190 Rotonda Blvd W Unit 190B · Rotonda, FL 33947

$134,900

2 bd · 2.0 ba · 874 sqft · Condo public records · 15 Days on market

Built 2004 $300/mo HOA · 17% of rent ↓ 12% since listing

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Why this score? — see what drove the C+ 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).

• Cash flow +21.3/30.0
• 1% rule +7.7/10.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• Appreciation +5.6/10.0
• Schools +4.6/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0

Listing remarks MLS

Welcome home to this beautifully maintained, open-concept first-floor condo in the heart of Rotonda. Designed for comfort and effortless living, this fully furnished, turnkey retreat offers a split bedroom layout that provides privacy for you and your guests, along with luxury vinyl plank flooring and an abundance of storage throughout. You’ll love thoughtful extras like the walk-up attic, a shared storage unit, and a private backyard that opens seamlessly through a full hide-away sliding glass door—perfect for morning coffee, weekend grilling, or simply enjoying Florida’s gentle breezes. Inside, the floor plan lives large with two spacious bedrooms and two well-appointed bathrooms, making it ideal for snowbirds, full-time residents, or anyone looking to downsize without sacrificing comfort. Every room is tastefully furnished, allowing you to move right in and immediately start living the relaxed Florida lifestyle. Low-maintenance living is a highlight here, with an HOA of just $300 per month that includes lawn care, trash service, insurance, and reserves for future repairs. Everything is designed to keep life simple so you can spend your days exploring, relaxing, and enjoying your surroundings. Rotonda itself is one of Southwest Florida’s hidden gems—a peaceful, master-planned community known for its scenic canals, lush greenbelts, and friendly residential feel. Outdoor enthusiasts appreciate the miles of walking and biking trails, the five vibrant community golf courses, and easy access to boating, kayaking, and nature preserves. With wide, quiet streets and a laid-back coastal vibe, Rotonda offers the perfect blend of tranquility and convenience. And when you’re ready for a beach day, you’re just 14 miles to the world-famous turquoise waters of Boca Grande and only 8 miles to the sugar-sand shores of Englewood Beach. Boutique shops, waterfront dining, marinas, farmers markets, and live entertainment are all just minutes away, creating the perfect balance between peaceful living and coastal adventure. This condo is more than a home—it's a low-maintenance, beautifully appointed gateway to the Southwest Florida lifestyle. Move right in and start enjoying everything Rotonda and the Gulf Coast have to offer.

Key facts

• Private backyard
• Cathedral ceilings
• Sliding glass doors

Tags

• SPLIT-BEDROOM FLOOR PLAN
• LUXURY VINYL PLANK FLOORING
• CATHEDRAL CEILINGS
• OPEN-CONCEPT LAYOUT
• SLIDING GLASS DOORS
• PRIVATE BACKYARD

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $135k.

Deal economics

• At list price, monthly cash flow is $130 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $133k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 3.1% in Rotonda — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 67/100 on livability (#548 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A-, cost of living B+; Watch: schools D, amenities F, 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.
• Market conditions: Rents soft (-0.2%/yr); 863 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($933 loan paydown + $2k appreciation (1.2% local appreciation)).
• Charlotte County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (1.2% appreciation + 0.0% rent growth), your $38k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,876 (1.5% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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.
7. 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.
8. 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: 1.27% ✓
• Cap rate: 8.04%
• Cash-on-cash: 6.24%
• DSCR: 1.28
• GRM: 6.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.25% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 4.0%
• Equity multiple: 1.20×
• Total profit: $7,624
• Equity at exit: $47,816

10-year hold

• IRR: 6.0%
• Equity multiple: 1.69×
• Total profit: $26,074
• Equity at exit: $64,930

Cash invested: $37,772 (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.

Methodology + full state rankings →

ZIP-level market 33947

• Home prices YoY: 0.4%
• Rents YoY: -0.2%
• Active inventory: 863
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,717 high
• Mortgage (P&I): −$707
• Tax from tax record: −$97 /mo · $1,160/yr
• Insurance: −$56
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$300
• Vacancy / Maint / Mgmt: −$361
• Net cashflow: $130

Break-even live

Break-even rent $1,553

Max offer price $134,900

Occupancy floor 87%

Sensitivity live

Price	-10% $206	-5% $168	+0% $130	+5% $92	+10% $53
Rent	-10% $-6	-5% $62	+0% $130	+5% $198	+10% $265
Rate	-1.0pp $198	-0.5pp $164	base $130	+0.5pp $95	+1.0pp $59

