Commercial Sale Property - Office in Punta Gorda
SOLD for $2,390,000 on December 31, 2020
Listing Price: $2,600,000Sold Price: $2,390,000Sold Price/List Price: 92%
Description of Property
Investment Property - Professional Office Complex located in Punta Gorda. 5 Units (4 leased). Total of 19,600sf. Current Cap Rate 6.7% NOI $173K Proforma Cap Rate 8.9% This property is located at the entrance of Punta Gorda Isles and is within walking distance of Fisherman's Village for shopping and dining and a mile to historic downtown Punta Gorda filled with restaurants, shops and entertainment. Punta Gorda is off I-75 Exit 164 -midway between Sarasota and Fort Myers. ***BROCHURE ATTACHED***
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Office
City: Punta Gorda
County: Charlotte
Sq. Ft. Gross: 23,689
Sq. Ft. Living Area: 19,757
Cost per (heated) sqare foot: $132
Year built: 2001
Annual Tax: $29,256
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Stucco
Foundation: Stem Wall
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Parking Features: Common
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Cooling: Zoned
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Lot Information
Lot Features: Central Business District
Lot Size (acres): 2
Lot Size (sq. ft.): 86,976 square feet
Road Frontage: Main Thoroughfare
Adjoining Property:
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Legal Description & Other Information
Parcel Number: 412212255004_BLDG
Zoning: NC
Tax Legal Desc.: PUG 000 0023 0002 PUNTA GORDA BLK 23 LTS 2 & 3 293/366 557/1049 569/1042 570/923 1562/2134 1574/1410 1599/1473 ORD1709/1374 1769/1668 2234/715 CT3859/1447 3882/940
Listing courtesy of MAXIM COMMERCIAL REAL ESTATE,. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.