Commercial Sale Property - Hotel/Motel in Punta Gorda
Listing Price: $16,000,000
Description of Property
Pre-Construction. To be built. Own a brand-new, turnkey La Quinta Inn & Suites by Wyndham in one of Southwest Florida's fastest-growing hospitality markets. This unique offering includes the delivery of a fully constructed 84-room, three-story hotel at 22417 Hancock Avenue, Port Charlotte, Florida. The purchase price includes the completed hotel, all furniture, fixtures, and equipment (FF&E), and the extensive planning, approvals, and development work already completed. Rather than acquiring vacant land or an unfinished development project, buyers are purchasing a completed, ready-to-operate hotel upon construction, allowing them to avoid the time, risk, and complexity of the development process. Ideally located just east of US-41 (Tamiami Trail) near Charlotte Harbor, the property benefits from exceptional access to major medical centers, retail, restaurants, and established commercial corridors. The hotel is also positioned to capitalize on demand generated by the nearby Sunseeker Resort Charlotte Harbor, attracting overflow guests, business travelers, contractors, event attendees, and visitors seeking a nationally recognized hotel at a more moderate price point. The approved project consists of an 84-room, three-story La Quinta Inn & Suites by Wyndham on approximately 1.786 acres. Extensive pre-development work has already been completed, including feasibility studies, engineering, civil and architectural plans, brand coordination, permitting, and FF&E planning. The completed hotel will feature spacious guest rooms, an inviting lobby, breakfast area, business center, fitness center, outdoor pool, and a full-service liquor bar, lounge, and dining area, creating additional guest amenities and revenue opportunities. This is a rare opportunity for investors and hotel operators to acquire a newly constructed, nationally branded, turnkey hotel in a high-growth market without navigating the entitlement, design, permitting, and construction process. Seller intends to deliver the completed hotel, including the furniture package, subject to the terms of a negotiated purchase and sale.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Hotel/Motel
City: Punta Gorda
County: Charlotte
Subdivision: Charles H Gross Sub
Sq. Ft. Gross: 48,060
Total Units: 84
Year built: 2027
Annual Tax: $5,788
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Metal Frame
Foundation: Brick/Mortar
Roof: Shingle
Cooling: Central Air
Lot Information
Lot Size (acres): 1.79
Lot Size (sq. ft.): 77,801 square feet
Road Frontage: City Street
Front Exposure: East
Adjoining Property: Commercial
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 402226276011
Zoning: CG
New Construction: Yes
Tax Legal Desc.: ZZZ 264022 P7-6-1 26 40 22 P-7-6-1 1.78 AC. M/L GROSS SUB PART LT 7 DESC AS COMM AT NE COR SEC 26 S 1326.74 FT TH W 781.18 FT FOR POB TH W 155.4 FT S 270.21 FT SE 145.88 FT SE 145.54 FT TO W LN HARBOR EXEC. PARK TH N ALG W LN 267.06 FT W 105 FT N 120 FT TO POB
Section: 26
Range: 22E
Listing courtesy of NATIONAL LAND REALTY LLC. 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.