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
199 Rotonda Blvd W Unit C Rotonda West, FL	2.0	2.0	974	$1,475	$1.51	14d	1	0.10mi
284 Rotonda Blvd W Rotonda West, FL	2.0	2.0	897	$1,475	$1.64	22d	1	0.73mi
260 Rotonda Blvd W Unit 2 Rotonda West, FL	3.0	2.0	1047	$1,500	$1.43	22d	1	0.77mi
146 Boundary Blvd Unit B101 Rotonda West, FL	2.0	2.0	815	$1,400	$1.72	22d	1	0.92mi
100 Rotonda Lakes Cir Rotonda West, FL	1.0–3.0	1.0–2.0	1024	$1,126	$1.10	14d	1	1.04mi
309 Boundary Blvd Unit B Rotonda West, FL	2.0	2.0	960	$1,450	$1.51	22d	1	1.04mi
66 Boundary Blvd #280 Rotonda West, FL	1.0	1.0	850	$1,350	$1.59	14d	1	1.11mi

HOA detail condo

• Monthly dues: $300 · $3,600/yr
• Likely covers: watertrashlandscaping
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 8 events

1. 2026-01-15
   soldstatus $134,900
2. 2026-01-05
   soldstatus $134,900 Closed 2293-char remark

   Show marketing remark (2293 chars)

   Welcome home to this beautifully maintained, open-concept first-floor condo in the heart of Rotonda. Designed for comfort and effortless living, this fully furnished, turnkey retreat offers a split bedroom layout that provides privacy for you and your guests, along with luxury vinyl plank flooring and an abundance of storage throughout. You’ll love thoughtful extras like the walk-up attic, a shared storage unit, and a private backyard that opens seamlessly through a full hide-away sliding glass door—perfect for morning coffee, weekend grilling, or simply enjoying Florida’s gentle breezes. Inside, the floor plan lives large with two spacious bedrooms and two well-appointed bathrooms, making it ideal for snowbirds, full-time residents, or anyone looking to downsize without sacrificing comfort. Every room is tastefully furnished, allowing you to move right in and immediately start living the relaxed Florida lifestyle. Low-maintenance living is a highlight here, with an HOA of just $300 per month that includes lawn care, trash service, insurance, and reserves for future repairs. Everything is designed to keep life simple so you can spend your days exploring, relaxing, and enjoying your surroundings. Rotonda itself is one of Southwest Florida’s hidden gems—a peaceful, master-planned community known for its scenic canals, lush greenbelts, and friendly residential feel. Outdoor enthusiasts appreciate the miles of walking and biking trails, the five vibrant community golf courses, and easy access to boating, kayaking, and nature preserves. With wide, quiet streets and a laid-back coastal vibe, Rotonda offers the perfect blend of tranquility and convenience. And when you’re ready for a beach day, you’re just 14 miles to the world-famous turquoise waters of Boca Grande and only 8 miles to the sugar-sand shores of Englewood Beach. Boutique shops, waterfront dining, marinas, farmers markets, and live entertainment are all just minutes away, creating the perfect balance between peaceful living and coastal adventure. This condo is more than a home—it's a low-maintenance, beautifully appointed gateway to the Southwest Florida lifestyle. Move right in and start enjoying everything Rotonda and the Gulf Coast have to offer.

3. 2025-12-10
   status Pending
4. 2025-12-06
   status Pending 2293-char remark

   Show marketing remark (2293 chars)

   Welcome home to this beautifully maintained, open-concept first-floor condo in the heart of Rotonda. Designed for comfort and effortless living, this fully furnished, turnkey retreat offers a split bedroom layout that provides privacy for you and your guests, along with luxury vinyl plank flooring and an abundance of storage throughout. You’ll love thoughtful extras like the walk-up attic, a shared storage unit, and a private backyard that opens seamlessly through a full hide-away sliding glass door—perfect for morning coffee, weekend grilling, or simply enjoying Florida’s gentle breezes. Inside, the floor plan lives large with two spacious bedrooms and two well-appointed bathrooms, making it ideal for snowbirds, full-time residents, or anyone looking to downsize without sacrificing comfort. Every room is tastefully furnished, allowing you to move right in and immediately start living the relaxed Florida lifestyle. Low-maintenance living is a highlight here, with an HOA of just $300 per month that includes lawn care, trash service, insurance, and reserves for future repairs. Everything is designed to keep life simple so you can spend your days exploring, relaxing, and enjoying your surroundings. Rotonda itself is one of Southwest Florida’s hidden gems—a peaceful, master-planned community known for its scenic canals, lush greenbelts, and friendly residential feel. Outdoor enthusiasts appreciate the miles of walking and biking trails, the five vibrant community golf courses, and easy access to boating, kayaking, and nature preserves. With wide, quiet streets and a laid-back coastal vibe, Rotonda offers the perfect blend of tranquility and convenience. And when you’re ready for a beach day, you’re just 14 miles to the world-famous turquoise waters of Boca Grande and only 8 miles to the sugar-sand shores of Englewood Beach. Boutique shops, waterfront dining, marinas, farmers markets, and live entertainment are all just minutes away, creating the perfect balance between peaceful living and coastal adventure. This condo is more than a home—it's a low-maintenance, beautifully appointed gateway to the Southwest Florida lifestyle. Move right in and start enjoying everything Rotonda and the Gulf Coast have to offer.

