OFF_MARKETNeutral Deal5 days on market

586 Bal Harbor Blvd

586 Bal Harbor Blvd, Punta Gorda, FL 33950, Punta Gorda, FL 33950
$599,000
Zestimate®:$588,900

Listing Price

Property image 1
586 Bal Harbor Blvd, Punta Gorda, FL 33950
Loc: Punta Gorda, FL
Days Listed
5
Tax Assessed
$564k
Zestimate®
$589k
Market Rate
Lot Size
0.29 acres
Rent Estimate
$3,548/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Sallie Jones Elementary School

PK-5
1.9 mi away
4

Punta Gorda Middle School

6-8
2.3 mi away
5

Charlotte High School

9-12
2.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.16%
Total ROI
15.5%
Cash Flow
$-453/mo
DSCR
0.85
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-03Sold$589,000$319
2026-07-08Contingent$599,000$324
2026-06-01Pending sale$599,000$324
2026-05-21Listed for sale$599,000$324
2022-09-27Listing removed$0
2022-09-08Listed for sale$969,000$524
2021-01-12Listing removed$0
2019-02-13Price change$4,200$2
2018-02-22Listed for rent$3,995$2
2014-06-17Sold$280,000$151
2014-04-30Price change$309,900$168
2014-01-20Price change$319,900$173
2013-09-12Listed for sale$337,000$182
2008-11-09Listing removed$365,000$197
2008-05-06Listed for sale$365,000$197
1998-11-03Sold$180,500$98
1995-06-26Sold$160,000$87
1994-07-15Sold$158,000$85

Tax History

YearProperty TaxTax Assessment
2025$10,284.45$537,621
2024$11,687.94$626,287
2023$9,369.89$401,985
2022$8,589.38$365,441
2021$6,234.57$317,420
2020$5,811.26$306,017
2019$5,842.46$298,522
2018$5,503.87$296,320
2017$5,503.87$278,314
2016$5,182.84$268,734
2015$5,135.24$244,304
2014$4,775.69$190,768
2013$2,631.21$188,082
2012$2,624.29$186,184
2011$2,499.01$186,184
2010$2,525.02$183,433
2009$2,315.65$178,611
2007$0$180,095
2006$0$180,095
2005$0$170,430
2004$0$167,252
2003$0$167,252
2002$2,560.21$163,332
2001$2,539.92$160,760
2000$2,645.8$166,470
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,849
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $599,000Rent Basis: Observed Comp Model ($3,548/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $300/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.95%

NOI: $23,661/yr

Cash-on-Cash Yield
-9.9%

On $137,770 invested

DSCR Ratio
0.63x

Negative debt coverage

5-Yr Leveraged ROI
+44.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$460/mo
Homeowner / Hazard Insurance-$300/mo
Vacancy Reserve (5% of rent)-$177/mo
Repairs & Maintenance (10% of rent)-$355/mo
Property Management (8% of rent)-$284/mo
Total Pure Operating Expenses-$1,576/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,548/mo
Less: Operating Expenses-$1,576/mo
Net Operating Income (NOI)+$1,972/mo
Less: Debt Service (30yr @ 6.75%)-$3,108/mo
Net Cash Flow
$-1,136/mo
$-13,636/year
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