Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13388 Michilin Ave Punta Gorda, FL 33955

    Sponsored
    For Sale
    Contact for pricing

    Land - PUNTA GORDA, FL

    Lot size:
    0.32 Acres
    Days on Market:
    84
    Last Refresh:
    Feb 8 at 1:06 pm

    Property Features for 13388 Michilin Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RSF3.5
    APN
    422311351001
    Lot size
    0.32 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Taylor Brady

    RE/MAX Palm Realty (941) 743-5525

    Listing agent Taylor Brady (941) 743-5525 License #3591890

    Listing date Nov 17, 2025

    MLS# C7517822 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Corner Lot in Tropical Gulf

    This spacious corner lot is located in the quiet, desirable community of Tropical Gulf Acres. The property is surrounded by lush Florida greenery, offering a blend of privacy and accessibility. It provides easy access to US-41 and I-75, placing it minutes from Punta Gorda’s waterfront parks, dining, and shopping. The property is zoned RSF3.5 and spans 0.32 acres. Located in Punta Gorda, Charlotte County, Florida, this lot presents an opportunity for a full-time residence, seasonal escape, or long-term investment. There are no HOA restrictions. The property is located at 13388 Michilin Avenue, Punta Gorda, FL 33955.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -81.988863
    Latitude
    26.832606

    Nearby Similar for Sale

    • $514,999
      1,810 SF

      New Duplex in Punta Gorda

      Move-in ready duplexes near schools, downtown, and recreational facilities.
      419 Carmalita St, Punta Gorda, FL 33950
      View Details
    • $514,999
      1,810 SF

      New Duplex in Punta Gorda

      Move-in ready duplexes near schools, downtown, and recreational facilities.
      415 Carmalita St, Punta Gorda, FL 33950
      View Details
    • $514,999
      1,810 SF

      New Duplexes in Punta Gorda

      Move-in ready duplexes with modern amenities and convenient location.
      409 Carmalita St, Punta Gorda, FL 33950
      View Details
    • $499,000
      2,246 SF

      Punta Gorda Commercial Warehouse Opportunity

      2,246 sq ft commercial warehouse in a prime location.
      121 E Mckenzie St, Punta Gorda, FL 33950
      View Details
    • New
      $398,000
      Pending

      Punta Gorda Triplex Investment Opportunity

      Triplex near Charlotte Harbor with income potential and laundry room.
      23087 Central Ave, Punta Gorda, FL 33980
      View Details
    • $650,000
      2,400 SF

      Versatile Warehouse in Punta Gorda

      Commercial property with four garage bays in Harbour Heights.
      27039 Rushmore Ave, Punta Gorda, FL 33983
      View Details
    • New
      $789,000
      3,314 SF

      New Punta Gorda Duplex

      New duplex in Deep Creek, Punta Gorda with modern amenities.
      1036 San Cristobal Ave, Punta Gorda, FL 33983
      View Details
    • $1,750,000
      8,664 SF

      Under Construction Multifamily Investment

      Nearly completed 8-unit complex in Deep Creek Community.
      1215 Capricorn Blvd, Punta Gorda, FL 33983
      View Details
    • $629,900
      2,500 SF

      New Waterfront Duplex in Punta Gorda

      Custom-built duplex on waterfront lot, ideal for investment or living.
      16810/16812 San Edmundo Rd, Punta Gorda, FL 33955
      View Details
    • $559,000
      2,698 SF

      Punta Gorda Isles Duplex

      Recently built, fully rented duplex near downtown Punta Gorda.
      2709 Magdalina Dr, Punta Gorda, FL 33950
      View Details
    • $559,000
      Pending

      Punta Gorda Isles Duplex

      Recently built, fully rented duplex near downtown Punta Gorda.
      2307 Magdalina Dr, Punta Gorda, FL 33950
      View Details
    • $300,000
      1,820 SF

      Punta Gorda Duplex For Sale

      Duplex in high-demand rental area with easy access to amenities.
      27242 Sunnybrook Rd, Punta Gorda, FL 33983
      View Details

    FAQs

    What type of property is this?
    Land - Spacious corner lot in a desirable Punta Gorda community.
    Where is this land located?
    The property is located at 13388 Michilin Ave Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $27,000.
    What are key features of this property?
    This property features: - Spacious corner lot in desirable Tropical Gulf Acres.; - Easy access to US-41 and I-75.; - Minutes from Punta Gorda's waterfront, dining, and shopping.
    (239) 896-6433
    Request Owner's contact information
    13388 Michilin Ave Punta Gorda, FL 33955
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13388 Michilin Ave
    Punta Gorda, FL 33955
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13388 Michilin Ave Punta Gorda, FL 33955
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Taylor Brady
    Real Estate License ID: 3591890
    (239) 896-6433
    Learn more
    Google sign-in failed. Please try again or use another login method.