5. 2025-11-21
   listed $134,900 Active
6. 2025-11-20
   listed $134,900 Active 2293-char remark

   Show marketing remark (2293 chars)

   Welcome home to this beautifully maintained, open-concept first-floor condo in the heart of Rotonda. Designed for comfort and effortless living, this fully furnished, turnkey retreat offers a split bedroom layout that provides privacy for you and your guests, along with luxury vinyl plank flooring and an abundance of storage throughout. You’ll love thoughtful extras like the walk-up attic, a shared storage unit, and a private backyard that opens seamlessly through a full hide-away sliding glass door—perfect for morning coffee, weekend grilling, or simply enjoying Florida’s gentle breezes. Inside, the floor plan lives large with two spacious bedrooms and two well-appointed bathrooms, making it ideal for snowbirds, full-time residents, or anyone looking to downsize without sacrificing comfort. Every room is tastefully furnished, allowing you to move right in and immediately start living the relaxed Florida lifestyle. Low-maintenance living is a highlight here, with an HOA of just $300 per month that includes lawn care, trash service, insurance, and reserves for future repairs. Everything is designed to keep life simple so you can spend your days exploring, relaxing, and enjoying your surroundings. Rotonda itself is one of Southwest Florida’s hidden gems—a peaceful, master-planned community known for its scenic canals, lush greenbelts, and friendly residential feel. Outdoor enthusiasts appreciate the miles of walking and biking trails, the five vibrant community golf courses, and easy access to boating, kayaking, and nature preserves. With wide, quiet streets and a laid-back coastal vibe, Rotonda offers the perfect blend of tranquility and convenience. And when you’re ready for a beach day, you’re just 14 miles to the world-famous turquoise waters of Boca Grande and only 8 miles to the sugar-sand shores of Englewood Beach. Boutique shops, waterfront dining, marinas, farmers markets, and live entertainment are all just minutes away, creating the perfect balance between peaceful living and coastal adventure. This condo is more than a home—it's a low-maintenance, beautifully appointed gateway to the Southwest Florida lifestyle. Move right in and start enjoying everything Rotonda and the Gulf Coast have to offer.

7. 2013-04-30
   soldstatus $85,000
8. 2005-06-28
   soldstatus $152,500

ⓘ 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: $1,160 · $97/mo
• Projected year-2 tax: $1,160 · $97/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 76% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,606
• − Mortgage interest: −$7,556
• − Property taxes: −$1,160
• − Insurance: −$1,472
• − Repairs & maintenance: −$1,648
• − Management: −$1,648
• − HOA: −$3,600
• − Depreciation: −$3,924
• Taxable loss: −$403
• Est. tax savings @ 24.0%: +$97
• After-tax cash flow: $1,655/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.

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

Livability — Rotonda

• Score: 67/100
• State rank: #548
• US rank: #10359

Category grades

Amenities F Commute F Cost of living B+ Crime A+ Employment C+ Housing A- Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rotonda, FL
• County: Charlotte County · 196,994 people
• City population: 10,490
• Metro: Punta Gorda, FL
• Population (ZIP): 10,447
• Household income: $80,091
• Rent vs Own: 14.0% rent · 86.0% own
• Severe rent burden: 91.0

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 (96%)
• Race & ethnicity: White 96% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Romanian 5% Lithuanian 4% Slovak 4%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 93% English-only · Russian/Polish/Slavic 3% Spanish 2% German/W. Germanic 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: ▲ 1.25%
• Current HPI: 311.3231
• Rent YoY: ▼ -0.22%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-11.5% since first listed

8 events — show timeline

• 2026-01-15 Sold (Public Records) $134,900 Public Records
• 2026-01-05 Sold (MLS) $134,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-10 Pending — FORTMLS
• 2025-12-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-11-21 Listed $134,900 FORTMLS
• 2025-11-20 Listed $134,900 Stellar MLS as Distributed by MLS Grid
• 2013-04-30 Sold (Public Records) $85,000 Public Records
• 2005-06-28 Sold (Public Records) $152,500 Public Records

Property tax history

+3.7%/yr

Latest (2025): $1,160 · +4.2% YoY. Source: county tax records.