Commercial Sale Property - Hotel/Motel in Punta Gorda
Listing Price: $15,000,000
Description of Property
Pre-Construction. To be built. Rare opportunity to acquire a substantially advanced hotel development project in the heart of Port Charlotte. The property is located at 22417 Hancock Avenue, Port Charlotte, FL 33980, just east of US-41/Tamiami Trail, near Charlotte Harbor, major medical employers, retail, restaurants, and established commercial corridors. The offering consists of an approved proposed 84-room, three-story La Quinta Inn & Suites by Wyndham hotel project on approximately 1.786 acres. The site is zoned CG, Commercial General, which permits hotel, motel, inn, restaurant, bar, cocktail lounge, nightclub, and tavern uses, and the project has been advanced through extensive pre-development work, including feasibility, brand, engineering, civil, architectural, and FF&E documentation. The planned hotel program includes guest rooms, lobby, breakfast area, business center, fitness room, outdoor pool, and the opportunity for a full liquor bar, lounge, and dining component, creating additional guest amenities and potential revenue streams beyond traditional limited-service lodging. A major demand driver is the property's proximity to Sunseeker Resort Charlotte Harbor, a landmark regional resort and hospitality destination. While Sunseeker operates in a different resort/luxury segment, its presence helps elevate the area’s visibility, tourism draw, restaurant traffic, event demand, and overall hospitality profile. The proposed La Quinta is well-positioned to benefit from nearby visitor activity, overflow lodging demand, business travel, vendor/contractor demand, and travelers seeking a more moderately priced branded hotel option near Charlotte Harbor.
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.