Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18503 Barbara Ave Port Charlotte, FL 33948

    Sponsored
    For Sale
    $89,000

    Land - PORT CHARLOTTE, FL

    Lot size:
    0.51 Acres
    Days on Market:
    56
    Last Refresh:
    Mar 1 at 7:06 am

    Property Features for 18503 Barbara Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RSF3.5
    APN
    402218230014
    Lot size
    0.51 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Keith LukaSavage

    LPT Realty, LLC. (877) 366-2213

    Listing agent Keith LukaSavage (877) 366-2213 License #3608773

    Listing date Jan 5, 2026

    MLS# TB8438435 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

    Port Charlotte Double Lot Opportunity

    This property presents a rare opportunity to own a double lot totaling over half an acre, specifically 0.51 acres, in the desirable Port Charlotte Section 21 community. The oversized homesite features 160 feet of frontage, providing ample space for a dream home, pool, extra garage, or RV parking. Situated in a peaceful, established neighborhood without HOA or deed restrictions, the location is still just minutes from shopping, dining, schools, golf courses, and the new Sunseeker Resort. Public water and electricity are available nearby. The property offers easy access to US-41, I-75, and the Gulf beaches, making it an ideal spot for full-time living or investment. Located in Flood Zone X, no flood insurance is required. This 0.51-acre parcel offers exceptional value and potential in one of Southwest Florida’s fastest-growing areas. The zoning is RSF3.5, and the intended use is for residential land and home lots.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Charlotte
    County
    Charlotte
    State
    Florida
    Longitude
    -82.140518
    Latitude
    27.002401

    Nearby Similar for Sale

    • $985,000
      2,264 SF

      Commercial Warehouse in Prime Location

      6,300+ sqft warehouse with office space and ample parking.
      4415 Church St, Port Charlotte, FL 33980
      View Details
    • New
      $350,000
      Pending

      Port Charlotte Industrial Flex Unit

      Industrial flex unit with warehouse and office space for sale.
      1434 Market Cir, Port Charlotte, FL 33953
      View Details
    • $349,000
      2,200 SF

      Mixed-Use Property in Port Charlotte

      2200 SF property suitable for daycare, assisted living, or office.
      20341 Midway Blvd, Port Charlotte, FL 33952
      View Details
    • $325,000
      Pending

      Port Charlotte Medical/Office Opportunity

      Medical office with reception, exam rooms, breakroom, and bathrooms.
      2525 Harbor Blvd, Port Charlotte, FL 33952
      View Details
    • $650,000
      3,440 SF

      Corner Lot Retail/Office Space

      Retail/office space with parking and frontage road near US41/I-75.
      23263 Harborview Rd, Port Charlotte, FL 33980
      View Details
    • $579,900
      1,249 SF

      Remodeled Commercial Property For Sale

      Commercial property with remodeled building, multiple bays, and ample parking.
      15182 Dahlgren Ave, Port Charlotte, FL 33953
      View Details
    • $1,189,000
      0.35 Acres

      Multi-Tenant Commercial Building on US 41

      Fully occupied commercial building with high visibility and traffic exposure.
      3880 Tamiami Trl, Port Charlotte, FL 33952
      View Details
    • New
      $225,000

      Turnkey Restaurant on US-41

      Established European restaurant for sale in prime location.
      2414 Tamiami Trl, Port Charlotte, FL 33952
      View Details
    • $9,995,000
      49,172 SF

      Distinctive Class B Office Building

      Four-story office building in Murdoch Business Center, Port Charlotte.
      1620 Tamiami Trl, Port Charlotte, FL 33948
      View Details
    • $365,000
      Pending

      Port Charlotte Duplex Opportunity

      Duplex in great location with easy access to amenities.
      12048 Henley Ave, Port Charlotte, FL 33981
      View Details
    • $365,000
      Pending

      Port Charlotte Duplex Opportunity

      Duplex in great location with easy access to amenities.
      12048 Henley Ave, Port Charlotte, FL 33981
      View Details
    • $528,900
      2,740 SF

      Port Charlotte Duplex Opportunity

      Income-generating duplex in South Gulf Cove with strong rental demand.
      9301 Agate St, Port Charlotte, FL 33981
      View Details

    FAQs

    What type of property is this?
    Land - Spacious double lot in desirable Port Charlotte community, no HOA.
    Where is this land located?
    The property is located at 18503 Barbara Ave Port Charlotte, FL.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: - Oversized double lot (.51 acres) with 160 feet of frontage offers ample space for a custom home, pool, and extra parking.; - Desirable location in Port Charlotte Section 21, close to shopping, dining, schools, golf courses, and the Sunseeker Resort.; - No HOA or deed restrictions provide freedom and flexibility.
    (813) 732-5275
    Request Owner's contact information
    18503 Barbara Ave Port Charlotte, FL 33948
    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.
    18503 Barbara Ave
    Port Charlotte, FL 33948
    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
    18503 Barbara Ave Port Charlotte, FL 33948
    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
    Keith LukaSavage
    Real Estate License ID: 3608773
    (813) 732-5275 (877) 366-2213
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!