2,800 TURBOTENANT
- 2026-06-26 Price Changed $205,000 Stellar MLS as Distributed by MLS Grid
- 2026-05-30 Listed for Rent $2,800 TURBOTENANT
- 2026-04-08 Listed $215,000 Stellar MLS as Distributed by MLS Grid
- 2025-10-15 Rental Removed $3,000 TURBOTENANT
- 2025-09-13 Listed for Rent $3,000 TURBOTENANT
- 2025-08-15 Rental Removed $3,000 TURBOTENANT
- 2025-05-09 Listed for Rent $3,000 TURBOTENANT
- 2025-05-03 Rental Removed $3,000 TURBOTENANT
- 2025-04-25 Listed for Rent $3,000 TURBOTENANT
- 2025-04-02 Rental Removed $3,000 TURBOTENANT
- 2025-04-01 Listed for Rent $3,000 TURBOTENANT
- 2024-07-20 Rental Removed $2,500 TURBOTENANT
- 2024-03-20 Listed for Rent $2,500 TURBOTENANT
- 2024-03-05 Rental Removed $2,000 STELLARMLS
- 2024-02-29 Price Changed $2,000 STELLARMLS
- 2024-02-20 Price Changed $2,500 STELLARMLS
- 2024-02-15 Price Changed $3,000 STELLARMLS
- 2024-02-08 Price Changed $3,500 STELLARMLS
- 2024-01-30 Price Changed $4,000 STELLARMLS
- 2024-01-24 Listed for Rent $4,500 STELLARMLS
Property tax history
-3.0%/yrLatest (2025): $5,187 · -3.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…