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Leased Strip Mall with Seven Units

3231 Tamiami Trail Port Charlotte, FL 33952

3231 Tamiami Trail, Port Charlotte, FL, 33952
$1,999,000
For Sale
$1,999,000

SINGLE_FAMILY - Port Charlotte, FL

Property Size7,000 SF
Lot Size0.65 Acres
Price / SF$285.57
Days on Market18

Property Features for 3231 Tamiami Trail

General Information

Property type
Residential
Property subtype
Retail
Standard status
Active
APN
402222179002
Lot size
0.65 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
PCH 002 014F 0021
Tax Annual Amount
7516

Building Details

Year built
1960
Floors in Building
1
Listing Agency Five Star Realty of Charlotte
295 Maude Street, Punta Gorda, FL
Listed by Catherine Sanders · License #274500107
Added: Jul 1 Checked: Jul 18 at 4:06 am
MLS# 2026028516

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-established strip mall consists of seven retail units, all currently leased. The property offers a straightforward, income-producing setup designed for tenants seeking individual storefront space within a shared center.

The building is positioned on U.S. 41 southbound in Port Charlotte, providing high-visibility exposure from the corridor. The property is located directly across from Promenades at Parkside, a new downtown development described as including upscale housing, boutique shops, fine dining, and entertainment.

For buyers looking for a retail asset with multiple in-place tenants, this center’s unit-by-unit leasing structure can provide operational simplicity compared with larger single-tenant formats. Its location on a heavily traveled roadway may appeal to retail and service concepts that benefit from consistent drive-by and surrounding-area foot traffic tied to nearby redevelopment activity. The asset’s 0.65-acre lot supports a conventional neighborhood shopping center layout for storefront occupancy.

Key Highlights

  • Strip mall built in 1960.
  • Seven fully leased 1,000 SF units.
  • Located on U.S. 41 southbound in a high‑traffic retail corridor.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $184.0k $26.28
− Vacancy −$6.1k −$0.87
EGI $177.9k $25.41
− OpEx −$53.4k −$7.62
NOI $124.5k $17.79
7,000 SF · lease $26.28/SF/yr · vacancy 3.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,523 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.29M
$2.01M – $2.67M (±1% cap)
NOI $160,440 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dave’s at hair by ... Barber Shop Joseph's Deli Restaurant Charlotte Pharmacy Pharmacy Easy Clippers Barber Shop

Suggested Use

Restaurant Parking Lot & Garage Storage Facility Big Box & Wholesale Store Garden Center Gym & Fitness Center Daycare Center Auto Parts Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Strip mall - Strip mall for sale featuring seven leased retail units along a southbound U.S. 41 corridor.
Where is this strip mall located?
The property is located at 3231 Tamiami Trail Port Charlotte, FL.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Strip mall built in 1960.; Seven fully leased 1,000 SF units.; Located on U.S. 41 southbound in a high‑traffic retail corridor.
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